Location: Nova Scotia Very nicely updated park, set in a beautiful and peaceful setting. This simple park, with a stable income profile, can be operated for the 5 months season by just a couple. A nice blend of seasonal campers, meaning they rent a site for the entire season, overnight sites, and cabins. Updated Office, General Store, Games Room and Rec Hall offer guests a clean comfortable setting and many services and supports to make their experience memorable. For the growth minded, there are multiple areas for expansion in service and/or sites to help increase top and bottom lines, as well as overall value. We'd welcome a discussion to share nearly 20 years of expertise in this space. Financial Information: (Canadian currency) Average revenues over 4 years - $120K Average Seller's Discretionary Earnings (SDE) over 4 years - $63K Based on a recent increase in seasonal rates, SDE is expected to be close to $70K. For sake of example: A $300K mortgage over 20 years would be $1891/Month SDE - Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense. Minimum Equity Required $250,000 Real Estate: 15 acres Well and Septic System Owner "seasonal" Accommodations Total Tax Bill for 2020 - $1240 Price $599,000
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Real Estate: | Real Property |
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Living Accommodation: | Seasonal, not winterized |
Location: | Nova Scotia |
Premises Details: | N/A |
Size in square feet: | N/A |
Planning Consent: | N/A |
Expansion Potential: | N/A |
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Competition / Market: | N/A |
Reasons for selling: | N/A |
Trading hours: | N/A |
Employees: | N/A |
Years established: | N/A |
Support & training: | N/A |
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Financing available: | N/A |
Furniture / Fixtures value: | N/A - included in the asking price |
Inventory / Stock value: | N/A - included in the asking price |
Owner Financing Available: | Owner financing is available. Please contact the seller for more information. |
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