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Resort Development Opportunity - Weekends at the Lake plus R.O.I.!

St. Paul-Minneapolis-Twin Cities, Minnesota, United States
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Asking Price$299,000
Revenue$47,000 Established2005
Cash FlowUndisclosed EmployeesUndisclosed
FF&E$45,000* FranchiseNo
Inventory$458,000* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This is a unique business opportunity that is mostly absentee except for the time you choose to spend at your lake property.  This turnkey facility is fully operational and has been enjoyed by its growing group of seasonal residents for many years. The physical layout/landscape is complete and about half the intended memberships are sold.  
Owner could manage the business for near-term cash flow or long-term passive income. Not a timeshare but rather a real development that makes full-time lake ownership affordable.  Residents might choose RV or Park Model living.  Real lake ownership means that this is a stable community of neighbors who can get to know one-another. Quiet mid-sized lake (100-500 acres)!
Your Return on Investment comes as you continue to sell the remaining lots/locations (about 50%) and as a bonus you can enjoy life on the lake as long as you save one spot for yourself! Seller will finance with $150,000 down payment for a qualified buyer.  Call Clayton Wendt 651-288-1634 to find out more!  I will be happy to answer your questions! Ask about Sunbelt ID # MN-1-1648
Sale Reason:Focus on other business and growing family
Ad #80325
Seller Reference #MINNEMN001-N1648
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Contact This Seller
Clayton Wendt
(651) 484-2677
Email Address