500+ Site RV Park

Price: $7,349,000

Annual Revenue: $1,520,000

Minimum Equity Required: $2,500,000

SDE: $865,000

Location: Atlantic Canada

Industry: Hotels, Motels, Camps and other Lodging

ID: 1415

Status: Off Market

Description

This well-established RV park campground offers an idyllic setting for visitors seeking a relaxing escape. The property boasts a prime beachfront location, providing direct access to the ocean, and is equipped with a range of modern amenities, including spacious RV sites, cozy cabins, and tent sites. Guests can enjoy a variety of on-site activities, such as swimming in the heated pool, beach volleyball, or exploring the scenic surroundings by bike.

The campground is family-friendly, offering a vibrant social atmosphere with planned events and activities throughout the summer season. With a strong reputation for cleanliness, safety, and exceptional customer service, this business has cultivated a loyal clientele over the years. The facilities are well-maintained, with recent upgrades ensuring a high standard of comfort and convenience for all visitors.

This opportunity presents a stable, consistent revenue streams and potential for future growth. The campground’s desirable location, combined with its established operational framework, makes it an attractive acquisition for those looking to enter the thriving outdoor hospitality industry.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

Fiscal Year End September 31.

2023
Revenue: $1,520,000
SDE: $865,000

2022
Revenue: $1,465,000
SDE: $995,000

2021
Revenue: $1,535,000
SDE: $905,000

* 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.

** Please refer to our Minimum Equity requirements. Our expectations are for a buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Typical loan amortizations for businesses like this are 20 years. Feel free to run some of your own calculations here:

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

This campground has 500 RV sites with full connections (30/50 amp), 360 are seasonal, modern restrooms, showers, and laundry facilities.

The park has a heated pool, playground, a soccer field, and a recreational community center.

For more information on this listing, please complete our Non-Disclosure Agreement

For more information on this listing, please complete our Non-Disclosure Agreement

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