Hospitality
MI
Financial summary
Comparable pricing
299% above marketComparable Hospitality businesses sell at a median of 2.9x SDE, based on 247 listings. This one asks 11.5x, about 299% above that median. At the comparable median it would price ~$501K.Methodology refines over time.Comparable Hospitality businesses sell around $501K vs this $2.0M ask.
Methodology refines over time.
SBA financeability
Businesses in accommodation are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Accommodation benchmarks
Typical SBA leverage
76%
Industry charge-off
0.2%
Common term
25 yr
Median loan
$2,010,000
Active lenders in this category: GBank, Readycap Lending, LLC, Peoples Bank.
Based on 6,430 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
This Lodge, established in 2006, features 16 hotel rooms and a full-service restaurant and bar, offering guests and visitors a complete hospitality experience. The Lodge also hosts events for anywhere from 40 to 180 people. The Lodge enjoys a loyal and diverse customer base that evolves naturally with the seasons. Summer months draw local residents and regional visitors seeking waterfront recreation, dining, and relaxation. As the seasons transition into fall and winter, the property becomes a destination for a dedicated base of repeat customers who travel from across the Midwest to take advantage of the region's world-class hunting, snowmobiling, and winter recreation. The Lodge spans 18,000 square feet on almost six acres of land. At this time, the owner is seeking to sell the Business in order to pursue retirement. Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency. You will be sent a link to our online NDA. Once we receive your NDA, the Confidential Information Memorandum (CIM) will be sent to you from the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!
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