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200+ Site Campground and Cottages

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Listing ID: 1154

Location

Nova Scotia

Description

Respected, cared for by campers and owners, and up to date. This RV campground is set for its next chapter. If you're looking for consistent cash flows, let's talk. If you're looking for growth, let's talk. Either way, this park can provide anyone who has envisioned the campground lifestyle with a comforting reality. We believe the following about this park: - reputation is one of the strongest in the province, for it's intended customer. Just look at the number of nights of 100% occupancy. - capital improvement program in recent years is tremendous. Only general repair and maintenance required for many years if you do not wish to grow. - ability to easily grow business, both revenues and profits, if you wish, given the demand, given the excess land, given the several opportunities. A full Offering Memorandum with all particulars, financials, areal drone video, and photography covering all aspects is available to qualified buyers who have completed the Non-Disclosure agreement.


Financial Information

Fiscal year end is October 31. Revenues: - 2018 - $829k - 2017 - $750k - 2016 - $735k - 2015 - $727k Let us show you how quick you could grow revenues to $1M or more. Seller's Discretionary Earnings: - 2018 - in progress. - 2017 - $336k - 2016 - $311k - 2015 - $322k

Minimum Equity Required

$875,000

Real Estate

With more than 50 acres of beautiful easy to work with land (sandy / clay), there is much left to work with. The expansion potential is tremendous! There is a fully updated, 4 bedroom home on property. There is a separate well and septic for the house. Campground services include: - 1 well - 3 septic systems, each with 3 holding tanks. 2 gravity and 1 pump system - fire and RCMP within 5 minutes We're confident any inspection will result in favourable findings on all aspects of electrical, plumbing, building, septic, etc.

Price

$1,669,000 (Shares)

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Headquarted in Halifax, Nova Scotia

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