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#Business ID: 24129

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Riverside Campground & RV Park

Business Location: Nova Scotia, Canada

Asking Price: CA$ 599,000 Revenue: CA$ 120,000 Cash Flow: CA$ 63,000

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

We know how meaningful the decision of buying a business can be and the importance of getting it right. If you want to work with a professional who cares greatly about your success and delivering more value to you than any other, you have connected with the right team. We are not just a transaction company, we are an exceptional service company. Assisting you to obtain an unparalleled level of certainty and confidence is our priority.

Those buyers who qualify to work with us obtain access to:

1. Our buying and selling process that generates results upwards of 9x the industry average, saving you time, money, and delivering worthwhile outcomes faster.

2. Qualified motivated sellers of established profitable business that are bankable and have undergone a thorough valuation and due diligence on our behalf.

3. A financing success rate of nearly 100% for all businesses we represent.

4. World class business results training program that has proven to generate returns greater than 400%, every single time. Every one of the buyers who acquires a business with us is gifted with tools for growth.

"Your Success is Our Passion"

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

Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. It is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings. This is pre-tax, pre-mortgage, and pre-discretionary expenses.

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

Property Details

Property Type:

Real

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