Price: $3,500,000
Annual Revenue: $680,000
Minimum Equity Required: $1,430,000
SDE: $285,000
Location: New Brunswick
Industry: Hotels, Motels, Camps and other Lodging
ID: 1375
Status: New
This luxury 240-site campground sits on 69 acres with one kilometre of river frontage and a small docking area for boats. It also boasts an impressive water park, canteen, gathering place, and a bar with music on the weekends. One of the most up-to-date campgrounds in New Brunswick with a long waiting list.
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 Revenue and SDE:
2021
Revenue: $685,000
SDE: $290,000
2020
Revenue: $555,000
SDE: $205,000
2019
Revenue: $580,000
SDE: $235,000
2018
Revenue: $595,000
SDE: $250,000
** 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 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
This luxury 240-site campground sits on 69 acres with one kilometre of river frontage and a small docking area for boats.
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