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Asking Price$910,000
Revenue | $336,528 |
Established | Undisclosed |
Cash Flow | $41,463 |
Employees | 2 full, 12 part |
FF&E | $850,000* |
Franchise | No |
Inventory | $50,000* |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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This Canadian hunting and fishing lodge is located on the English River and is accessible by both car and plane. The lodge management organizes the annual schedules for fishing and hunting expeditions to keep visitors active. Fishermen and sportsmen come for the wide variety of available game: bear, deer and waterfowl, among others. Specifically, this retreat is the only camp in the area that hunts moose, offering excellent trophy racks. Included with purchase: four newer VIP cottages, two newer staff quarters, 30'x30' water purification system, storage building, motor storage building, two-story 2400 sq. ft. home with double decks, new 12'x30' shower house at the campground. Also included are 35 boats and motors (worth $300,000 alone) plus all the chattel: cottage furnishings, custom built dining tables and chairs, kitchen equipment, three generators and two water purification systems. Each cottage is equipped with separate beds, three-piece bathrooms, 24-hour electricity, and propane or baseboard heat. In total there are 32 buildings at the main camp, plus the main lodge, manager's quarters and ten buildings at the campground. Being mainly an absentee business, this would be a great investment for a hunter who would enjoy a getaway a few times a year. Currently run 100% absentee as owner maintains primary residence in the U.S.
Financial Overview List Price: $910,000 Gross Sales 2014: $336,528 2013: $316,094 Owner Profit/Cash Flow 2014: $41,463 Valuation: The valuation was determined based on Cost to Create. It would cost a person far more than $910,000 (Purchase Price) to recreate the business at hand. With the established cabins, storage facilities, main lodge, and other buildings that are fully furnished along with the active website, recurring clientele, and boats & motors – the business would cost millions to create from scratch
Assets Included in Purchase: $900,000 Furniture & Fixtures, & Equipment: Fully furnished cabins, lodges, storage facilities, and all equipment needed to run this operation ($550,000) Vehicles: 35 Boats & Motors ($300,000) Intangible Assets: Fully functioning and usable website Inventory: $50,000 *amounts may vary Business Information Year Established: 1984 Location: Ontario, Canada Reason for Selling: Seller has been diagnosed with Cancer Employees: 2 General Managers and 12 Seasonal Workers Hours: Seasons run from June to October Seller Training Period: Seller will assist for 1 Season Current Owner’s Responsibilities: Currently running the business absentee
Facilities: | four newer VIP cottages, two newer staff quarters, 30'x30' water purification system, storage building, motor storage building, two-story 2400 sq. ft. home with double decks, new 12'x30' shower house at the campground. Also included are 35 boats and motors (worth $300,000 alone) plus all the chattel: cottage furnishings, custom built dining tables and chairs, kitchen equipment, three generators and two water purification systems.
Each cottage is equipped with separate beds, three-piece bathrooms, 24-hour electricity, and propane or baseboard heat. In total there are 32 buildings at the main camp, plus the main lodge, manager's quarters and ten buildings at the campground. |
Training/Support: | Seller will assist for 1 Season |
Seller Financing: | 10% Seller Financing: $91,000 |
Sale Reason: | Seller has been diagnosed with Cancer |
Ad #78578
Seller Reference #REC001
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