Ely MN Resort For Sale (REDUCED)

Ely, MN (Saint Louis County)

Seller Financing Available
A family resort close to the Ely and the BWCA
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Asking Price: Get Financing: $995,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $1,000,000

Established: 1972

Ely MN Resort For Sale (REDUCED)

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Business Description

Established Turn-Key, Ely MN Resort For Sale(REDUCED)

INCREDIBLE ELY MINNESOTA RESORT FOR SALE (confidential Listing)
REDUCED!! From $1,150,000 to $995,000

This small, 4-season Resort and Owner's Lodge offers a unique opportunity as an established Resort, family or business retreat, common interest community or an association management business.

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 pre-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 (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 SHOWS! More info at: https://www.elymnresortforsale.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 via marketing.
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
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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