Old West Cow Town Bed-n-Breakfast and Restaurant

Crawford, NE (Dawes County)

High Plains Homestead - hotel/restaurant

Asking Price:$675,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1985

Old West Cow Town Bed-n-Breakfast and Restaurant

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Business Description

The High Plains Homestead is one of the Jewels of Nebraska Tourism

A Bed n Breakfast with charming, unique cabins , each with a different Old West theme providing guests with an authentic and fun experience that cannot be found anywhere else. Also acting as restaurant with a supper crowd of 25-60 people every night. This is a popular stop for those on a Black Hills vacation, with Mt. Rushmore a little over an hour away. This is also a fossil hunting hotspot, with guests coming from both coasts and overseas to hunt for fossils and study the Badlands geology. Out of State guests make up the majority of guests, nearly full occupancy spring through late fall. Recipients of many awards including;
Best of the Midwest Travel Award - 2016 by MidWest Living magazine
Nebraska Travel and Tourism Henry Fonda Award - 2009
10 best places to get a burger in Nebraska - Onlyinyourstate.com
Top 10 best places to eat in Nebraska - Lincoln Journal Star
This business has grown steadily, 10% or more every year since opening. The business goes with 40 acres, all buildings and improvements, and a vast collection of antiques that serve as decor. The Owners are selling due to age and health. They will stay on for the first season with the new owners to facilitate transition. Many, many expansion opportunities exist, and many untapped revenue streams available. Large annual repeat clientele base, and established website. Please visit http://www.lashleyland.com/land-for-sale/high-plains-homestead
to view entire write up, and a video of High Plains Homestead.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
6
Facilities:
40 acres of land, 16+ hand built log or timber buildings in excellent shape, countless antiques and furnishings, commercial kitchen equipment, and livestock such as bison, longhorns, donkeys and chickens.
Competition:
There is no comparable or competing business to this destination hotel and restaurant. It complements all the attractions nearby the Black Hills of South Dakota.
Growth & Expansion:
Great demand has been expressed for a meeting/reception hall for weddings and conference. Also, there is great demand for expansion of RV hook-up to create an RV park. Numerous catering opportunities are continually passed up on due to the age of the Owners. Even slight marketing to fossil and rock hounds could cause occupancy to surpass availability of rooms. Expanding the number of guest quarters would NOT result in vacancies, demand is great.
Financing:
Revenue, Cash Flow available to qualified, interested parties
Support & Training:
Owners will remain for the first season to aid in transition, help establish key relationships, and demonstrate niche marketing techniques that have driven growth of this unique tourist attraction
Reason for Selling:
The Owners need to retire due to age and health.
Business Website:
http://www.lashleyland.com/land-for-sale/high-plains-homestead

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Business Listed By:
Amy Johnston

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