Reindeer Ranch Business + Property + Acreage

Champaign County, IL
Asking Price:$2,240,000
Gross Revenue:$487,528
FF&E:$19,403
Cash Flow:$363,436
Inventory:$248,750
Established Year:1994
BUSINESS DESCRIPTION

60,000 visitors per year, 24 Alaskan reindeer, 5 Buildings

Welcome to the Reindeer Ranch where the North Pole meets the Wild (Mid) West. This is an extraordinary investment opportunity to own and operate one of Central Illinois' most beloved tourist attractions and banquet centers. Located on 58.8 acres of prime farmland, just north of the University of Illinois, in the Village of Rantoul, this property hosts over 60,000 visitors annually who come to experience the Christmas magic and fun activities the Reindeer Ranch has to offer. This property includes a 130 seat fully equipped (3,456 sf) banquet hall with service kitchen, custom built (1,987 sf) timber frame gift shop, Amish built (2,240 sf) livestock barn/shed/workshop, (1,171 sf) pole barn, fenced pasture, parking and corn maze. The 3-bedroom (2,200 sf) farmhouse with attached garage was built from reclaimed hardwood and features an open concept and oversized 2 car garage. Sale includes land, buildings, all equipment, tools, tractors, reindeer herd and all inventory, as well as proprietary information including vendors, motorcoach tour accounts, website and social media accounts. For the past 30 years the Reindeer Ranch has been a seasonal destination for visitors and Motorcoach tours from near and far. The Ranch offers fall and holiday experiences for the whole family including an up close "kiss" and introduction to the herd of 24 real Alaskan reindeer, 10-acre Corn Maze, pumpkins, hayrides, Christmas trees, pedal race carts, and paintball gallery. Guests gather and warm up around the potbellied stove in the gift shop and stay for lunch at the Klondike Cafe. Throughout the year, the farm hosts a variety of group entertainment packages and private events, including family reunions, school groups, weddings and company retreats. This property lies within 2 miles from the I-57 corridor, 2 hours from the city of Chicago and within 25 minutes of the University of Illinois Campus. This outstanding agritourism opportunity provides the infrastructure and potential to step right in to a well-established business model or bring your agricultural venture or vision to life. The desirable soil on the farmed 30 acres of property is cash rented adding additional income streams to this investment.


ATTACHED DOCUMENTS
CBC - Brochure.pdf.pdf Download

DETAILED INFORMATION
Location
Champaign County, IL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
11,054
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3 parcels make up the large property that includes 5 buildings.
Competition
Central Illinois' most beloved fall and winter attraction!
Growth & Expansion
Local, regional, and state tourism promote the Reindeer Ranch, additional income could be generated by more tours, school trips, social media promotion. Areas of the Ranch could also be used as a tree farms, skating rink, winery, trails, farming, orchard, or similar.
Financing
Conventional Financing Preferred
Support & Training
Owners willing to train new buyers, and assist with reindeer care and transition. Terms to be presented in an offer and negotiated as part of the final sales contract. Multiple employees have agreed to stay on board through the sale. Due to the seasonal nature of this business and property, owners would like to sell and train during the season if possible.
Reason for Selling
Owners are retiring
Franchise
This business is an established franchise
Report an Issue with this listing
Leah Erickson
Leah Erickson