Mac’s Twin Bay Resort: Strong cash flow with flexible owner's schedule!
MNRS #1960447

Strong cash flow with flexible owner’s schedule!!

Mac’s Twin Bay Resort is a profitable, well-established fishing resort with the opportunity for Owners to have free time during the summer months! This resort generates revenue year-round, yet only requires a heavy workload during the short Winter fishing season. Summers produce income as well, but with considerably less owner involvement. Own and operate a successful, prestigious fishing Resort on Mille Lacs Lake and still have plenty of free time in the summers! Strong cash flow, loyal customers providing repeat business year after year, a solid crew in place, and quality equipment make this Resort very much “turn-key”.

    Revenue streams:

    1. 30 Winter fish house rentals
    2. Fish House Park with 55 licensed sites
    3. Fish house storage for 175 units
    4. 4 RV sites
    5. 50 slip Marina with gas & private boat launch
    6. Bar/Restaurant

      1. Under long-term renewable lease
      2. Resort owner receives monthly lease payment with no obligation to participate in the operation
      3. Bar staff doubles as front desk for customer payments/communication.

      Amenities and Assets:

        1. 30 rental fish houses
        2. 15 trucks

          1. 7 plow blades
          2. Snowblower attachment
          3. 2 V-plows

        3. Ranger 900 UTV with tracks & 6’ snowblower
        4. 1,000 gallon propane filling tank
        5. 400 – 100# propane tanks
        6. 4 generators
        7. Gas ice augers, fish house jacks, and thousands of dollars’ worth of tools and other miscellaneous items required to operate the Resort.
        8. 34’ X 52’ heated year-round shop
        9. 40’ X 60’ heated shop with water, sewer, & electricity built in 2007
        10. Two shower facilities on property

          1. In Bar/Restaurant building
          2. In 34’X52’ shop

          Additional Advantages:

            1. Only 90 minutes North of the Twin Cities
            2. 870’ +/- pristine lakeshore on legendary Mille Lacs Lake
            3. No cabin maintenance (no cleaning, fixing, maintenance, appliance repair, or furniture to deal with as would be the case in a cabin-style resort)
            4. Extremely competitive rates could likely be increased without losing customers
            5. Removal of some older buildings would create more land for expansion.

            Our office can provide an extensive portfolio with detailed information and financials once an NDA has been signed.

            SALE PRICE: $1,770,000

            **Information Herein Deemed Reliable But Not Guaranteed.**
            **Subject to Change at Any Time.**

            Joan Petersen

            Joan Petersen
            Central Minnesota Commercial Agent
            Aitkin, MN