Waterfront Lodge

Location:

Nestled among the lakes and rivers on the northern edge of Lake Manitoba in the Narrows between two major bodies of water.



Details:

• Building Area: 14,000 sf

• Land Area: 7.95 acres

• Asking Price: $ 1,850,000



Features:

• Built in 2003 for close to $2,500,000

• Replacement cost estimated at $3,000,000

• Fully furnished and equipped turnkey operation

• Current equipment list, chattels and financials will be available on receipt of signed confidentiality agreement



Comments:

• Purchasers are encouraged to act quickly to capture best high-volume months, spring and summer

• First time sale offering; Vendor will focus full attention on community development that benefits the lodge operation. Vendor lives in the community and will offer assistance in the transition to the Purchaser.

• The Lodge is the only location in the community and for miles around that offers a variety of commercial outlets owned and operated by the purchaser



Business Opportunity Offers Multi-Income Profit Centres:

Lodge accommodation
Convenience store
VLT machines
Beer vendor
127 seat lounge
170 seat restaurant
Liquor bottle store
Bait sales
Boat slips
Sports licenses




The Lodge: The Vision

The Lake Manitoba Narrows Lodge has been a family operation for the past one hundred years, developed by generations of the Olafson family. The new direction is to increase the size of the permanent population of the Narrows by selling house lots. Early phases of development have sold out to purchasers from Western Canada with potential for hundreds of more sites. Because the demand on the Vendor to develop infrastructure and more home sites requires their full attention, they have decided to sell the lodge together with 7.95 acres with water rights and all other business amenities. The proceeds of the sale will be pledged to fund further development of the community at large, thus enhancing future business opportunities of the lodge and the related business.

Part of the vision of the Vendors is a new 18 hole golf course, well advanced in development, scheduled to open in late 2013. Golf course is 1 km from the lodge development, designed by David Grant. Numerous other attractions, including sport and recreational activities, are also offered.

One novel development is a sixty acre residential site with man-made channels for boat traffic allowing private docks and the boat protection attached to the private property. This will be a great success with two to five acre lots available.

The 14,000 sf lodge was opened in 2003, which besides 6 hotel rooms - some with spa features - it includes all other amenities a community requires. They are currently exclusive in the area servicing residents, neighbors, tourists and visitors. The lodge purchaser will own and operate multi-businesses and will see growth as the community expands under the mandate of the Vendor.

The Lodge has wireless internet, numerous flat-screen televisions throughout the public spaces and satellite TV. Another positive feature is the HVAC provided by a modern geothermal system capitalizing on location and the adjacent lake water. A professionally equipped kitchen satisfies the need to provide varied meals to crowds of hungry folks. In essence the only place to shop has to be an enviable position in the business world.



The Great Outdoors

Wilderness and wildlife abounds at the Narrows. Unlimited vistas and scenic views to please everyone. Top fishing spot in Manitoba ideal for the master trophy fish, with every cast of a line or drop of a hook. Follow the seasons at the Narrows with multi-pointed antlers. Ducks and geese galore, filling the sky heading south. Not far away hunt black bear country until you bring one home. The Narrows can provide dreams for the rest of the year, until you return for more of the best of what we can offer. Remarkable country for shooting photos, from sunrises to sunsets, star shows and spectacular displays of northern lights. The absence of background light results in exceptionally clear, prize-winning memories of time spent at The Narrows.




Directions and Location

Drive north of Winnipeg on Highway #6, turn west on Highway #68 and arrive at the Lodge on paved roads. Total drive time is two hours with service and food outlets enroute. Highway #68 was recently re-paved, including the bridge, making it ideal to bring guests or deliveries to the lodge. A full-service hospital is located 20 minutes away by highway. Dauphin is an hour west.