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 property boasts an impressive water park, canteen, gathering place, and a bar with music on the weekends. One of the most up-to-date campgrounds in New Brunswick with a long waiting list.
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 Revenue and SDE:
2024 Projections
Revenues: $750,000
SDE: $305,000
2023
Revenue: $715,000
SDE: $285,000
2022
Revenue: 651,460
SDE: 249,600
2021
Revenue: $685,000
SDE: $290,000
2020
Revenue: $555,000
SDE: $205,000
2019
Revenue: $580,000
SDE: $235,000
2018
Revenue: $595,000
SDE: $250,000
** 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. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
Real Estate
This luxury 240-site campground sits on 69 acres with one kilometre of river frontage and a small docking area for boats.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
