Reindeer Ranch Business + Property

Asking Price$1,475,000

Cash Flow
$348,650
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$474,556

Inventory$255,000
Included in asking price
FF&E$29,104
Included in asking price
Real Estate$940,000
Included in asking price
Pedal Car Track
Overall Property
Available Acreage at top of the photo
Single Family Home on Property
Christmas Shop
24 Alaskan Reindeer
Pedal Car Track
Overall Property
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Reindeer Ranch Business + Property


Asking Price$1,475,000

Cash Flow
$348,650
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$474,556

Inventory$255,000
Included in asking price
FF&E$29,104
Included in asking price
Real Estate$940,000
Included in asking price
Business Description
Welcome to Hardy's Reindeer Ranch where the North Pole meets the Wild (Mid) West. This is an extraordinary investment opportunity to own and operate one of Central Illinois' most beloved tourist attractions and banquet centers. Nestled on 10.5 acres, just north of the University of Illinois in the Village of Rantoul, this property hosts over 60,000 visitors annually who come to experience the Christmas magic and fun activities the Reindeer Ranch has to offer. This property includes a 130 seat fully equipped (3,456 sf) banquet hall with service kitchen, custom built (1,987 sf) timber frame gift shop, Amish built (2,240 sf) livestock barn/shed/workshop, (1,171 sf) pole barn, fenced pasture, parking and corn maze. The 3-bedroom (2,200 sf) farmhouse with attached garage was built from reclaimed hardwood and features an open concept and oversized 2 car garage. Sale includes land, buildings, all equipment, tools, tractors, reindeer herd and all inventory, as well as proprietary information including vendors, motorcoach tour accounts, website and social media accounts. For the past 30 years Hardy's Reindeer Ranch has been a seasonal destination for visitors and Motorcoach tours from near and far. The Ranch offers fall and holiday experiences for the whole family including an up close "kiss" and introduction to the herd of 23 real Alaskan reindeer, adjacent 10-acre Corn Maze, pumpkins, hayrides, Christmas trees, pedal race carts, and paintball gallery. Guests gather and warm up around the potbellied stove in the gift shop and stay for lunch at the Klondike cafe. Throughout the year, the farm hosts a variety of group entertainment packages and private events, including family reunions, school groups, weddings and company retreats. This property lies within 2 miles from the I-57 corridor, 2 hours from the city of Chicago, minutes from Rantoul sports complex and Air Base, and within 25 minutes of the University of Illinois's main Campus. This outstanding agritourism opportunity provides the infrastructure and potential to step right in to a well-established business model or bring your agricultural venture or vision to life. ***Sellers are in the process of re-platting and rezoning the parcel that the business operates on, this listing replaces a previous listing for a larger parcel of land+business+business property. Adjacent corn maze acreage is available for lease with property purchase.
About the Business
Years in Operation
31
Employees
15 (2 Full-time, 13 Part-time)
Franchise
This business is an established franchise
Facilities & Assets
This property is currently being rezoned and replatted to include the property that the business is operated on and not additional acreage to the north as previously listed.
Website
https://heyzine.com/flip-book/376c346ce3.html
Market Outlook / Competition
Central Illinois' most beloved fall and winter attraction! https://buildout.com/website/reindeerranch for additional information
Opportunities for Growth
Local, regional, and state tourism promote the Reindeer Ranch, additional income could be generated by more tours, school trips, social media promotion. Areas of the Ranch could also be used as a tree farms, skating rink, winery, trails, farming, orchard, or similar.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
11,054
About the Sale
Seller Motivation
Owners are retiring
Transition Support
Owners willing to train new buyers, and assist with reindeer care and transition. Terms to be presented in an offer and negotiated as part of the final sales contract. Multiple employees have agreed to stay on board through the sale. Due to the seasonal nature of this business and property, owners would like to sell and train during the season if possible.
Financing Options
Conventional Financing Preferred, SBA, USDA
Listing Info
ID
2298420
Listing Views
6969
Business Location

Contact Seller

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Business Listed by: Leah Erickson

Listing ID: 2298420 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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