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60+ Acre Campground with Owners Quarters

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Complete NDA for Full Overview

Price: $3,549,000

Annual Revenue: $655,000

Minimum Equity Required: $1,300,000

SDE: $420,000

Location: New Brunswick

Industry: Campgrounds

Listing ID: 1359

Listing Status: Under Contract

Description

There are few campgrounds in Atlantic Canada that will compare to this campground or provide the growth potential available. The sellers have cared greatly for this business and have invested heavily in taking it to a level all will feel confident with.

With 235+ sites and cabins currently available, the 155 seasonal campers provide a reliable base of business throughout the season. There is much room to grow this base of business, given the wait list in place.

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. The listing price of the business considers Working Capital to be adjusted or pegged at $0 and closing adjustments shall be based on actual or as agreed working capital at the time of sale.

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.

Financial Information

Fiscal Year End is October 31

2024 Projections
Revenues: $650k+ (5.3% increase in rates)
SDE: $420k+

2023
Revenue: $620k
SDE: $382k

2022
Revenue: $590,000
SDE: $370,000

2021
Revenue: $555,000
SDE: $240,000

* 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.

** Our expectations are for a qualified buyer to have not less than 35% down payment available, based on the final negotiated purchase price. The seller may consider providing financing. Feel free to run some of your own calculations here:

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

Real Estate

The campground property size is at 60.63 acres (+/-) or 24.54 hectares (+/-), with only about a 1/3rd being developed. The quality of land permits for easy underground work, making for lower cost expansion.

- Many upgrades, including septic, electrical, and plumbing
- Beautiful updated owners' quarters with plenty of out buildings for work and storage

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

Complete NDA For Full Overview

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

Complete NDA for Full Overview
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