Annual Revenue: $510,000
Minimum Equity Required: $1,200,000
Location: New Brunswick
Industry: Camp Grounds
Listing ID: 1284
When it comes to wilderness accommodations, very few operations will compare to this. With its sprawling 180 acre land package, the opportunity for growth is tremendous if someone were desirous. Owners get to enjoy some absolutely incredible views overlooking the water from their updated 4 bedroom home.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Revenues of this business have been growing year over year since the business began and is on the verge of its next leg up. This year, the business is expected to do $510k+ in revenues and $290k in Seller's Discretionary Earnings
** 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. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
The business sits on 180 acres of land.
The source of water supply for the property is from a drilled well. Septic system is pumped regularly.