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

EBITDA: N/A

FF&E: 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

INCREDIBLE ELY MINNESOTA RESORT FOR SALE $995,000

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.
https://www.elymnresortforsale.com/

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
More info at: https://www.elymnresortforsale.com/ See us on Facebook. GardenLakeResort@facebook.com www.gardenlakeresort.com Public Site (Home Based)
Competition:
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.
Financing:
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!
Home-Based:
This business is Home-Based
Business Website:
http://www.gardenlakeresort.com
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Business Listed By:
Mark Ellerbroek

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