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 is an excellent opportunity to acquire a seasonal campground business with a lot of potential.
Located in a small town in New Brunswick on approx. 7 acres of waterfront with a splendid view of the sunset by the sea, fishermen’s life and aquatic birds. Water sports enthusiasts such as kiteboarders, windsurfers, paddle boarders and sea kayakers will be very happy as they can launch directly from the campground. Golf courses are also nearby and many other attractions such as sandy beaches, Acadian historical village, Aquarium and Marine Center and a marina across the river.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most of your questions.
Financial Information
Annual Revenues and Seller's Discretionary Earnings
2022
Revenue: $95,000
SDE: $60,000
2021
Revenue: $2,000
SDE: -$4,800
2020
Revenue: $5,000
SDE: $700
* 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
There are 42 sites for RV. Included in this property is a 6-room house which could be used as a living quarter.
Outdoor heated pool during summer season.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
