Services - Hotels & Other Lodging | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$1,250,000	Inventory	$15,000**
Gross Income	$512,000	Real Estate	$850,000*
Cash Flow	$165,000	Year Established	1935
FF&E	$284,000*	Employees	3 ft 2 pt

* included in the asking price

** not included in the asking price

Paradise awaits! Life is too short and precious not to act now.

Lake of the Woods is the premiere lake of Minnesota, Wheelers Point Resort and Lodge is the premiere location on Lake of the Woods (check most any atlas). Located where the famous Rainy River enters the legendary Lake of the Woods, Wheelers Point Resort and Lodge has everything you could possibly wish for in a lifestyle change: fishing walleye, sauger, smallmouth, northern pike, sturgeon and more, or hunting deer, bear, ducks, geese, grouse and more, or boating, golf, skiing, snowmobiling and more. Current owners will provide all necessary training, easily manageable by an energetic couple. Your income centers are as follows and each has room for growth and expansion: * Cabin rentals, all winterized (10 cabins, 8 standard and 2 deluxe) * RV Park with shower house, mostly seasonal campers * Marina with gas, bait, dock slip rentals and boat and motor rentals * Summer charter fishing (2 charter boats) * Brand new ViewPoint Saloon & Grill with large waterfront deck * Newly remodeled commercial kitchen and dining room * Winter Ice Fishing with Bombardier and FloatVan, and early ice rigs * Winter Lake of the Woods Sleepers fish houses and plow trucks * 80 acres of prime hunting land with trails and elevated heated deer stands Premier Northern Minnesota Lakefront Resort For Sale on Lake of the Woods This property includes spacious 4BR 2BA owners/managers living quarters with waterfront view and large balcony. Also a modern newly remodeled lodge and business offices with computerized reservation and income accounting. This property is a truly turn key operation with plenty of storage buildings and equipment and tools too numerous to mention. Visit at: www.WheelersPoint.com. $1,250,000 Serious inquires call John Fitzpatrick at 218-634-2629 or e-mail: John@WheelersPoint.com

Facilities: Everything stays. Over $250K in furnishings and equipment. Truly a turn key transition.

Competition: Premier fishing lake in the entire midwest. Best location on the lake, exactly where the famous Rainy River enters legendary Lake of the Woods.

Growth/Expansion: Income from cabins, campground, marina, charter fishing, ice fishing, saloon, and grill; each area has room for growth with a little effort towards advertising and promotion.

Seller Financing Available: Yes

Financing: Some seller financing

Support/Training: Almost completely employee run. All employees wish to remain with new ownership. Owners will provide any and all necessary training and support.

Reason Selling: Retiring after 15 rewarding years