Hospitality
Ottawa County, OH
Financial summary
Comparable pricing
513% above marketComparable Hospitality businesses sell at a median of 2.9x SDE, based on 247 listings. This one asks 17.7x, about 513% above that median. At the comparable median it would price ~$328K.Methodology refines over time.Comparable Hospitality businesses sell around $328K 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
Lakefront Hospitality Platform with Multiple Revenue Streams An exceptional opportunity to acquire a fully integrated hospitality platform in a high-demand Lake Erie coastal community. This unique offering combines a popular, community-driven brewpub and restaurant with a 24-unit lodging operation, creating multiple revenue streams within a single, synergistic property. Strategically located near marinas, boat docks, and a network of locally owned marine service providers, the asset benefits from strong seasonal tourism, repeat local traffic, and a steady flow of recreational visitors. The brewpub serves as both a destination gathering place and an on-site amenity for lodging guests, driving cross-utilization and enhancing overall customer spend. The lodging component offers a mix of short-term and extended-stay flexibility, providing consistent base income with compelling upside potential. While short-term rental conversion through platforms such as Airbnb and VRBO presents a clear opportunity to increase revenue, the current extended-stay model continues to provide dependable occupancy and cash flow, with the ability to cover core operating costs, including debt service. This is a turnkey operation with established infrastructure, brand presence, and operational continuity in place. The inclusion of real estate provides long-term investment security while positioning the asset for future growth and repositioning as a boutique lakefront destination. Ownership is pursuing a sale as part of a planned retirement, creating a unique opportunity for a new operator to step into an established, community-rooted business with immediate income and significant upside. The real estate is included in the sale and is listed and represented by Realty Professionals, a licensed Ohio real estate brokerage. The listing agent is a licensed real estate professional in the State of Ohio. Cooperation with qualified, licensed real estate brokers will be considered. Ideal for an entrepreneur, hospitality group, or investor seeking a scalable platform in a vibrant waterfront market, this opportunity also appeals to a lifestyle buyer looking to own and operate a destination business in a highly desirable recreational setting.
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