Services - Hotels & Other Lodging | Services - Amusement & Recreation

Asking Price	$1,250,000	Inventory	$10,000**
Gross Income	$500,000	Real Estate	$950,000*
Cash Flow	$130,000	Year Established	1939
FF&E	$300,000*	Employees	3 ft 2 pt

* included in the asking price

** not included in the asking price

Resort on beautiful Lake of the Woods

Get to the Point!!! Wheelers Point Resort & Lodge Get out of your office - 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 in a life style change: fishing walleye, sauger, small mouth, northern pike, muskie, 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, includes sleeper fish houses and plow trucks; Fall Hunting on 80 Acres complete with comfortable heated deer stands. This property includes spacious 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, equipment and tools too numerous to mention

Facilities: Waterfront real estate, lodge, cabins, furnishings, residence, marina, saloon & grill, 2 charter boats, rental boats & motors, 6 vehicles, winter ice fishing houses, shops, 80 acres prime hunting land, all equipment, tools, and more...

Competition: This is a resort community. Lake of the Woods is the premier lake in Minnesota and Wheelers Point is the premier location with the Rainy River on one side and Lake of the Woods on the other.

Growth/Expansion: Room and/or opportunity to expand in every income center. These areas can be discussed with serious buyers.

Support/Training: 30 days on site support. This is a turn key operation with experienced employees.

Reason Selling: Retire