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HIDDEN RIVER RESORT, INC.

POSTCARD PICTURE PERFECT

Hidden River Resort, Inc. Image 1

INCOME PRODUCING PROPERTY
IN THE BEAUTIFUL
LAKE PANASOFFKEE, FLORIDA

2 acres m.o.l, Cypress treed lot, containing a popular full liquor bar and restaurant, RV park with (14) full hook up lots, (always rented), (1) company owned mobile home, and (1) “park model RV”, (1) 4-room motel, (1) 2-story apartment house, Tiki bar, camp grounds, boat docks, (1) 1-room house and more, next to public park and dam, near 1-75. A virtual piece of paradise, established since 1950.

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Hidden River Resort is located in Sumter County, 2 acres m.o.l. on a wooded, riverfront property at 4666 CR 300, Lake Panasoffkee, Florida 33538. For geographic, demographics and other city wide information. click here.
Located next door to a public park ,dam, with 200’ frontage on Country Road and rear 200’ and on the beautiful Withlacoochee River, having excellent fresh water fishing, boating and woodlands, offering a premiere spot for camping, RV & mobile home parking, a very popular bar/restaurant, hotel and other natural income producing facilities. Away from the big cities hustle and bustle, but near to 1-75 taking you north and south to major Florida cities.

THE INCOME OF BUSINESSES ON PROPERTY

THE RESTAURANT AND LIQUOR LOUNGE

This local area’s favorite bar, with a fully equipped kitchen has a 6-cop liquor license, allowing smoking inside as long as food service dos not exceed 10% of sales.

Licensed for 60 seats, with a separate game room, with table, seating, pool tables, dart, video games and features a large fireplace.

A large bar with huge assortment of liquors, beer (bottled and taps) full kitchen behind bar, with stove, oven, grill, large hood system, fryer, slicer, prep tables, large walk-in cooler, freezer, storage room, cookware, supplies, beer coolers and much more.

The bar area is busy all day with friendly locals and fishermen spreading their fishing tales to one another.

The back part of the bar/restaurant is the entertainment room, where live bands play on weekends, when customers use our dance floor, sit and dine on tables, or go out rear sliding glass doors to appreciate the park’s natural beauty.

The bar building was built in 1950, is 3360 sq. Ft. and the décor, fixtures and furnishings, have been mostly updated, newly painted and a new roof added.

The Seller, due to the no smoking laws, has kept his menu down to a minimum so as not to exceed the 10% of sales, to maintain smokers in the bar.

With all the kitchen equipment, the menu can be enlarged to include full lunches and dinner entrees, when smokers can use the huge outdoor facilities.

MOTEL AND APARTMENT BUILDING

The motel has 4 furnished motel rooms, in a 960 sq. ft. building, that average 75% full year around, at rates of $40 per night / $160 per week each. Sits next to the apartment building right off CR 300. The apartment building has 2 stories with the 2nd floor a complete 1-bedroom furnished apartment. Currently used by the resort manager. The first floor needs refurbishing and currently used as storage space.

RV & MOBILE HOME PARK

Built on this property is an Rv and mobile home park, with 14 full hook up spaces, having cable, power and septic. Spaces are rented at $300 per month and are always occupied. On one of the spaces is a corporate owned “Park Model” RV, and (1) 24”x 60’ mobile home that are rented on an annual basis.

The area is served by a gravel U shaped road, that runs around the front bar, motel, apartment – it all backs to a beautiful river, surrounded by Cypress trees and sod. A canal running on the property has boat docks for small boats.

SATELLITE MAP OF PROPERTY

CAMPSITE – TIKI BAR – BAIT HOUSE

Campers set up tents on a cleared grass area on lot, with beautiful river view and open camp fire pit. There is a Tiki hut with tables and TV, used by campers and locals alike. Also, along the canal is a 100 sq. ft. bait house that has been converted to a one room apartment and is leased at $75 per week. There are boat docks, leased and used by our own customers.

In total, this beautiful country resort is full of popular income producing opportunities. This is a wonderful place to own and earn good income. The property value is rapidly appreciating. Business is always increasing. Resort manager is available to stay with new owner.

Seller who has other business investments, must sell off this property to conduct other commitments.

HIDDEN RIVER RESORT, INC.
FOR SALE BY OWNER:
Darrell L. Helms
4666 Cr. 300
Panasoffkee, Florida 33538
Cell: 352-792-4381
Business: 352-569-9306

Complete sale price, everything included	$1,600,000
Purchaser may buy with $900,000 down and take over transferable mortgage of $700,000 Call now!!

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