Retail - Restaurants | Services - Hotels & Other Lodging

$Seller Financing Available

Asking Price	$375,000	Inventory
Gross Income	$300,000	Real Estate
Cash Flow	$75,000	Year Established	1960
FF&E	N/A	Employees	4

* included in the asking price

** not included in the asking price

Excellent buy at well-below market value

Pineridge is located at the entrance to Lost Valley Reservoir, a forested public recreation area known for hunting, snowmobiling, camping & fishing. This commercial property, located on a major US Highway, has an excellent restaurant, new kitchen and equipment, with attractive dining areas. The tavern has a rustic ambience, and when included with the restaurant occupies a total of 3000 square feet on the main level. A 1476 sq ft 2-bedroom, 1-bath apartment is on the second floor. The 3.5 acre property is very appealing to the consuming public and is a positive cash flow investment to the owner/operator. There are also 12 RV spaces along with 2 individual cabins that are currently rented on a nightly basis. Rental income exceeds $2000 per month. Seller will finance to qualified buyer.

Facilities: 3,000 sq ft restaurant and tavern on 1st floor with all equipment and furnishings. 1,476 sq ft apt on 2nd floor. Two 2-bedroom cabins with kitchens completely furnished. 12 RV spaces with full hook ups. All this sits on 3.5 acres nestled in the trees and bordered by two live creeks.

Competition: Nearest full service dinner restaurant is 17 miles south or 22 miles north.

Growth/Expansion: There are currently a 10,000 gal and a 5,000 gal above ground fuel tanks with new retainage system that could be put back in service to sell fuel.

Seller Financing Available: Yes

Support/Training: Will stay on site as a renter as long as necessary to provide support.

Reason Selling: Retiring