Description:
How would you like to have your American dollar work for you!!! We are located 11 hours north of Minneapolis in a small tourist town called Red Lake. We are in Ontario! We own a bed and breakfast and it can be run as is or just be used as your own summer/winter getaway. Red Lake is a world class fishing retreat for the American Fisherman, world re-known for the big lake trout and the lake is infested with Walleye. Just ask around and one of your friends should of heard about the lake and how it produces. A lot of the clientele which stay at our Bed and Breakfast are from Minneapolis. Our clientele are mainly American fisherman throughout the summer and snowmobilers in the winter. The living quarters are beautiful and new and the bed and breakfast is brand new. We just finished 21,000 dollars in renovations and no money would have to be re-invested into the bed and breakfast for around 10 years. Generates a good cash flow with a lot of opportunity to expand.
Red Lake is a world class fishing destination with sound economic infrastructure as there are two full blown gold mine's (one of them is the richest in the world,) government and forestry operations also. We are also considered to be the Gateway into the Woodland Caribou Park. If I could recommend one area of opportunity it would be marketing canoeing packages through the B and B. There is only one person doing it at the present time.
You can check out our website for more information: Please keep in mind that the pictures of the interior of the Bed and Breakfast and the living quarters are pre-renovations. We have a beautiful wood stove upstairs now and all of the carpet, beds, walls, paint, flooring etc. are new. There is also roughly 50,000 dollars worth of chattels included with the bed and breakfast. The pictures do not do it justice, (you would have to see it to appreciate it) We have dropped our ask price from 185,000 dollars US to 168,500 dollars US Make us an offer and you may be surprised.
Hope to hear from you in the future and good luck with your endeavors.
