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Grand Lake, AR Hotel & Lodging Businesses For Sale

1 Grand Lake, AR Hotel & Lodging Businesses For Sale Found.

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5 Proven & Profitable Beaver Lake Arkansas Lodging /Turn-key Business Lodging on Beaver Lake in the resort town of Eureka Springs, Arkansas
$1,850,000
Proven & Profitable Beaver Lake Arkansas Lodging /Turn-key Business Lodging on Beaver Lake in the resort town of Eureka Springs, Arkansas

Eureka Springs, AR

After a Wonderful experience on Beaver Lake, we offer our pride and joy as we wish to retire to take up Grandparent duty. We have 8 units (5 one bedroom cabins, 1 two bedroom cabin, and 2 suites) plus all turnkey furnishings-including owners/innkeepers home with knock down gorgeous views of Beaver Lake in the Ozark Mountains at Eureka Springs, Arkansas. There is room for expansion if desired on our beautiful 10 1/2 acre Lakefront property. We cater to the special occasion, romantic get-away, outdoor adventure market. We are Not a B & B. That is a very people intensive business. Ours consists of greeting our guests, giving them information about the area, then off to their cottages and we seldom see them again. We rarely cook breakfast for ourselves, let alone our guests. We have lived on site for almost 7 years and designed this business to be 'easier', not 'harder'. We have not only enjoyed the beauty of this lake & nature, but have also enjoyed a $40,000 yearly benefit of cost free living. If you are tired of the main-stream stress and would like to become a "rat race drop out", this Mom and Pop business may be your ticket. Living in one of the 'Top 5 Coolest Small Towns in America' is about as good as it gets! With ADR $217 and annual revenue around $400K, this business turns a very respectful cash flow. We have strong financials that come straight from an accountant which our local bankers do appreciate. Most banks will require a minimum of 20% down. Before calling, please see our website Beaverlakecottages.com as it will give you the best indication of this unusual opportunity to earn a living in such a gorgeous area. We promise to be respectful of your time - and ask the same. Qualified buyers please call Neal Watts at (479) 253-8439. Sellers are willing to stay on for a couple of weeks after closing to assure a smooth transition.