Bowman's Oak Hill Bed & Breakfast

Wisconsin Dells, Wisconsin
www.bowmansoakhillbedandbreakfast.com

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Property Type
Bed & Breakfast / Inn
Guest Rooms
6
Baths
6
Restaurant
No
Owners Quarters
Yes
Asking Price
$475,000

Occupancy Rate
NA%
Average Daily Rate
NA
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

Location, location, location! Oak Hill B&B has enjoyed a 5-star rating for 10 consecutive years and been ranked as #1 lodging property for the Dells by Trip Advisor. Situated in the largest vacation region in the Mid-west, the inn occupies almost 8 park-like acres on a wooded hillside in the world-renown Wisconsin Dells. Guests from across the US (including near-by Chicago, pop. 9,500,000 and the Twin Cities, pop. 3,900,000) as well as from other countries enjoy the many attractions and activities available to visitors. Water parks, golf, water sports, shopping, hiking, snowmobiling, and wineries bring over 4,000,000 visitors to the 'Dells annually.


Property Description

The inn has six guest rooms and baths. There are three guest rooms in the main house, two guest cottages and a vintage Air Stream Argosy. The airy, open-concept owner quarters offers 1,000 sq. feet of privacy. The extensive grounds and variety of guest accommodations offer flexibility for a new owner. Existing footprint may be re-purposed to add guest rooms or enlarge owner quarters. Construction of new cottages and/or main house guest rooms are also attractive options. Extra storage in 2-stall heated garage and 4-stall garage and workshop.


Business Description

Wisconsin Dells attracts 4,000,000+ annual visitors. Area tourism statistics indicate the number of visitors to be increasing at a steady 5%-8% a year. Owned by the current owner for fourteen years, the business is well established and benefits from a positive reputation and strong guest following. Occupancy is 40%. Seasonal rates, peak $168, off-peak $155. The inn is fully equipped all furnishings, linens, kitchen equipment (includes 2 ovens, 2 dishwashers), laundry equipment (2 sets of washer/dryers), grounds maintenance equipment, guest records, domain name and website.


Reason for Selling

The owners are retiring.


Terms & Asking Price

The inn is being offered turnkey. Cash or new loan.