40994 NW Pennsylvania Ave
Big Bear Lake, CA 92315

PROPERTY IMPROVEMENTS Many improvements have been made to the property, including resurfacing the parking lot, textured epoxy paints applied to walkways, a new 180-gallon domestic hot water storage tank and heat exchanger installed,. There is also the potential to add one additional room by remodeling the office and lobby and converting the excess space back into a rentable room. INVESTING SUMMARY The Honey Bear Lake is a proven tourist market. The included Pro Forma analysis assumes an investor will continue following the current owner’s revenue growth by increased sales through timely promotional ideas addressing the daily tourist traffic by adjusting room rates accordingly, thus maintaining occupancy levels higher. There is also a potential source of revenue by commercializing the existing laundry facility to provide laundry services to the surrounding hotels and cabins by utilizing the current machines and having dedicated operators maintaining regular business hours. The hotel currently manages rental income for five nearby cabins and keeps 35% of that revenue. There is potential to expand that portion of the business.