Price: $1,329,000
Annual Revenue: $250,000
Minimum Equity Required: $450,000
SDE: $120,000
Location: Nova Scotia
Industry: Hotels, Motels, Camps and other Lodging
ID: 1356
Status: Off Market
6% of the sale price of the Business and Real Estate
Fiscal Year End is March 31
2023 (Nov. 1 - Oct. 14, 2023)
Revenues: $333,000
SDE: $150,000+
2023 (April 1, 2022 to January 1, 2023)
Revenue: $260,000
SDE: $140,000
2022
Revenue: $240,000
SDE: $95,000
Annual Return on Investment
Based upon a purchase price of $1,329,000, with an average portion of the purchase price being financed with normal commercial finance terms, we anticipate an annual Return on Investment of more than 24% ** (Details of these calculations provided upon request).
* 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 35% 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
The campground sits on 17.3 acres of land and includes a primary 3 bedroom residence as well as an extra large detached garage. The business and property has seen many updates.
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