11.62% Cap Rate | Legacy BWCA Outfitting and Lodging Business For Sale

Ely, MN
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Asking Price:$3,870,000
BUSINESS DESCRIPTION

SVN | Northco is pleased to present Williams and Hall Outfitters ("Property"), a premier Boundary Waters Canoe Area Wilderness Outfitter in Ely, Minnesota located on 500 feet of Moose Lake shoreline. The Property is a well-known outfitting service that specializes in providing equipment, services, and expertise for those venturing into the Boundary Waters Canoe Area Wilderness (BWCAW) and the Quetico Provincial Park, which is just across the border in Ontario, Canada. The business has been on the shores of Moose Lake for approximately 60 years and consists of a great lodge, full-service dining room, retail store equipped with ultra-lightweight canoes, and camping equipment and food for each trip. The resort is seasonal and runs from mid-May to early October each year. When planning a trip to the Boundary Waters Canoe Area Wilderness or Quetico Provincial Park, an outfitter like Williams and Hall can be a valuable resource, providing you with the necessary equipment, knowledge, and support to make your adventure safe and enjoyable.

Sale Highlights:
- Business/Operations (11.62% Cap Rate) / 5 Bed and 3 Bath Home / ±2.14 AC of Development Land
- Notable outfitting and lodging business in an adventure seeker's paradise
- Located in the premier wilderness vacation area on 3.45 acres in Ely, MN on 500 feet of beautiful Moose Lake Shoreline with lodging accommodations up to 109 individuals
- Specializes in providing equipment, services, and expertise for those venturing into the Boundary Waters Canoe Area Wilderness (BWCAW) and Quetico Provincial Park


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Ely, MN
Inventory
Not Included in asking price
Real Estate
Owned
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Frank
Jermusek
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Frank Jermusek