Campground and Seasonal Motel

New Listing

Listing ID: 1230

Location

Nova Scotia

Description

Excellent opportunity to acquire a stable, seasonal business. Work in the summer, head south for the winter!

Located in a small rural town in Nova Scotia, with shops and services within walking distance for you and your guests. Golf courses nearby, as are many other attractions and Nova Scotian landmarks. Town water and sewer means one less thing to worry about.

This business provides reliable income from seasonals, with upside potential from overnight camping and motel rooms. Season is May to October, and the other six months of the year are yours! Wi-Fi, In Ground Pool, Laundry Facilities, Rest Rooms/Showers, Recreation Hall, Seasonal Owner Accommodations. 50 of the 60 sites are occupied by seasonal rentals. Plenty of opportunity to increase occupancy rates in the remaining sites and motel rooms with a little advertising.


Financial Information

SDE: $68,000
Revenue: $140,000

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Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. It is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings. This is pre-tax, pre-mortgage, and pre-discretionary expenses.

Minimum Equity Required

$300,000

Real Estate

4 acres
Seasonal owner's accommodations (park trailer and covered deck)
Town water and sewer

Price

$799,000

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