Successful Family Campground
| Asking Price: | $1,590,000 | Inventory: | $15,000 ** |
| Gross Revenue: | $288,000 (comments below) | Real Estate: | $1,390,000 ++ |
| Cash Flow: | $138,795 (comments below) | FF&E: | $200,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: Total adjusted cash flow 2008 | |||
The Fransted Family Campground is a jewel. Visit www.franstedcampground.com for a virtual tour. The current owners are retiring after doing an extraordinary job of building this into a great business. Pride of ownership is every where you look. Consider this campground if you are looking for a business that has a real estate-backed asset, has the flexibility to be operated seasonally or year round, is well established but with more room to grow, has good systems and marketing, and is small enough to operate without an army of staff. You will love the area for its quality of life, and you will enjoy the strong tourisim climate.
About the Business
Year Established:1960
Employees:2 part time
Facilities:37+ acres, 111 approved sites with 97 currently developed. Camp store, party tent, fee based mini golf, brook with swimming & fishing, 50 sites with services and 47 tent sites.
Market Outlook and Competition:The campground industry is booming. Families seeking fun, safe and affordable vacations have rediscovered camping. This campground is 100% family oriented. This is the only privately run campground in this destination tourist area and no new campgrounds are allowed by the current zoning.
About the Sale
Management Training and Support:as needed
Reason For Selling:Retirement
Seller Financing:The seller will consider, for qualified buyers, some subordinate seller financing with market rate terms and a 3-5 year balloon requirement.
KEYWORDS: White Mountains, New Hampshire, Campground, 97 Sites, Campt Store, Mini Golf
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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