Unique Property w/ Disc Course and Wedding Venue and Rentals

Asking Price$2,999,500

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$85,000
Included in asking price
FF&E$350,000
Included in asking price
Real Estate$2,500,000
Included in asking price
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Unique Property w/ Disc Course and Wedding Venue and Rentals


Asking Price$2,999,500

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$85,000
Included in asking price
FF&E$350,000
Included in asking price
Real Estate$2,500,000
Included in asking price

Seller Financing Available
Business Description
Newly Remodeled property was a very popular Supper Club with 18hole Course; now it's an open 9hole Course to-be.. with an existing18 hole Championship Disc Golf course, along with multiple rentals, including 2 AFrames, 2 Cabins, a 6 unit motel. and beautiful owner residence. The final phase of the main bldg remodel is the kitchen area, recently completed and is HUGE!..A cook's dream!. Bar serves frozen gourmet pizzas and appetizers, large selection of high end bourbons and liquors and beers along with a modern, state of the art, self-pour tap wall, using the IPour-it iPad technology on all 24 taps. 110 beautifully lanscaped acres with the winding Lemonweir river and multiple water hazards/ponds. There is also a large, older clubhouse and 30x50 maintenance shed; 16ft batwing mower, small JD tractor, all banquet hall equipment to seat up to 225 people. Ready to start booking Wedding Venue Events and Disc Golf Tournaments, plus Music Events in a centrally located, Western Wisconsin location, right off Interstate 90/94. Great workforce in place. A gold mine waiting to happen. Owners looking to retire soon but willing to aid in training and takeover. Lease option available. Gross income is only from active bar sales, and frozen pizzas. The wedding venues, (there are 2 seperate buildings) and rental properties have yet to be promoted, and have huge future income potential. Income Projections available.
About the Business
Years in Operation
4
Employees
8 (2 Full-time, 6 Part-time)
Facilities & Assets
Total assets are greater than asking price. Motivated sellers. Financial info is available but the property is not running to full potential/capacity so is really irrelevant, until weddings/events are started. Gross income is only generated from the bar, and frozen pizzas menu. The Kitchen and Wedding venue has just completed it's remodel and has generated no income, as of yet. Rentals are available to rent, but are not marketed yet on social booking platforms like AirBnB, or vrbo.com. Huge future income potential.
Website
https://www.holidaylodgeresort.com
Market Outlook / Competition
Only the bar and the rental units have been marketed locally, as the banquet hall and restaurant have not been fully opened and marketed yet. With the beautiful surrounding grounds, this venue has not even began its journey to become one of the most sought after wedding venue locations in western Wisconsin. The Upper 9 hole golf course area consists of approximately 55 acres and could be converted to a gorgeous horse farm. In 20mile Tomah area radius, there are only 3 other 225+ venues, and none of them are on scenic acreage property, in the country.
Opportunities for Growth
This property has HUGE POTENTIAL with the large number of acres in the total parcel.. 110acres. If a buyer is not interested in the full acreage and is just interested in the main Lodge building/venue for weddings, etc... the 4 acre tax parcel can be sold off for those interested in owning just the wedding/event venue & restaurant/bar business.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
15,200
About the Sale
Seller Motivation
Semi-retiring
Transition Support
Sellers can stay on and train for extended period.
Financing Options
Possibly yes.
Listing Info
ID
2256084
Listing Views
4587
Business Location

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Business Listed by: Michelle Radcliffe

Listing ID: 2256084 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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