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Businesses For Sale > Business For Sale in Ruidoso, New Mexico (NM)

Historic Lodge for sale in Ruidoso, NM

Ruidoso, New Mexico (NM)

Asking Price: Gross: Cash Flow:
$ 850,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
(included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
The Historic Noisy Water Lodge in the preferred Upper Canyon area of Ruidoso, NM is for sale by owner. Across the street from the Ruidoso river and surrounded by tall pines, the lodge sits on 1.2 acres, features eight rustic cabins and the only meeting hall in the Upper Canyon suitable for reunions or small weddings. There is a three bedroom owners living area and a spacious lobby.Ruidoso, with a temperate climate and a variety of year round activities is a favored tourist destination in NM. The Lodge has a solid 14 year rental history with the present owners and offers growth potential for the right buyer.

 

   
Year Business was Established: 1939
   
Number of Employees: 1FT/1PT  
   
Potential Growth/Expansion: There is room to build an additional cabin, and refurbish former units that are presently used for storage. A large lot next door has been for sale in the past but never sold.  
   
Competition: 10 other rental properties in the Upper Canyon. The property owners have formed the Upper Canyon Lodger's Association to promote the Upper Canyon.  
   
Owner willing to finance: No  
   
Owner willing to train: Yes  
   
Reason for selling: Owners ready to retire  
   
This business is Home Based.  
   
Seller Reference Number: bm1556111541
BusinessMart.com Listing Number: 162378
 

 

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For more info contact:

575-257-3881
Glenda Duncan

CONTACT SELLER

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