Profitable, Cash Flowing, Real Estate Backed Hospitality Business
Asking Price: | $2,490,000 |
Centrally located on the beautiful Chippewa Flowage, Deerfoot Lodge & Resort has the best location on the lake with stunning water views from every cabin and hotel room. Families love our well-maintained sandy beaches, swim raft, playground and campfire pits. Deerfoot Lodge is a dream come true for anglers with lakeside fuel, live bait, fish cleaning house, freezer service, onsite boat ramp, ample docking facilities, electrical outlets at the shoreline, and a fleet of rental fishing and pontoon boats for your enjoyment. The fun and friendly Deerfoot Crew looks forward to welcoming you during all four vacation seasons on the Chippewa Flowage!
Profitable, cash flowing, real estate backed business now offered for sale. Deerfoot Lodge & Resort is seeking its next owner operator to continue hosting guests on the beautiful shores of the Chippewa Flowage for generations to come. Deerfoot’s buyer will receive all of the systems and processes that provide value to resort guests and generate revenue capable of comfortably supporting multiple owner operators and resort staff. Current owner has more than doubled the operation over the last twelve years, extensively reinvested in the property and built an extremely positive reputation so the new owner can hit the ground running. If you’re an outdoors enthusiast, you’re sure to enjoy the numerous outdoor activities available during all four seasons – whether it’s boating, ATVing, hunting, snowmobiling, skiing, fishing or all of the above, you’ll love living on the doorstep of the Chequamegon National Forest and having your boat in the water on Wisconsin’s largest wilderness lake!
Listing includes:
Real Estate
Lodge (Bar & Grill) ~ 1732sqft
Hotel (9-rooms) ~3294sqft
Owner’s Residence (4-bedroom, 3-bathroom, ~2200sqft, 2-car attached garage)
Detached Garage (maintenance garage) 32x24
Bait House (w/ fish cleaning and storage room)
Business Assets
Property management agreements for 10 privately owned rental cabins onsite at Deerfoot Lodge (resort gets 40% of the rental income and covers all cleaning, linens, marketing and renting; cabin owners get 60% of the rental income and cover all maintenance expenses, mortgage and taxes); 7 of the 10 cabins are year-round rentals, 3 of the cabins are 3-season (Cabin 4, Cabin 7 & Cabin 12).
Ownership of 11 resort docks on the Chippewa Flowage (Use of all 26 docks for the entire resort, including 11 owned by the resort and 15 owned by condo/cabin owners and the condo association)
Lakeside 1000-gallon gas tank with pump
Lodge 550-gallon gas tank with pump and TMS pump controller inside lodge
Rental boat fleet with three 16-ft Lund Fishing Boats with 2023 Mercury 40-hp 4-stroke motors and four 2023 22-ft Montego Bay Fish & Cruise Pontoon Boats with 115-hp 4-stroke Suzuki motors Deerfoot Lodge sign on Hwy B with changeable letters
Deerfoot Lodge sign on River Rd/Deerfoot Rd
Extensive supply of linens, furniture, fixtures & equipment needed for running the resort
All applicable and transferable licenses (liquor/beer/tobacco, food service, lodging rentals, etc.)
Assignment of Deerfoot Maintenance Agreement with Deerfoot Condo Association
Assignment of Deerfoot Condo Grounds User Fee Agreement with Deerfoot Condo Association
Guest database and reservation history in RezStream reservation and property management system
Vendor contact list
All historical Point of Sale data if desired
All social media, deerfootlodge.com, phone numbers, email addresses, etc.
All intellectual property associated with the Deerfoot Lodge & Resort brand
BUSINESS LOCATION