Campground and RV Center-Cape Cod (Amusement/Recreation; Real Estate Related)

Cape Cod Area - Massachusetts

Seller Financing: No
Lender Pre-Qualified: No
Listing ID: 70421
Status: Active

Listing Details

Listed Price: $2,275,000
Down Payment: $2,275,000
Total Sales: $579,454
SDE: $294,236
EBIT:
EBITDA: $271,000
FFE: $50,000 Included? Yes
Real Estate: $1,000,000 Included? Yes
Inventory: $30,000 Included? Yes
A/R: Included? No
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Contact Information
Coastal Business Brokers
Suite 330 700 Pleasant Street
New Bedford Massachusetts 02740
Office: (508) 990-9800
Fax: (508) 990-4288
Email: coastalbizbrokers@verizon.net
www.coastalbizbrokers.com
Send Email To Agent
Reason for Sale: To Florida
Training: As required. Would consult for up to one year.
Financing Terms:

Operations

Year Established: 1992
Last Acquired: 1992
Form of Ownership: LLC
Home Based: No
Relocatable: No
Type of Location: Stand-alone
Absentee Owner: No
Online:
Employees: Full Time: 6 / Part Time:
Managers: 1
Hours: 24/7
Owner Hours: 50
Non-Owner Payroll: $151,000
Franchise Info:

Location

Lease Expire:
Option: Purchase
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities: This family facility is on a beautiful 64 acre parcel which overlooks cranberry bogs, includes a large pond stocked with bass, and has new amenities such as 2 pools, large recreational hall, game room, laundry room, mini golf, ice cream shop, playground, modern bathrooms, hot showers, general store, gift shop, recreational field and more! It consists of 194 sites, 30 & 50 amp service, daily, weekly, monthly and seasonal sites with full hookups, propane, an RV dealership, service, parts and accessories.

Summary

Business Description: This is a fantastic opportunity to obtain a beautiful family facility with high cash flow! This facility has an excellent reputation and has many return customers. 194 sites, 30 & 50 amp service. This facility often has a waitlist. Consistent finacial history. Beautiful grounds with great potential! The current license allows up to 60+ more sites. Gorgeous 3bed/3bath owner's residence!
Historical Summary:
Owner Qualifications:
Competition: No other family category campground in this area.
Potential Growth: License allows 60+ more sites--plenty of room to expand. Add waterpark, mini storage facility, other amenities. They have the Town's only license to sell vehicles; could expand the RV sales.