RV and boat rental business in southeast TN with real estate
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Fun business with room to grow
This unique business located in southeast TN has a partner who is wanting to exit but the primary is willing to sell the entire business or take on a new partner to buy out the existing partner. The business rents stationary RV's (they stay in the same spot) and boats on a beautiful well manicured property that has many unique amenities. The business is still in growth mode with lots of room to expand and grow.
The property value is around $1m (40 acres) and has over $1m in infrastructure and improvements. Located in a very fast appreciating real estate market. The current partner is paid a 18% preferred equity return which is also 2x the average income for an average business in the US. The best part is the real estate value is worth more than the investment so it is a very secured investment with very little risk.
Price is partner buy out. Owner will consider leasing the property but no owner financing.
The property value is around $1m (40 acres) and has over $1m in infrastructure and improvements. Located in a very fast appreciating real estate market. The current partner is paid a 18% preferred equity return which is also 2x the average income for an average business in the US. The best part is the real estate value is worth more than the investment so it is a very secured investment with very little risk.
Price is partner buy out. Owner will consider leasing the property but no owner financing.
About the Business
- Years in Operation
- 3
- Employees
- 2 (1 Full-time, 1 Part-time)
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2481069
- Listing Views
- 15
Listing ID: 2481069 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. See our full Terms of Use. Learn how to avoid scams.
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