Cedar Canyon Lodge & Stables Cafe & Rodeo Arena
40 Acres Next to Alabaster Caverns State Park NW OK
| Start Price |
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| Current Price |
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| Time Left |
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| Bid Count |
0 |
| Buy It Now Price |
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| Reserve Price |
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| Start Time |
Monday, July 21, 2008 |
| End Time |
Sunday, October 19, 2008 |
| Location |
Freedom, Oklahoma |
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Description
CEDAR CANYON LODGE & STABLES CAFE & RODEO ARENA AND 40 ACRE RANCH IN NORTHWEST OKLAHOMA Owner, Anita Waggoner, of Scottsdale, Arizona, is offering for sale the Cedar Canyon Lodge and Stables Cafe and Cantina and Rodeo Arena which are located on 40 acres of land in a beautiful, historic area of Northwest Oklahoma, at the entrance to Alabaster Caverns State Park, just south of the Cimarron River near the town of Freedom, Oklahoma. You may obtain further information and view additional pictures of the lodge and new restaurant by visiting our website at "cedarcanyonlodge.net". Income is presently averaging $650 to $800 a day at the new cafe with a 70% occupancy rate at the lodge -- present room rates are $100+ per night. Annual income is projected to exceed $350,000. The new cafe is approximately 2500 square feet and includes 2 bathrooms, kitchen, bar area, and outdoor porch for grilling, ample storage, covered front porch and patio areas, and seating for 32 within the building and substantial additional seating in the outdoor covered patio area. Our menu includes a variety of food and drink and we are licensed to provide Beer. The lodge and cafe are open 7 days a week. Additional income can be generated by offering trail rides, stables for horses, cookouts for family reunions, weddings, and large business groups, RV parking, hard liquor alcohol sales - in addition to the beer already being offered, special events such as live bands and rodeo events, fishing pond, and guided hunting. Cedar Canyon Lodge is a log building. Hand-hewn beams support the ceilings and interior rooms are constructed of cedar and pine logs. The business known as Cedar Canyon Lodge and Stables Cafe was built by owner and opened in 2000. Cedar Canyon Lodge and Stables Cafe and Cantina has been a popular tourist destination for the State of Oklahoma. The business has been featured on several television shows and was written about in many national publications and in Oklahoma newspapers. The asking price includes the lodge, out door rodeo arena, bandstand, cafe/lounge, storage facility, and 40 acres of frontage land along State Highway 50. Owner financing is an option and owner will also consider a partnership. This is your opportunity to own a successful business and a part of history. The lodge has a one bedroom mangers apartment with a spacious living area, storage, loft, kitchen, laundry room and office. The loft in the manager's unit could be converted to a second bedroom. The 6 spacious guest rooms can each accomodate 4 to 6 people comfortably. Each room features unique western furnishings and artwork, individual bathrooms, carpeting, open cathedral ceilings, cable television, refrigerators, microwaves, coffee makers, and covered porches on both front and rear sides of the building with benches and patio furniture available for the guests. The rooms are designated as non-smoking rooms and are in excellent condition. All equipment, fixtures, furnishings, and inventory are included in the sales price. The rooms each have self contained heater/ac units and hot water heaters. The manager's unit has central air/heat. The outdoor rodeo arena is lighted and has an announcer's stand, bleachers, and bathrooms. There are no mineral rights included in the sale of this property. There are no zoning restrictions and there is plenty of land available to add additional structures on the property such as an RV park. Cedar Canyon Lodge and Stables Cafe & Cantina are located directly next door to Alabaster Caverns State Park which contains the largest gypsum cave in the world open to the public. Massive boulders of alabaster are seen here in many varied colors -- pink, white and even a rare black. The State Park has 200 acres of land with 20 campsites and shower facilities. They are open year round and provide daily cave tours, wild caving, nature trails, a gift shop and playground. A person must drive directly by Cedar Canyon Lodge and Stables Cafe & Cantina in order to enter the State Park area. With near record low interest rates this is a great time to purchase this business. Oklahoma was recently rated "Recession Proof" in a report by Forbes Magazine. Cedar Canyon Lodge and Stables Cafe & Cantina are located in the northeast part of Woodward County, population 18,461 and growing. The property is located centrally between Woodward and Alva Oklahoma within 30 minute drive to each town. Both neighboring communities have hospitals, public schools, airports, several local banks, Wal Mart Super Centers, and many other business entities. Alva is also the home of Northwestern Oklahoma State University, which enrolls approximately 2500 students. The nearest commercial airport is in Oklahoma City, however, there are municipal airports in Woodward, Alva, Freedom and Mooreland. Cedar Canyon Lodge and Stables Cafe & Cantina are serviced by electricity, a public water supply,propane, internet, telephone services, and dish network. Electrical services are provided by Northwest Electric, propane services are provided by several local sources, water is provided by Woodward County Rural Water, and telephone/high speed internet by Pioneer Telephone. Real Estate property taxes are approximately $2500 a year. The US Postal Service, UPS, Federal Express and food vendors make daily deliveries to the area. A post office is located in nearby Freedom, Oklahoma. There are several state parks with golf courses and swimming pools located within a 20 to 30 minute drive from the lodge property. Little Sahara State Park is located 25 miles to the Southeast of this property. Little Sahara consists of 1450 acres of sand dunes for recreational use and is a very popular tourist destination. Great Salt Plains Lake Park is located approximately 50 miles west of the lodge property. This park is the only place in the world where people can come to collect hourglass shaped Selenite Crystals, which form just below the salt-encrusted surface of the salt flats. TREMENDOUS BUSINESS OPPORTUNITY: * Bed and Breakfast (minimal renovation could double room capacity) Small log cabins could be scattered about the property to allow for additional rooms at a minimal cost. * Annual Income Potential exceeding $350,000 * Owner Financing an Option. Payoff expected in 3 to 5 years. * Owner willing to participate in the business operation and assist new owners with marketing for a period of 6 months and or will consider a short or long term partnership. * Lease available with a substantial damage deposit and one year option to purchase.
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