Services - Hotels & Other Lodging

Asking Price	$1,200,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1991
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Excellent opportunity with great growth potential! Over 9 acres on Mille Lacs Lake currently operating as McQuoid's Inn - your one stop vacation headquarters. From the 31-Unit Hotel & Banquet Hall, to the rustic cabins, fully equipped with multiple bedrooms, bathrooms, fireplaces and full kitchens, you ll find excitement no matter what time of year. The potential to increase occupancy, provide additional services, add a restaurant and a pool give this resort optimal growth potential. Regular visitors and newcomers continue to enjoy the fishing, boating, snowmobiling, camping and other activities that make this a fun and relaxing family resort and a great investment! Price includes all land, buildings, business, furniture, fixtures and equipment (excludes any fish house equipment.) **Option to purchase 5 condo buildings for an additional $1,700,000 for a total of $2,900,000. See Listing #678534 for details.**

Facilities: Great acreage on Mille Lacs Lake currently operating as McQuoid's Inn - your one stop vacation headquarters. From the 31-Unit Hotel & Banquet Hall, to the rustic cabins, all fully equipped with multiple bedrooms, bathrooms, fireplaces and full kitchens, you'll find excitement no matter what time of year. Price includes all land, buildings, business, furniture, fixtures and equipment. **Option to purchase 5 condo buildings for an additional $1,700,000 for a total of $2,900,000. See Listing #678534 for details.**

Competition: While there are various campgrounds and resorts around Mille Lacs Lake, McQuoid s Inn does not have any direct competition in close proximity. The current owners have found that their competition is greater from alternative destinations in the Brainerd area. McQuoid s competitive differentiation from the Brainerd area is lower prices and the large size of Mille Lacs Lake for those customers desiring a larger lake for fishing and other recreation.

Growth/Expansion: The following are key growth opportunities: (1) Expand by building a restaurant on the site. (2) Convert the Cedar Room to a pub or hospitality room. (3) Increase occupancy with additional event promotions. (4) Add a swimming pool. (5)Management fees from condominiums. (6) Purchase the fish house business

Support/Training: Sellers will assist new owners in the transition.

Reason Selling: To pursue other interests.