Gateway Business Brokers has determined the owner/seller has met our qualification standards of being an established, profitable, bankable business. This is the starting point of our SCS system that has proven to deliver results 3x or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
This modern, family-friendly campground in eastern Ontario consistently attracts customers year after year. The modern facilities and well-maintained amenities, luxury ambiance, and location provide the ability to charge premium rates. The Campground consistently achieves EBITDA margins exceeding 40% with revenues around $1M for the last several years.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenues:
2022: $1,068,000
2021: $920,000
2020: $1,010,000
2019: $1,160,000
2018: $1,120,000
EBITDA margin is over 40%
** 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. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price.
Real Estate
Located on 87.68 acres.
10 X Cabins/Lodge
23 X 15AMP RV sites
14 X 30AMP 2-service RV sites
46 X 30AMP 3-service RV sites
30 X 50AMP Full-service RV sites
15 X Tenting sites
Total: 138 sites/Accommodations
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
