California High Sierra Resort $1,950,000

CALIFORNIA HIGH SIERRA RESORT Located near Lake Tahoe, this is a classic mountain lodge set on 12.4 acres at the edge of an alpine lake surrounded by tall pines and high peaks. At an elevation of 7,300’ with over ¼ mile of lake frontage and accommodations for 100 overnight guests, this lodge offers both serenity and spectacular views. The resort has been family operated for the past 80 years, enjoys a wonderful reputation and extremely high occupancy rates. FACILITIES: 19 housekeeping cottages, 8 bed and breakfast rooms, a gourmet restaurant with seating for 60, art gallery, general store and gift shop, private beach with boat rentals. This well established, turnkey business offers a rewarding lifestyle to the owners and a high gross/net income that increases yearly. Perfect opportunity for a young family to own and operate a classy mountain resort. Only 2 hours from Reno and Sacramento. Priced at $1,950,000. More info at: californiaresortforsale Contact resort@directcon.net FACILITIES: 19 housekeeping cottages, 8 bed and breakfast rooms, gourmet restaurant with indoor and outdoor seating for 60, fine art gallery, general store and gift shop, laundromat, rental boat marina and swimming beach. CLIENTELE: The resort caters to families and couples with 41% of the guests having stayed at the resort for 10 years or more. ACTIVITIES: Hiking, swimming, wildflower viewing, relaxing with a book, fly fishing as well as lake fishing, canoeing, kayaking and motor boat rentals. EVENTS: The resort hosts weddings, special events, mini-concerts, artist demonstrations, various workshops and other events
Sale price: $1,950,000 ..........................................................................................
2008 Gross Revenue: $730,000 ..........................................................................
2008 Net Revenue: $268,500 ..............................................................................