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Ottawa County, Ohio
Lakefront Hospitality Platform with Multiple Revenue Streams
Asking Price
$2,010,000
Revenue
Call/Email
Down
$2,010,000
Cash Flow
Call/Email
Name: Vince Liuzzi
Name
Vince Liuzzi
Description
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.
Growth & Expansion Opportunities
This asset is well-positioned for a new owner to unlock additional value through operational optimization and strategic repositioning, while benefiting from a stable existing foundation.
Short-Term Rental Optimization
The lodging component presents a clear opportunity to transition toward a dynamic short-term rental (STR) model, including Airbnb and VRBO. This shift can increase average daily rates and overall revenue, particularly during peak lakefront seasons.
Stable Base Income
Even under its current extended-stay model, the lodging operation maintains consistent occupancy and reliable cash flow, providing a strong baseline that supports ongoing operating expenses and debt service. This creates a lower-risk entry point for buyers while they implement growth strategies.
Liquor License Expansion Opportunity
There is potential to pursue a 12-month liquor license versus the current seasonal structure, which could significantly enhance year-round revenue, extend operating consistency, and improve overall business valuation. This represents a meaningful operational lever for a new owner.
Integrated Guest Experience & Events
Expanded programming, including live music, private events, and bundled lodging packages, can further position the property as a destination experience and drive incremental revenue.
Brand & Market Expansion
Enhanced digital marketing, regional targeting, and brand development can increase visibility and attract a broader customer base beyond the immediate local market.
https://tworld.com/locations/Ohio/clevelandmetro/listings/Lakefront-Hospitality-Platform-with-Multiple-Revenue-Streams
Business Details
Employees:
21
FE&E:
$160,945
Reason for sale:
Retirement
Other Information
Listing Number:
022822-553369
Sales:
$496,063
Seller's Discretionary Earnings:
$113,427
Posting Information
Posting ID:
ID tw:89824 / Listing Number 022822-553369
Business Category:
Real Property Rltd, Liquor Related Biz, Restaurants
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Lakefront Hospitality Platform with Multiple Revenue Streams
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*89824
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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