Business Overview

Beautiful wooded Campground on over 100 acres, with lots of recent upgrades.

Over 100 sites with an owner’s 4 bedroom house.

Strong, consistent revenue.

Financial

  • Asking Price: $2,200,000
  • Cash Flow: $194,373
  • Gross Revenue: $391,169
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $10,000
  • Inventory Included: N/A
  • Established: 1970

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Beautiful grounds with lots of room for potential growth.

Is Support & Training Included:

2 weeks

Purpose For Selling:

retirement

Pros and Cons:

some competition in the area

Opportunities and Growth:

Lots of land for potential growth. Add rentals!

Additional Info

The company was started in 1970, making the business 52 years old.
The sale won't include inventory valued at $10,000*, which ins't included in the suggested price.

The business has 5 employees and resides in a building with approx. square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell businesses. Nonetheless, the real factor and the one they tell you may be 2 absolutely different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be excuses to try to conceal the reality of transforming demographics, increased competition, recent reduction in earnings, or a variety of various other factors. This is why it is really crucial that you not count totally on a seller's word, but instead, use the vendor's answer along with your total due diligence. This will repaint a much more realistic image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many businesses finance loans in order to cover items like supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can indicate that revenue margins are too thin. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that need to be met or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract new customers? Often times, businesses have repeat customers, which form the core of their everyday earnings. Certain factors such as new competitors sprouting up around the location, road building and construction, and also personnel turn over can affect repeat customers and also adversely impact future profits. One vital thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the better the opportunity to construct a returning client base. A final thought is the basic area demographics. Is the business located in a largely populated city, or is it situated on the edge of town? Exactly how might the regional mean family income effect future earnings prospects?