Price: $450,000
Annual Revenue: $100,000
Minimum Equity Required: $180,000
SDE: $60,000
Location: New Brunswick
Industry: Campgrounds, Hotel Motels Cottage
ID: 1344
Status: Off Market
This is an excellent opportunity to acquire a seasonal campground business with a lot of potential.
Located in a small town in New Brunswick on approx. 7 acres of waterfront with a splendid view of the sunset by the sea, fishermen’s life and aquatic birds. Water sports enthusiasts such as kiteboarders, windsurfers, paddle boarders and sea kayakers will be very happy as they can launch directly from the campground. Golf courses are also nearby and many other attractions such as sandy beaches, Acadian historical village, Aquarium and Marine Center and a marina across the river.
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.
Annual Revenues and Seller's Discretionary Earnings
2022
Revenue: $95,000
SDE: $60,000
2021
Revenue: $2,000
SDE: -$4,800
2020
Revenue: $5,000
SDE: $700
* 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
There are 42 sites for RV. Included in this property is a 6-room house which could be used as a living quarter.
Outdoor heated pool during summer season.
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