Cable Nature Lodge & Rookery Pub


Cable, WI   Offered for sale at $695,000
 

LOOKING TO ESCAPE THE CITY?
Here’s an excellent opportunity for an ambitious couple to earn $100k+ while living the Northwoods lifestyle of your dreams! Two businesses in one, this exquisite 7 room guest lodge and award-winning restaurant offers the resiliency needed during these challenging times. Lodging revenue hit a 15 year record high in 2020, despite the pandemic. And even with the restaurant scaled back for most of the year, net operating income (NOI) for 2020 was on par with the most recent 5 year average. Lodging income alone will more than cover your fixed costs, with boundless possibilities for further developing the restaurant and other revenue streams. Plus what traditional job affords you the opportunity to take a month-long vacation twice a year? Take a close look. There truly is no other resort/hospitality business like this currently available in northern Wisconsin. And it couldn't be replicated for anything close to the price it can be purchased for today. Ideally situated on 22 private acres in the heart of the Chequamegon-Nicolet National Forest.

FOR MORE INFORMATION
See CableNatureLodge.com and RookeryPub.com. Please call or email Bill for further details or to arrange a showing: 715-580-0850, bill@cablenaturelodge.com. Owner/Seller is a licensed Wisconsin real estate agent. Buyer agent inquiries welcome.



Property Details
  • 7 Guest Rooms
  • 7 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1978
  • Last Renovated in 2008
  • Opened in 2005
  • Building is 6,400 SQFT
  • Lot is 22 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $695,000
  • Occupancy Rate: 29%
  • Average Daily Rate: $120
  • Annual revenue is $288,000
  • Terms: 2016-2020 Avg Annual Net Operating Income = $51.2k; Cap Rate = 7.4%; Owner’s Total Capital Investment = $950k+
Contact Information