17 Jan Acquisitions Anonymous: Deer hunting reserve for fun and maybe profit
In this episode, Girdley, Bill, and Heather discuss a hunting preserve business for sale in Kansas. The business involves breeding deer for hunting, with prices ranging from $1,500 to $15,000 per deer. The property includes 160 acres of land, a lodge, equipment, and over 200 deer. The financials suggest an asking price of $3.2 million, with $350,000 in annual cash flow and $1.1 million in gross revenue. They explore the challenges of valuing the real estate versus the business and the potential for diversifying the business beyond hunting.