Ely MN 4 Season Resort For Sale

Ely, MN (Saint Louis County)

Seller Financing Available
Garden Lake Resort 2018
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Asking Price: $995,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Real Estate: $1,250,000

Established: 1972

Ely MN 4 Season Resort For Sale

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Business Description

Established 4 Season, Turn-Key, Ely MN Resort For Sale


This small, 4-season Resort and Owner's Lodge (Home)is priced to sell and offers a unique opportunity as an established Resort, or as a potential family or business retreat, common interest community or an association management business. ( This is the perfect opportunity for the Generation X age group looking for a manageable business that will pay for itself and provide you a lakeside home, amazing location, perfect semi retirement opportunity, and a great home on a Lake chain! If you have an additional income stream or can work from home with a second source of income, look no further! Tired of living in the city and working for the Man. See how this business can change your life. )
Contract for Deed available to qualified buyers!

Sitting on a quiet lakeside point, this Ely Minnesota Resort has access to multiple lakes and direct access to the BWCA. Wildlife themed cabins are recently remodeled and air conditioned. Each cabin has a fireplace, flat screen TV, WiFi internet, and a fully furnished kitchen. Resort grounds are immaculate with flower gardens, large decks, docks, beach, play area, and water's edge lake views.

The owner's home has 4-bedrooms, 3 baths, 2 fireplaces, a newly remodeled kitchen, all new appliances including laundry, and a new lakeside addition with living room and master suite. Large decks wrap around the home. There are numerous updates to this property including excellent well water system, and 3 certified septic systems. The property is extremely well kept and shows the pride of ownership by the retiring owners after 42 Years!

Terms: Cash (preferred) or contract for qualified buyers.

What's Next? Fill out the Non-Disclosure form on our private For Sale website and we will send you additional information about the business.

Detailed Information

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More info at: https://www.elymnresortforsale.com/ See us on Facebook. GardenLakeResort@facebook.com www.gardenlakeresort.com Public Site (Home Based)
This well established resort business is located in Ely, Minnesota, the gateway to the BWCA (Boundary Waters Canoe Area). The business and assets are in excellent condition with a strong repeat customer base. A unique opportunity in a Prestine location! EXPERIENCE THE DIFFERENCE! Excellent care and maintenance of this Resort IT SHOWS! More info at: https://www.elymnresortforsale.com/. www.gardenlakeresort.com
Growth & Expansion:
Although physical expansion is limited to to the size of the property, there are a number of growth opportunities in terms of seasonal growth, Year round facility, fully winterized ( especially winter business) via marketing. Solid repeat clientel Summer/Fall, growing Winter business.
Contract for Deed to qualified buyer, Financials available to qualified buyers.
Support & Training:
More info at: https://www.elymnresortforsale.com/ 218-235-9316 Mark SEE us @. Facebook www.ely.org
Reason for Selling:
Owners are retiring after 42 years!
This business is Home-Based
Business Website:
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Business Listed By:
Mark Ellerbroek

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