Listing ID: 82715
Business Overview
PRICE IMPROVEMENT!! Welcome to Beaver Creek Campgrounds, Cabins and Canoe Rental! This property is turn key and ready for it’s new owners. On just over 7 acres this property operates a full service campground with seasonal canoe rentals. There are 26 campsites including 6 with electric hookups. There are 4 cabins and even 3 RV hookups, and lets talk abut the covered wagon rooms…Yes that’s right, covered wagons with sleeping quarters so unique and a one of a kind rustic experience. this property comes with a 2bed 1 bath home and there is a general store selling all your camping needs, snacks and drinks. With 1225 feet of creek frontage on Beaver Creek and 435 feet of creek frontage of Caney Creek you can spend your day floating, fishing and swimming. I have many additional photos upon request.
Financial
- Asking Price: $567,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 1979
Detailed Information
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:1,104
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
A General store with all inventory/canoes/kayaks, vehicles and trailers to haul, 2 Log Camping Cabins, 1 Bunkhouse log building 14x40, 1 Full Service Log Cabin, 1-2 side shower house and restrooms, 2 bed/1bath house. All on 7.14 acres
Additional Info
The business was founded in 1979, making the business 43 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people resolve to sell operating businesses. Nonetheless, the genuine factor and the one they tell you might be 2 totally different things. As an example, they may say "I have a lot of various obligations" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, recent reduction in profits, or an array of various other factors. This is why it is really essential that you not rely totally on a seller's word, however instead, utilize the vendor's response together with your total due diligence. This will repaint a much more realistic picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses borrow money with the purpose of covering items like supplies, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can imply that profit margins are too tight. Numerous companies come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area bring in new customers? Most times, businesses have repeat customers, which form the core of their everyday profits. Specific factors such as new competitors growing up around the area, roadway construction, and also personnel turn over can impact repeat consumers as well as negatively impact future revenues. One essential thing to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business often, the better the possibility to construct a returning client base. A last thought is the general area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? How might the neighborhood typical household earnings effect future earnings potential?
