One of a kind Resort Business For Sale
This is a rare opportunity to be the boss of your own business. You run the show while taking care of your customers and managing the 13 on site vacation homes & 3 off property private home rentals all located on Little Saint Germain Lake & all within the confines of the Estrold Resort, all the while living the northwoods life style.
Caution, this is a lifestyle business, read on only if you seek the peace and tranquility that only the northwoods can offer.
Please email us at: email@example.com for more info, or call the resort office - 715-525-9008
Imagine working from your home where your commute consists of walking from the living room to the resort office in the next room and the view out your office window consists of mature trees swaying in the wind, wildlife roaming though your yard, soaring eagles, and the pristine shores of Little Saint Germain Lake!
Listing Price: $719,000
Located in St. Germain, Wisconsin, this north woods lakefront resort is on very well cared for grounds, plus includes a well managed resort management & private property management business. Near by many State forests, 2500 area lakes, and 4 seasons of recreation are the life style of the north. Offered for sale are: a 4BR main home, 2 rental cabins, and the equipment, inventory, and customer list to manage all 13 rental cabins on site. (3 off property rental management options available as well)
The Estrold Resort has been around for generations, since 1945. In 1994, the resort established itself as a condominium association to facilitate private ownership of the cabins. The current rental managers/sellers have lived on site for 5 years and loved every minute of their experience and helped revitalize this resort with some great grounds improvements and also business improvements such as bringing back resort activities for guests, adding amenities and new website and many cabin improvements and much more. This is a must see if you are considering purchasing a resort or property management business. Enjoy the security and stability of this income producing resort/management business. This huge home and resort management business is ready for new owners at the turn of a key. Excellent income producing cabin and equipment rental business has been well established and nurtured.
The offering includes units #8, #9, #10 of Coxs Estrold Resort Condominiums and the property management business consisting of 13 vacation rental units. Additionally manage 3 off property rental units within a few miles of resort grounds, & small plowing business clientele.
The business has consistently provided an annual net income (EBITDA) of $85,000 - $95,000.
Included in the offering are:
Furnishings and fixtures for the rental unit #8 - The Marsh Cabin
Furnishings and fixtures for the rental unit #9 - The Sno-drift Cabin
10 rental outboard motors, and other boat rental supplies
1996 Sunbird 170F/S fiberglass fish ski boat with 112hp motor
2001 Yamaha Viper SX snowmobile
1996 Polaris Triumph snowmobile
24' Parti-Kraft pontoon boat (with 50 hp Yamaha outboard motor)
18’ Bass Buggy pontoon boat (with 50 hp Yamaha outboard motor)
Other resort supplies including: boat chairs, life jackets, cleaning supplies, etc.
Customer list and rental history
On-going operation of the property management/resort business
- Resort office supplies, office equipment, website, wi-fi router, and resort apparel
-2010 F150 4 Door Crew Cab with hydraulic plow & Resort 3/4 advertising wrap.
Condo Unit #9 - Manager's residence including office: The owner's home includes: 2800 (apx) square feet of living space, 4 large bedrooms, 2.5 baths, a huge beamed ceiling living room with brick fireplace, a banquet sized dining room, an open concept kitchen with snack bar and stainless steel appliances, a cozy and bright sun room, and an expansive office. An outside wood deck wraps almost 3 entire sides of this house. Attached to the home is a 2 car garage. Adjacent to the home is a large storage shed along with a drive-in workshop.
Condo Unit #8 - Rental unit, the Sno-drift cabin: 3 bedrooms, 1 bath, living room/dining room combo, kitchen. 1200 square feet of living space. Recently remodeled in 2015.
Condo Unit #10 - Rental unit, the Marsh cabin: 1 bedroom, 3/4 bath, living room/dining room/kitchen combo. 385 square feet of living space. As part of the part of the same building, attached to the Marsh rental unit is a workshop, a drive in garage stall, and a lean-to storage shed adding 440, 264, and 264 square feet respectively.
More details are available for interested buyers. Or even if you just have a question, please email us at: firstname.lastname@example.org
The condo grounds cover 3.9 acres and when you add the 3 adjacent privately owned lots which include the Bayview, Maple, Tamarack, and Spruce cabins, the entire resort covers appx 7.5 acres. Most of the grounds are wooded with some of the cabins situated along the lake and some set back a short distance from the lake shore. The grounds include a storage shed by the lake for rental items like outboard motors, row boat supplies, and fishing gear.
You also would run the game room which consists of a ping-pong tables, a pool table, bumper pool table, movie projector & screen, and a foos-ball table. A fish cleaning shack is located adjacent to the game room, which is usually busy with guests cleaning their catch. A well maintained tennis court is on the grounds as well, along with a badminton area, tetherball, horse shoe pit, shuffle board, swing set, and nice sandy beach.
Also options to add on to resort business purchase, currently options to purchase the following cabins are available: Popple & Pine.
Please email us at: email@example.com with your questions. Thank you.