Business Overview

PRICE REDUCED!

SELLER FINANCING AVAILABLE!

Beautiful park conveniently located near highway and major population! Includes RV sites, tent sites and some rental cabins.

This park sits on over 30 acres and has over 150 sites. Licensed for additional sites.

Solid gross revenue and room for growth!

Financial

  • Asking Price: $1,850,000
  • Cash Flow: N/A
  • Gross Revenue: $723,485
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1960

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Over 30 acres near highway.

Is Support & Training Included:

2 weeks

Purpose For Selling:

retirement

Pros and Cons:

Some competition in area.

Opportunities and Growth:

Growth potential with additional sites licensed.

Additional Info

The company was established in 1960, making the business 62 years old.

The business has 4 employees and is located in a building with disclosed square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell businesses. Nevertheless, the real factor vs the one they say to you may be 2 totally different things. For instance, they may state "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might just be excuses to attempt to conceal the reality of changing demographics, increased competitors, current decrease in profits, or a variety of various other reasons. This is why it is really vital that you not count absolutely on a seller's word, but rather, make use of the vendor's answer in conjunction with your overall due diligence. This will paint a much more practical image of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses take out loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can suggest that profit margins are too small. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be fulfilled or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in new clients? Often times, businesses have repeat clients, which form the core of their everyday profits. Particular aspects such as new competitors growing up around the area, road building and construction, as well as personnel turnover can impact repeat consumers and negatively impact future profits. One important thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business regularly, the better the chance to construct a returning customer base. A last thought is the basic location demographics. Is the business situated in a densely populated city, or is it located on the edge of town? Just how might the neighborhood mean home earnings impact future revenue prospects?