Lakefront Supper Club and Cocktail Lounge with expansive property on a premier 1500 acre, west-central Minnesota Lake. 80 seat dining room and a 22 seat cocktail lounge with room for 40 on the newly expanded patio. Established for nearly 40 years, the supper club has many regulars and steady, year-round business
Lakefront Supper Club and Cocktail Lounge
Asking Price: | $699,000 |
Categories: | |
Reason For Sale: | Retirement |
Posting Date: | 01/08/2014 |
Gross Sales: | $340,570 |
Cash Flow: | $88,350 |
Facility: | The restaurant sits on 3.5 acres on a peninsula of a premier fishing and sports recreation lake. The property has an owners’ residence above the restaurant with 3 bedrooms, 2 bathrooms and an office. There are also 14 docks and 640’ of lakeshore. Also included are 15 trailer rental sites generating $33,375 of income annually. There is a waiting list for these rentals so the income is stable. The owners’ residence could rent for an additional $1000 per month if desired. A new roof and new ansul system were installed in 2013 as well as numerous update since 2009 |
Employees: | 12 part time |
Listing ID#: | 7783 |
