Iconic Lake Resort For Sale

Mineral, WA (Lewis County)

Seller Financing Available
Iconic Lake Resort For Sale

Asking Price:$625,000

Cash Flow:$90,000

Gross Revenue:$148,000

EBITDA:$58,000

FF&E:$73,000

Inventory:$2,500*

Real Estate:$400,000

Established:1950

*not included in asking price.

Iconic Lake Resort For Sale

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Business Description

If you want the best place to fish in Western Washington, one of your choices is Mineral Lake Resort.
Located just south of Tacoma, and at the foothills of Mt. Rainier, this Resort is popular for both the novice and big game fishermen.
You can pay to fish from the dock, rent a boat or pontoon or even a cabin or RV spot if you plan on staying for awhile. There is also boat moorage available.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
1 full time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home of the "10 pound trout" Mineral lake Resort has been an area icon for decades. The current owner of the past 27 years wants to retire and give you the chance to carry on this great tradition. The property consists of 2.24 acres with 360 feet of water front and a breathtaking view of Mt. Rainer. The Resort comes equipped with a large dock, pontoon and row boats for rent, 4 cabins, RV space, both daily & monthly rentals, and a boathouse the sells tackle, bait and snacks. A truly popular place to fish. (Home Based)
Competition:
There is no competition. This place is absolutely slammed on opening day and through the entire fishing season. The Washington Department of Fish and Wildlife stock this lake annually.
Growth & Expansion:
The resort is currently open 6 months of the year. You could expand the months of operation.
Financing:
Yes with 25% down
Support & Training:
As needed
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
Business Website:
http://www.minerallakeresort.com

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Larry Bergstrom

Business Listed By:
Larry Bergstrom

Crescent Realty

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