Richards Of Dunbar
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Summary
Property
- Type
- Commercial Land
- Road Frontage
- State Highway
- Road Surface
- Pavement
Approximate Distances
90 Mi | to Green Bay |
206 Mi | to Milwaukee |
18 Mi | to Iron Mountain, MI |
292 Mi | to Chicago, IL |
117 Mi | to Appleton |
Utilities
Electric: | Onsite |
Propane: | Onsite |
Sewer: | Onsite |
Water: | Onsite |
Internet: | Onsite |
Housing
Guest
Description
Are you looking for a lucrative business venture in Northern Wisconsin? Look no further! We are excited to present Richards of Dunbar—a profitable restaurant and motel conveniently located on the Marinette County UTV and snowmobile trails. This unique location has offered a perfect blend of adventure, relaxation, and excellent food for decades and is being sold completely turnkey. Here are some compelling reasons why this business opportunity stands out:
This is a turnkey opportunity. Everything needed to successfully run the business is included in the sale. The current owner has also agreed to stay on staff for a finite time, if desired, to get the new owner up to speed on day-to-day operations. This would be an excellent opportunity for an entrepreneurial family to step into a well-established business.
Prime Location: Situated in the heart of Northern Wisconsin, Richards of Dunbar is strategically and uniquely positioned on the heavily used Marinette County UTV and snowmobile trail. The area attracts outdoor enthusiasts and adventure seekers throughout the year and provides a consistent flow of customers. Hwy. 8 is a major east-west corridor for accessibility to northern Wisconsin locations in all seasons and offers as much or more of a consistent customer base as the UTV and snowmobile trail.
Established Reputation: Richards has been a staple in this area for decades with a solid customer base. On any given Friday and Saturday night, the restaurant lot is full and the motel is completely booked. The new owner inherits an established positive reputation and a loyal customer base. This reduces the initial challenges associated with starting a new business and gives you a head start in continual revenue generation.
Customization and Growth Opportunities: You have the freedom to tailor the restaurant and motel to your vision and preferences. You can enhance the property, upgrade amenities, introduce new food offerings, and/or expand the motel further. The potential for growth and customization is limitless, allowing you to shape the business according to your goals.
All-in-One Convenience: By offering both a restaurant and a motel, you cater to visitors' needs for accommodation and dining, providing unparalleled convenience. This synergistic approach allows you to maximize revenue streams and capture a larger market share.
Thriving Tourism: Northern Wisconsin is known for its natural beauty, picturesque landscapes, and wide range of recreational activities. With the UTV/Snowmobile trail running through the property, this venue draws visitors from all around who are eager to explore the outdoors. This creates a steady stream of potential patrons for your restaurant and motel, guaranteeing a strong customer base. While Northern Wisconsin is undoubtedly a popular tourist destination, the potential for growth and expansion in this area is immense. As more people discover the region's allure, Richards will naturally benefit from increased demand, leading to higher profitability and long-term success.
This is an exceptional chance to invest in a flourishing business in Northern Wisconsin. With its strategic location on the UTV and snowmobile trail, prime location on Hwy. 8, strong tourism potential, and the convenience of offering both accommodation and dining, this opportunity couldn’t be more well suited for a new owner to take the reigns.
Contact list agents Dave Schutt or Terry Patrick today to learn more and take the first step towards a successful and rewarding business venture.
Details
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2022 Property Taxes: $3,926
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Perfect opportunity for a family owned business with established revenue and clientele
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Positive reputation in the local community and a known stopping spot for customers from out of the area
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Too many inclusions to list--Completely turnkey operation
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Potential for owner financing
Other
Coordinates
45.6501, -88.1685
Annual Taxes
$3,926
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the Broker and Whitetail Properties Real Estate, LLC.