Summary
- Asking price:
-
$1,100,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $614,000
- Net profit:
- $240,000
- Years established:
- 10
- Employees:
- 7
Business description
Boat rentals, restaurant, bait & tackle store and camp store concessions at Shabbona Lake State park in Northwest Illinois (Just 30 minutes West of Naperville).Long lease with state...Ability to add more services at park: ie pool, high end restaurant with beer & wine sales, and more. Current business very profitable, each year customer count goes up.
Potawatomie Bingo and center going in a few miles away!
Property information
- Real Estate:
- Lease
- Lease terms:
- 10 Year lease with the State of Illinois. Can be exteneded... Small percentage of gross sales go to State general fund, and a reserve operating fund for business.
- Location:
- Located at Shabbona State Park. Just miles west of Chicago, off U.S. 30, urban sprawl gives way to 1,550 acres of rolling prairie and features a 318.8 acre man-made fishing lake. Shabbona Lake State Recreation Area provides a convenient, natural haven from the hustle and bustle of daily life.
A unique mix of grass-covered meadows, upland mesic woods, bottomland woods, and a native, undisturbed fen, make this an ideal location for natural relaxation and outdoor activity. You can see sedges, cattail, marsh marigolds, horsetail, skunk cabbage, turtlehead, iris, blue joint grass and bulrushes. Also enjoy the areas of prairie restoration throughout the park which features prairie grasses such as Big Blue Stem and prairie flowers such as purple cone flower.
With facilities for picnicking, camping, hiking, fishing, hunting and winter sports, Shabbona Lake is a convenient and comfortable retreat where you can refresh and reinvigorate yourself in a rare, unspoiled environment.
In addition, Shabbona Lake contains a 15-acre seasonal nesting area for migratory waterfowl such as Canvasback, redhead and pintail ducks and Canada Geese.
Other information
- Expansion potential:
- many possibilities exist for expansion. Lodging, high end restaurant, pool, beer & wine sales with food, tobacco, and state lottery.
- Competition / Market:
- No competition! Exclusive lease for all concessions in park.
- Support & training:
- One of the owners is willing to stay on for a short term to assist/train in marina and other operations.
- Reasons for selling:
- Retirement
- Trading hours:
- 7am-9pm
- Furniture / Fixtures value:
- $377,922 (included in the asking price)
- Inventory / Stock value:
- $100,000 (included in the asking price)
- Related documents:
-
Contact the seller
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