Seller Financing Available
Gross Revenue: $572,227
Real Estate: $480,000*
* not included in asking price.
Beautiful Resort Nestled in the Foothills For Sale
This well located small resort property is located just miles from several lakes, rivers, and streams. In addition to the rental cabins located on the property, the additional services, amenities, and opportunities include hunting of various kinds, archery, scuba instruction, disc golf, propane gas, muzzle loading supplies, tackle, and live bait for the multiple types of fishing available in the immediate area.
Owner is seeking to retire from the business and spend more time in his ministry. The opportunities that exist for the new Owner consist of expanding the existing services that are currently available while adding several services that should be added to enhance the experience. Those include additional rental cabins, a full deli, boat storage, boat repair, and providing ethanol gas. Current annual revenues are approximately $575,000 with SDE of $88,000.
Inventory: Included in asking price
Real Estate: Owned
Not included in asking price
Building Sq. Ft.: N/A
Employees: 1 PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Includes a convenience store/gas station, 7 cabins, and a Mobile Home(in which the owner resides), all of which sits on 4 acres.
Competition: Given the location of the business in close proximity to lakes and rivers, there is some competition throughout the local area and even throughout the state. However, there are very few resorts in the immediate area that offer the variety of amenities and services that make up this business.
Growth & Expansion: The Seller believes that the business can be expanded significantly by providing greater exposure to the business. In addition, there are additional services that could, and should, be added to include more cabins, a deli, boat storage, marine repair, ect.
For personal reasons, the Seller has not, and does not, offer beer or tobacco. This represents a significant stream of revenue that could easily be added if the new Owner were so inclined.
Support & Training: The Seller will provide 6 weeks of training and orderly turnover to the new owner training up to 20 hours per week. Additional training/consulting is available from the Seller, if required, for an additional fee.
Reason for Selling: Seller wishes to focus on personal matters.
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