Agriculture

Asking Price	$750,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	2

* included in the asking price

** not included in the asking price

If you are considering purchasing a business you must check out this unique opportunity in the Phillips area of Price County, WI! It is presently being operated as a profitable Fish Hatchery and non-acidic peat dirt sales operation. Seller estimates a total of approximately 200,000 yards of peat dirt remain on the premises. There is a beautiful 3 bedroom 2 bath home, built in 1994, with walk out basement and attached garage, all perched on a hill with terrific views of the ponds and surrounding scenery. There is also a 24 x 24 Fish Hatchery Shed, 8 x 10 Fish Food Shed, and another 30 x 38 stick built shed with a 20 lean to. This shed is wired (includes 220), insulated and has 11 side walls, and a concrete floor. The Fish Hatchery Shed and home each have separate drilled wells. The 23 spring fed ponds have never required a supplemental water supply even in the hottest, driest summers! The ponds water over-flow naturally flows toward the west to a creek that exits the property s southwest corner. This type of setting would now be difficult to create under today s DNR guidance. Even if approved, it would be very costly to duplicate. This exceptional property could continue with its present use or could easily be converted to a cranberry growing operation. Another option would be to remove the earth berms between the series of ponds and create two separate lakes. Yet another possibility would be to create the two lakes, add some cabins, and function as a resort. The property is also close to snowmobile trails and public hunting land. There is an inventory sheet which depicts the equipment included in the sale. There are three purchase options: (1) 34 +/- acres and all 23 ponds & peat dirt for $750,000. (2) 25 +/- acres, all 23 ponds & peat dirt (with easement access to that dirt which is located on a separate 9 +/- acres adjacent the 25 acres) for $650,000 (3) 16 +/- acres & 20 ponds for $400,000.

Facilities: Inventory Sheet available upon request

Financing: land contract available with $200,000 down @ 4% interest 4 year balloon

Support/Training: Seller will remain available for a period of one year after closing to assist new buyer in the Fish Hatchery Business.

Reason Selling: Relocation