Price: $4,500,000
Annual Revenue: $1,000,000
Minimum Equity Required: $1,800,000
SDE: $500,000
Location: Ontario
Industry: Hotels, Motels, Camps and other Lodging
ID: 1290
Status: Off Market
This modern, family-friendly campground in eastern Ontario consistently attracts customers year after year. The modern facilities and well-maintained amenities, luxury ambiance, and location provide the ability to charge premium rates. The Campground consistently achieves EBITDA margins exceeding 40% with revenues around $1M for the last several years.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. 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.
Annual Revenues:
2022: $1,068,000
2021: $920,000
2020: $1,010,000
2019: $1,160,000
2018: $1,120,000
EBITDA margin is over 40%
** 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:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
Located on 37 acres.
10 X Cabins/Lodge
23 X 15AMP RV sites
14 X 30AMP 2-service RV sites
46 X 30AMP 3-service RV sites
30 X 50AMP Full-service RV sites
15 X Tenting sites
Total: 138 sites/Accommodations
For more information on this listing, please complete our Non-Disclosure Agreement
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview