#72205RG - Lake View Resort with year-round Restaurant & Cabin Rentals, Arkansas

Business Description:

Beautiful lake view resort in Arkansas. 6 Acres with 11 cabins (3 have 2 BRs; 8 are Studios); satellite TV and Wi-Fi. Nine (9) cabins have been recently remodeled, with plans to remodel the other 2 cabins. Newly built 3000 sqft custom home for owner residence. Beautiful lake views; close to busy marinas for fishing, fly-fishing, boating and diving. Restaurant has been expanded and remodeled; and is busy year-round with locals within 30 miles, and tourists throughout the area. Kitchen has been expanded and remodeled with all new equipment and HVAC. Added new parking lots, landscaping and patio areas, guest laundry, kid's playground and fire pit. Electrical was installed underground; generators for restaurant and cabins. Area has growing opportunities for the restaurant and cabin rentals; opportunity to acquire adjacent property (30-40 acres) for expansion or add a conference center. Real Estate included in sale.

Refer to file #72205RG. Please respond with your name, mailing address and telephone/fax number(s) so we may send a confidentiality agreement.

Gross Revenue: $1,937,867

Cash Flow: $197,033

FF&E: $668,761

EBITDA: $197,033

Inventory: $25,000

Real Estate: Owned

Included in Sale: Yes

Primary Business Type: Hotels and Motels

Secondary Business Type: Restaurants

Year Established: 2015

Employees: 25

Support & Training: Negotiable

Reason for Selling:

Office Reference ID: #72205RG

Contact : Charles Harvey


Phone: 512-310-2966

Photo: DSC_2251

Photographer: Lena

Licenses: Attribution 2.0 Generic

"Texas Real Estate Commission Information About Brokerage Service",

"Texas Real Estate Commission Consumer Protection Notice."