MergerPlace

RV Park and Recreation Area

Idaho


  • Asking Price: $4,400,000
  • Gross Income: $560,000
  • Cash Flow: $369,000
  • Real Estate: $4,400,000
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #205327
  • Established: 2017
  • Employees: 3 FT/ 6 PT

Business Description

Exciting opportunity to own a 60 acre recreation area and RV park. As well as 56 RV sites (with expansion underway to add 40 more) there are a number of recreation activities at the park including a water park, 9-hole golf course, corn maze, zip line and tennis courts. The park has been under development for 10 years and has faced a few hurdles in getting the necessary permits to open up. The permits are now in place and the park will open in May 2018.
As well as recreation visitors we expect that there will be significant demand for RV sites from seasonal workers.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Idaho

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT/ 6 PT

Financial Information

Asking Price: $4,400,000
Gross Revenue: $560,000
Cash Flow: $369,000
Real Estate: $4,400,000
Seller Financing Available: No

Property Information

Facilities:

60 Acre facility with all the amenities of a typical RV park plus recreation facilities and clubhouse too.

Growth & expansion opportunities:

There is sufficient land to add further RV sites for minimal cost.

Competition:

There is growing demand for affordable family vacation destinations and this facility does not just offer typical RV facilities, it also offer a number of activities to keep the family entertained. In addition, we would expect a number of sites to be filled by seasonal workers that are moving to the area to take advantage of the growing job opportunities in the area.

Reason for selling:

Owner looking to sell all or part of the business to focus on other business ventures.

Support & Training:

Will train for 3 weeks @ no cost. There is part owner on site that is willing to manage the facility after its sale.

Contact Business Seller

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Business Listed By:

Neil Bradshaw

Murphy Business Brokers