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Year Around Destination Restaurant Cabins Lake Views For Sale

Arkansas, US
Asking Price:
$2,375,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,739,000 (USD)
Cash Flow:
$222,837 (USD)

Restaurant, Rental Cabins, and Owners Residence over 3,200' - Lake Views

The owners have built a strong brand drawing about 80% of their restaurant
business from locals.

The owners have made major upgrades and additions every year for the past 5+
years, resulting in growing sales and profits year over year.

Restaurant seats 150, with many tables having a lakeview. There is a large
patio area with lake views too. Sales for 2020 were initially impacted as
they made adjustments due to COVID restrictions. Current sales for 2021 are
proving to be their best year ever and are on target to exceed $2M.

The owner's house could be converted into Airbnb for additional income.

There are rental cabins which have all been upgraded and many have lake
views. There is also plenty of room to add more cabins and some adjoining
property may be available.


Real Estate is Listed by Richard Roberts at The Brandon Group.

Signed NDA Required for Additional Information
Richard Roberts, ABI/SVA

Property Information

Real Estate:

Real Property Included

Premises Details:

The entire complex has been totally upgraded over the past five years to the highest standards possible. The only thing you will need to do is standard day to day maintenance.

Size in square feet:
3,278

Business Operation

Expansion Potential:

The hours in the restaurant can be extended and also add Mondays to the days open.

The cabins are usually fully booked for the summer and fishing/hunting times which indicates there may be some room for price increases.

There is room for additional cabins to be built.

Competition / Market:

This part of the country continues to grow at an above average rate. We feel the growth in population and the quality of the product will continue to keep this growing.

Reasons for selling:

Health

Trading hours:

Tuesday - Saturday

Employees:
11FT / 14PT
Years established:
76

Other Information

Support & training:

The owners are going to stay in the area to provide all the training and support needed by the new owners.

Furniture / Fixtures value:
$158,356 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

Contact AEGIS Business Brokers, LLC

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