Restaurant, Bar, Event Center & Campground
$1,975,000
Gross Revenue: $905,545
Cash Flow: $177,129
Furniture, Fixtures & Equipment: $250,000, included in asking price
Inventory: $25,000 estimate, not included in asking price
Eastbay Lodge is a premier lakefront property that offers a rare opportunity to own a successful and well-established business in the heart of Lake Holcombe.
In addition to a fully renovated restaurant and bar, the property features a state-of-the-art kitchen, an event center, a campground, and stunning views of Lake Holcombe that welcomes locals and visitors alike year-round.
The bar has a stunning floor to ceiling field stone fireplace and waterfront views.
Outdoors is a tiki bar with mini kitchen, volleyball court, bean bag area, two large decks, and patios all overlooking the lake.
The banquet hall is a versatile space that can host up to 300 guests for weddings, parties, and other special events. The space has a separate entrance, dressing suites, parking lot, and restrooms separate from the restaurant and bar. The banquet area features a full bar, catering kitchen, separate walk-in cooler, stage, dance floor, privacy options and a sound system.
Alongside the restaurant, bar, and banquet hall, the campground is another source of revenue for Eastbay Lodge. The campground consists of 38 campsites (all currently sold out), offering water and electric hookups, a playground, and lake access. Open May – October, the campground attracts campers who enjoy the natural beauty and recreational activities in the area.
Square Feet: 11,640
Capacity: 300 in the restaurant and banquet hall, 100 in the bar
Real Estate: 7.5 acres
Parking: Lot with 53 spaces