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Off market
  • Price Unknown

    W11466 Us Highway 8 Lot Wp001, Dunbar, WI 54119

    --beds
    --baths
    --sqft
    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $806 Estimated rent

    Home value

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    $806/mo

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    What's special

    Strong tourism potentialPicturesque landscapes

    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 couldnt 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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Whitetail Properties

    Facts & features

    Interior

    Features
    • Has basement: Yes
    • Has fireplace: No

    Community & HOA

    Location
    • Region: Dunbar

    Financial & listing details

    • Date on market: 9/12/2023
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/17/2023Listing removed--
    Source: Whitetail Properties Report a problem
    6/20/2023Listed for sale$1,400,000
    Source: Whitetail Properties Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 54119

    Nearby schools

    GreatSchools rating