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Highly Rated Seasonal Campground

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Complete NDA for Full Overview

Price: Under Valuation

Minimum Equity Required: $1,000,000

SDE: $340,000

Location: Nova Scotia

Industry: Hotels, Motels, Camps and other Lodging

ID: 1434

Status: Coming Soon

Description

For the growth minded campground acquirer, it's now time to experience the benefits of this well improved and cared for 175 site park (RV sites and cabins) sitting on 150 acres can provide. Being ideally located to capture a significant overnight traffic flow of high(er) end tourist, the revenue generated per site is very attractive.

- Overnight customers recognize this location as a key stopping place to explore the significance of this world class tourism area.
- Well situated to accept a high % of over night campers compared to seasonal campers.
- Strong foundation of seasonal campers provide sufficient coverage of all overhead/operating cots. Always full, waiting list.
- Long list of upgrades and additions have been completed in the last 5 years. The physical infrastructure, as far as the guests are concerned
- Very simple operational and marketing systems used to manage day to day. Easy to learn and replicate, as well as opportunities to add technology and tapping into unused marketing channels, such as AirB&B for the cabins.

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 sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

The company's fiscal Year End is January 31, so 2025 is the 2024 operating season.

2025 (projected, based on actual revenues achieved)
Revenues: $628k
SDE: $340k

2024
Revenues: $601k
SDE: $331k

2023
Revenues: $565k
SDE: $282k

* 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. 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

With approximately 150 acres of land available, the business offers substantial room for expansion.

Services with multiple wells (3), and an onsite septic system, the business offers a broad range of amenities campers for its campers to enjoy. There is some room to expand on the existing septic and the system could be expanded to accommodate additional sites.

Many electric upgrades have been made in recent years to accommodate the growth. Additional service would be required for significant expansion.

There is a 3 bedroom family home on property with a detached luxurious sauna building, where the owners live year round. Powered by solar, the property is almost 100% self sufficient.

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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