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Premier Hunting and Fishing Accommodation Business

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Complete NDA for Full Overview

Price: $3,345,000

Minimum Equity Required: $1,300,000

Location: Ontario

Industry: Hotels, Motels, Camps and other Lodging

ID: 1439

Status: New

Description

This prominent accommodation business has been a top destination for fishing and hunting enthusiasts. With access to over 40 lakes within a short drive, guests have enjoyed diverse fishing experiences, targeting species such as lake trout, northern pike, walleye, and smallmouth bass.

What makes this business more unique is it has 5 Bear Management Areas that offers bear hunting exclusively to its guests.

The lodge's commitment to exceptional service, knowledgeable guides, and a welcoming atmosphere has fostered a loyal clientele, with many guests returning annually for memorable experiences.

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

Financial Information

Shall be added soon.

* 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. Typical loan amortizations for businesses like are 20 years. 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

The business operates on +/- 6.3 acres of land, close to a prominent provincial park.
It features more than 10 beautifully maintained cabins, exclusive access to over 40 lakes within a short drive, and over 90 boats available on outlying lakes.

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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