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These two CBRF’s located in Southeastern WI are extremely well run, have a sterling reputation in the community and are highly profitable. This is a great opportunity to access a top 10 market with two CBRF facilities. Each building has 20 beds/units that are full. The owners have enjoyed a near 100% occupancy since starting the business nearly a decade ago. The company does no traditional marketing and they have achieved such high occupancy and their reputation by caring for every resident as a family member. One facility has a Class C license and has residents with early to late stage dementia. The second facility, also with a Class C license, has a well-rounded mix of residents. Some of the key characteristics of this operation are • 2 facilities with 40 total beds • Class C licensing for both facilities • 100% occupancy • The first facility has 90% public pay & 10% private residents • The second facility has 75% private pay & 25% public pay residents • Both facilities fully updated with sprinkler systems, security cameras, outdoor patios and more • Package sale of both facilities • Significant opportunities for revenue growth and expense reduction • Cap rate of better than 9% with current expenses and NOI in excess of $500,000
Ashland County, WI
Senior Assisted Living Center located in Northwestern Wisconsin. Excellent opportunity to enter this fast growing market with relatively modest investment and opportunity to grow business in future.
This profitable dining and lodging establishment, located in a historic downtown district in Northeastern Wisconsin, has operated as a full service inn since 1986, yet the facility, built in 1884 and on the historic registry, has housed a pharmacy as well as a shoe store, a clothing store and more during its lifetime. The establishment employs approximately 30 - 40 people depending on the time of year, including the owners. In addition to the owners acting as managers, there are three long-time staff members who act as shift managers. Thus the owners are able to take vacation time and have days off even during the busiest times. Roughly 80% of the establishment’s volume is from the restaurant, which began operation in 1988. The restaurant dining room seats 58 people with additional seating for 14 in the bar. The bar is full service and the establishment has always had a license to sell beer, wine and spirits. The restaurant offers casual contemporary American food across all three of the meal services. It provides meals with both contemporary flair as well as some traditional offerings. This establishment also offers nine guestrooms, each with a bathroom, individual temperature control, television and telephone. There is also a common room for guests on the second floor. While each room is uniquely decorated, the rooms all have queen size beds, with the exception of one king bed. Two rooms have outdoor seating. There is a separate dining room on the first floor, adjacent to the front desk, for the exclusive use of overnight guests.
La Crosse County, WI
120 rooms, 2 stories, interior corridor, courtyard pool, hot tub, restaurant, banquet & conference facilities, outdoor deck and bar, private beach/dock, game room, business center, fitness room. Well maintained, recent renovations, strong cash flow and revenue.
Portage County, WI
80 rooms, 2 story, interior corridor, 2 BR living quarters, laundry, breakfast area, meeting room, great condition, well maintained, strong cash flow
Eagle River, WI
Beautiful lakeside 29-guestroom resort hotel for sale in the heart of Northwoods Wisconsin. Located on the largest chain of freshwater lakes in the country! Meeting room, theater room, stunning lakeside views, large dock for guest boats, and abundant parking for trailers, RV's, & boats. 3br/2ba living quarters on-site. Walking distance from two bar/restaurants, an ice cream shop, and convenience store/gas station. Shopping district, golf courses, mini-golf, boat launches, lakeside parks, and swimming beaches all nearby.
This property is well located in one of Wisconsin's friendly communities where living is enjoyable with all the outside sports available with each season. There is complete health care and education opportunities for the whole family, with a branch of the university.
Newer property built in 2007. Great upside potential. Excellent reflagging opportunity. Indoor heated pool, hot tub, fitness room, breakfast lounge, bar & lounge, free wifi, data ports in all rooms, electronic door locks, ADA rooms. Attached event space produces excellent revenue and great margins.
Walking through the covered front porch of this operational hotel is like stepping back in time. Built in 1912 by William Karsten Sr., a retired sea captain that made his fortune opening the Pabst Brewery in Kewaunee, this luxurious three story hotel complete with dining room and bar was luxury at its best. It is easy to see the hard work and love put into the renovations by past owners to maintain the elegance of the Victorian, early twentieth-century era. From the reconstructed 1912 reception desk, the fine Victorian decor, grand lobby, elegantly carved staircase, to the impressive historical Tap Bar with lovely stained glass around the original Karsten bar. Perfect venue for an elegant affair in the glorious, wood-floored ballroom/dining room. After renovations, this vintage hotel now boast 23 jazzed up rooms with modern conveniences, while still maintaining the nostalgia of this historic hotel. The Karsten Inn is also infamously known to be haunted by 3 spirits, Mr. Karsten himself, his 5 year old grandson Billy and a housekeeper named Agatha who its said was madly in love with Mr. Karsten. Now is your chance to own a piece of history. News stories featuring the hotel: • WBAY, click here. • WBAY Followup story, click here. • NBC26, click here. • WFRV, click here.
The Chain of Lakes Motel is an attractive, family-owned motel providing hospitable service with a reputation of clean, charming and pleasant rooms. Amenities Include: wireless internet, chibardun cable TV with NFL channel, refrigerator, microwave, air conditioning and free local calls. There is an assortment of King Bed and Queen Bed Rooms. The owners’ suite features a large eat-in kitchen, living room, full bath and large bedroom.
Mount Horeb, WI
he Village Inn has been family-owned and operated for over 65 years with 11 single-story rooms at reasonable rates. Close to the hotel you will enjoy golfing, bowling, shopping for antiques, fine art, ceramics, and hand-crafted jewelry or visit our historical museum. Eat/drink at our local restaurants, cafes, winery and brew pub. 24 hour exercise facilities. Area attractions within 5 miles of the property are Botham Vineyards and Winery, Cave of the Mounds and Tyrol Ski Basin. You can go hiking in Stewart Park, Brigham Park and Blue Mounds State Park. You can bike the Military Ridge Trial in our backyard connected to Madison and Dodgeville. American Players Theatre in Spring Green, House on the Rock in Dodgeville, and Overture and Kohl Center events in Madison are within 20-25 miles.
This is the gem of the Chetek Chain of Lakes. Shady Grove Resort has been in operation on Prairie Lake since 1917 under the name Stancl’s Resort and became Shady Grove in 1991. The current owners have done everything possible to make their resort the premier resort destination in Chetek.
This is a world class property. Woodlands at Tagalong offers the best of everything…….4,800 SF full walkout restaurant with pro shop, Pump House Waterfront Pub, frontage on Red Cedar Lake,16 floating docks, and so much more. The sellers have invested over $200K in improvements to the property/kitchen, etc. to make this a first class operation. The demand for weddings, banquets and corporate outings' is unlike any other property. This one is exceptional.
Three Lakes, WI
Your chance of a lifetime to own this beautiful lakefront resort on the worlds largest chain of lakes! Immaculately maintained 6 cabins + lodge on Big Stone Lake has 233' lake frontage & sand beach. Cabins have screened porches & sleep 5-8. Generate stable income from guests who return yearly to enjoy this idyllic location. Hike in 650,000 acre Nicolet National Forest, swim, boat, fish for musky, walleye & northern, hit the links at the golf course, water & snow ski or hunt for trophy deer. Its all here!
Family friendly park in a great location for outdoor lovers! This popular area offers hiking, biking, fishing, boating, and so much more! Pretty park on +/ -15 acres with 100 sites. Large 2-story main building with spacious 2-bedroom, 2-bath owners apartment with vaulted ceilings and stone fireplace. Separate bathhouse; multiple storage buildings. LOTS of activities to keep the families entertained – jumping pillow, mini-golf, heated swimming pool, sand volleyball, basketball, pedal cart rentals, large playground, tubing, and much more! 2013 Gross Income $202,569. Sales Price $840,000 with $200,000 downpayment. For more information contact Melinda with Darrell Hess & Associates, Brokers www.campgroundsforsale.com firstname.lastname@example.org 828-452-1535
Sturgeon Bay, WI
Mike's Port Pub & Grill and Innlet Motel 1,700-sq ft restaurant and 4,700-sq ft motel situated on approximately 2 acres in beautiful Door County. Great location across the street from Lake Michigan and minutes away from popular area parks and beaches. Competition is minimal with only a couple of other restaurants in the area. Open all year, this profitable restaurant and motel operation has proven to be a popular destination during the Door County tourist season but also sees ample local business during the off season. Owner’s quarters and apartment also on the property. Great turnkey opportunity!
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