HSC-Iconic Northwoods Supper Club on Premier Waterfront Location

Asking Price$1,300,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&E$150,000
Included in asking price
Building Sq. Ft.3300

Price per Sq. Ft.Not Disclosed

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HSC-Iconic Northwoods Supper Club on Premier Waterfront Location


Asking Price$1,300,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&E$150,000
Included in asking price
Building Sq. Ft.3300

Price per Sq. Ft.Not Disclosed

Property Description
Iconic, turn-key waterfront supper club with boat slips, outdoor tiki bar, and p
**Property Overview:**
This is a rare opportunity to own a well-established, turn-key supper club in the heart of Wisconsin’s Northwoods. **Eddy B’s White Spruce Restaurant & Tavern** is a beloved destination in Eagle River, ideally located on the banks of the Eagle River Chain of Lakes—the world’s largest inland chain of connected freshwater lakes. With a history dating back to 1884, the property blends rustic charm with modern amenities and a strong local following.

**Property Highlights:**

* Highly successful, fully operational supper club with strong year-round revenues
* Prime waterfront location with direct boat access and 12 private slips
* Expansive outdoor deck with tiki bar offering scenic views of the river
* Classic log cabin architecture with cozy Northwoods ambiance
* Located along a major snowmobile trail—ideal for winter traffic
* Turn-key sale includes furniture, fixtures, equipment, and business goodwill

**Additional Opportunity:**
An **adjacent single-family home** is available for separate purchase, providing a perfect onsite residence for an owner-operator, employee housing, or additional rental income.

**Location Benefits:**

* High visibility and easy access from downtown Eagle River
* Sits at the gateway between the Eagle River and Three Lakes chains
* Popular with tourists, boaters, snowmobilers, and locals alike
* Surrounded by resorts, vacation rentals, and year-round outdoor recreation

This is an exceptional opportunity to step into a thriving hospitality business in one of Wisconsin’s most sought-after lakefront communities.

**Contact us today** for financials, a private showing, or to learn more about the business and optional adjacent home.
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
Eddy B’s White Spruce features a cozy log cabin-style restaurant with indoor seating for 100+, a full-service bar, and a fully equipped commercial kitchen. The expansive riverside deck includes a seasonal tiki bar and 12 private boat slips, offering direct access to the Eagle River Chain of Lakes. Located on a snowmobile trail, it attracts both summer and winter traffic. On-site parking, updated restrooms, and natural Northwoods charm complete this turn-key operation.
Location Description
The seller is committed to a smooth transition and will provide hands-on training to the buyer, including day-to-day operations, staff management, supplier introductions, recipes, and use of all kitchen and POS systems. This support ensures continuity of service and helps the buyer confidently step into ownership of this established business.
Current and Prior Use
Built in 1884 as George P. Dickinson’s family home, the log cabin now housing the White Spruce is Eagle River’s oldest building. It became a restaurant in 1943, with the original frame house used for cold storage. Located on the north shore of the Eagle River, it sits at the end of the world’s largest inland chain of 28 connected freshwater lakes.
Year Built
1943
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
$5329 2024 Property Taxes
Listing Info
ID:
2376149
Listing Views:
325
Attached DocumentsAttachment Disclaimer

Eddie_B_s_White_Spruce_Inn_Binder_6_6_25.pdf

Business Location

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Property Listed by: Rick Guntzel Hospitality Services Corp.

Listing ID: 2376149 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.