Campground/Wedding/Event Venue

Piedmont, SD (Meade County)

Campground/Wedding/Event Venue
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Asking Price: $750,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2017

Campground/Wedding/Event Venue

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Business Description

Campground/Wedding-Event Venue in Black Hills

18 acre property in Piedmont, beautiful setting with views of Black Hills. This property has been converted from being open 10 days a year to a 6 month open season for weddings/events and camping. Upgrades/additions have been done to accomplish the goals of the current owner. Business is increasing for weddings/events and camping bookings.

Detailed Information

Location:
Piedmont, SD
Real Estate:
Owned
Building SF:
5,400
Employees:
1
Facilities:
3 bedroom 1 bath house with large attached garage, Enclosed building with bar and outdoor covered patio that accommodates 180 people. Check-in Office/storage prep area, Walk in cooler, Transferrable beer/wine license, 69 rv hookups, 20 cabins, Tree grove for wedding ceremony and camping, Shower house with 10 showers and laundry facilities, Upgraded water system Equipment and supplies to support running business included
Competition:
The market for this business is camping, Sturgis Motorcycle Rally week, weddings and events. All three lines of business are strong in the Black Hills area. Spur Meadows has identified a niche market for itself in the wedding industry. Many of the rally guests are repeat customers and loyal to Spur Meadows.
Growth & Expansion:
The wedding/event side of the business is new to Spur Meadows, we have spent a considerable amount of time and money growing this area. The growth is unlimited. The Sturgis Motorcycle Rally provides 10 days of many loyal customers who return every year to Spur Meadows for the low key relaxed environment. The campground offers seasonal camping as well as full time camping. More marketing of this area of the business would allow for revenue growth. There is real estate available to grow any line of business beyond what is offered currently
Support & Training:
Owner will assist in transition of property, agreement will be made as requested by new owner.
Reason for Selling:
personal/career goals have changed
Business Website:
http://www.spurmeadows.com
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Business Listed By:
Terri Talkington

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