Campground, profits in 5 months

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Asking Price:
$940,000

Gross Revenue:
$200,300
Cash Flow:
$132,347
EBITDA:
$132,347
Inventory:
$1,000
not included in asking price

FF&E:
$45,000
included in asking price

Real Estate:
$800,000
included in asking price

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Business Description

Neat, clean and easy to run. Over half the income in seasonal and paid in advance. Owners live very well and winter in AZ.

About the Business

Location:
Faribault, Minnesota
Year Established:
1970
Number of Employees:
Owners + 4
Real Estate:
Owned
Facilities:
Interstate Campground, just south of Minneapolis / St. Paul Minnesota and Mall of America. Easy in and out cash and credit card revenue from 71 camp sights with full hook ups + 10-15 more tent and group sights. Recreation Hall, store with coin op laundry and bathrooms. In ground pool, shop / garage and all needed equipment. Two bedroom mobile home for residence. A seasonal business with a great cash flow, staff and all the tools to run efficiently.
Market Outlook/
Competition:
Lots of activities and attractions in the area, lakes, golf, dining, shopping and history tourism. Over 1/2 of the income is seasonal or monthly rentals. A solid business
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About the Sale

Reason For Selling:
Retire
Training/Support:
Active live with training and 12 months of consulting

Listing Info

ID:
1305940
Ad Detail Views:
1967

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$
months
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Business Listed by

Tom Ossell

Orion Resort Sales

 Show Phone Number

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U.S. Census Data for Rice County, MN
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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