Listing Details - *Price Reduction* Lake Front or Lake Access Hotel and Resort

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*Price Reduction* Lake Front or Lake Access Hotel and Resort (Lodging, Hotels; Lodging, Motels)

- New Hampshire, Belknap

Seller Financing:
Lender Pre-Qualified:
Listing ID: 70344
Status: Active

Listing Details

Listed Price: $1,900,000
Down Payment:
Total Sales:
SDE:
EBIT:
EBITDA:
FFE: Included?
Real Estate: Included? Yes
Inventory: Included?
A/R: Included?
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Contact Information
VR Business Brokers
27 Cushing Avenue
Hingham Massachusetts 02043
Office: 781-749-8004
Fax: 781-749-8054
Email: jmason@vrbaystate.com
www.vrbaystate.com
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Reason for Sale: Owner wants to return to homeland
Training: Owner will assist in transition as needed
Financing Terms: Pending SBA Pre-screen

Operations

Year Established: 1990
Last Acquired:
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location: Stand-alone
Absentee Owner:
Online:
Employees: Full Time: 6 / Part Time: 18
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities: 49 rooms, function room(seats 160+-), restaurant, lounge (seats 125+-), pool, beach

Summary

Business Description: Fantastic opportunity to own the NH lifestyle. Features 49 rooms, restaurant, lounge, function room and large indoor pool.. Great frontage on one of the big lakes with potential to expand.
A property like this seldom comes on the market. 12+- acres with frontage on a main road and located on town sewer. This can be purchased with or without the lakefront. Property has a launch ramp and several docks along with a sandy beach .140 parking spaces with potential to add more. The current owner is tired, operating on a limited schedule and wants to move back to homeland. The property is in excellent condition with recent renovations making it turnkey. The right buyer could be a working couple or a restaurant hotel group. The potential for a new owner with a good concept is outstanding and limitless. One of the best locations and facilities on any lake in NH!
Historical Summary:
Owner Qualifications:
Competition:
Potential Growth: Facility is not being fully utilized so expansion possibilities are many