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Asking Price$525,000
Revenue$86,000 Established1960
Cash Flow$63,000 Employees2 full, 2 part
FF&E$39,000* FranchiseNo
Inventory$12,000* RelocatableNo
Real Estate$500,000* Home-basedYes
* Included in Asking Price
Linga Longa Resort  is a well established resort on Lake of the Ozarks at the 60 mile marker in operation for 40+ years.  We have reduced the price to $525,000, we really want to retire. We have seven cabins, 5 one bedroom, 1 two bedroom, and 1 three bedroom.  We have 3 docks, one 7 slip, one covered, with store and 3 gas pumps. One with 1 covered boat slip and two swim platforms, and one with two covered boat slips, one with lift, and four covered skido slips with lifts, all have 20’ walk ways.We have a boat ramp on site that is used by several people at a pay for use system. There is a 4 bedroom house on site, it has two baths, central heat and air, fireplace, 2 washer, 2 dryer laundry room, and basement storage/work area.  We set on 10.2 acres with 440’ of lake front in a deep water cove. We have two private water wells, propane tank, and overhead elec. The gas pumps are supplied by a 3000 gal above ground storage tank. We have a 7 bay boat storage.  The property is not developed beyond the lake front, plenty of room for expansion. All cabins are complete furnished with everything need to stay with us, gas grills on all private decks, pots and pans, dishes, linens, paper plates, and coffee filters.  All cabins have been newly painted, and refurbished with period furniture. Store is complete with all fixtures, refers, freezers, cash register, credit card mach. Etc. When we sale, we will leave everything except personal effects, you will be able to walk in and start where we leave off. We rent the cabins now by the night, week, month, or season. The one bedroom rents for $100 per night, two $125, and three $135. Our gas is 93 octane, the only 93 octane at this end of the lake, we really sell lots of gas.  We also have beer/liquor ice cream, sodas, chips, etc.  Our cabins are by far the nicest in the area, repeat business is really great here. If you need more info, email me at fredwatts@netzero.com or 254-855-3075
Facilities:laundry room, 7 completly furnished cabins, store, gas dock and pumps,3000 gal. storage tank, 7 bay boat storage
Competition:two other cabin rental places at our end of lake, we are by far the best, with plenty of repeat customers, only 93 octane gas at this end of lake
Growth Potential:nothing developed except lake front 10 acres with plenty or growth potential, rv park, resturant, bar/grill more cabins, condos, new homes
Training/Support:this place is up and running, we will stay and help get new owners involved with place and customers
Seller Financing:would finance with half down
Sale Reason:want to retire
Ad #14447
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