Listing ID: 80847
80 Incredible Acres in the Central Mountains of Idaho. 1.5 hrs from Boise This property has it all, complete with 22 Cabins, Dining Hall with full commercial kitchen, Large Meeting Hall, Day Care, concessions cabin, 2 complete bath & shower buildings, Sports field & multiple storage buildings and more. Many RV & tent sites on 40 acres + another beautifully timbered 40 acres to be able to expand. Great Corporate retreat, or incredible RV & Lodging & campground.
- Asking Price: $1,990,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:14,500
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
22 Cabins, Dining Hall with full commercial kitchen, Large Meeting Hall, Day Care, concessions cabin, 2 complete bath & shower buildings,storage buildings, electrical & waters system buildings. Sports field & multiple storage buildings plus multiple RV & tent sites with Lots of room to expand
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell companies. Nevertheless, the real factor vs the one they tell you may be 2 totally different things. As an example, they might say "I have too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may simply be justifications to try to hide the reality of altering demographics, increased competition, recent decrease in incomes, or a range of other reasons. This is why it is really essential that you not count completely on a seller's word, but rather, utilize the vendor's response along with your total due diligence. This will repaint a much more practical picture of the business's existing situation.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans with the purpose of covering things like supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that revenue margins are too thin. Many companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that must be fulfilled or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area draw in new customers? Most times, companies have repeat customers, which form the core of their daily revenues. Specific elements such as brand-new competitors growing up around the area, roadway building, and also personnel turn over can influence repeat customers and negatively impact future revenues. One important thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more individuals that see the business often, the greater the chance to develop a returning customer base. A last thought is the general area demographics. Is the business located in a densely populated city, or is it situated on the edge of town? Just how might the local median family income effect future income potential?