MergerPlace

Lodge Rental, Mgmt. & Developmental Oppt

Utah


  • Asking Price: $2,600,000
  • Gross Income: $844,769
  • Cash Flow: $262,522
  • Real Estate: $1,200,000
  • Inventory: Not Disclosed
  • FF&E: $15,000
  • Listing ID: #199819
  • Established: 1991
  • Employees: 6 FT/3 PT

Business Description

This offering represents a unique opportunity to own and develop a business and property in one of the most spectacular mountain settings in the world. The income stream comes from multiple sources. The selling entity handles all of the marketing, management and leasing for on-site cabins owned by other individuals or groups. The seller does rentals of snowmobiles and all-terrain vehicles (depending on the season). They also operate a general store and restaurant for guests and day-visitors. In addition to this "operational income stream," there is already platted, develop-able land for additional cabins or larger scale construction of a lodging facility.


Business Details

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

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT/3 PT

Financial Information

Asking Price: $2,600,000
Gross Revenue: $844,769
Cash Flow: $262,522
FF&E: $15,000
Real Estate: $1,200,000
Seller Financing Available: No

Property Information

Facilities:

The property and business is located adjacent to a National Forest (providing areas to hike, explore and drive rental ATV's and snowmobiles). The property abuts a beautiful mountain river and includes a fishing "pond" for guests. The offering includes the general store, a restaurant, a swimming poll and hot tub with changing building, and a building for the pool and hot tub equipment. There are also cabins on site for employee housing.

Growth & expansion opportunities:

There are lots available for immediate construction of additional large cabins (similar to those in place). There is also substantial development land available for additional housing units. This represents an ideal location and facility for family reunions, corporate retreats, hunting and fishing getaways, etc. As additional housing is constructed and sold or leased, the management and rental business will increase as well. Though not currently permitted for such, the potential exists to develop a true wilderness lodge.

Competition:

This business has a near monopoly on the commercial business as there is no land anywhere close that is commercially zoned. There are individual cabins in the area, but no lodges, hotels, stores, or restaurants of any kind.

Reason for selling:

The primary owner seeks to move on to other business opportunities.

Support & Training:

Will train for 4 weeks @ no cost. Management is involved in the marketing, management and maintenance of a group of cabins that are not part of this listing, handling rentals of snowmobiles and all-terrain vehicles, a small restaurant and a general store. In addition, there is platted and non-platted land for additional development of the property and construction of additional cabins. No special licenses are required.

Contact Business Seller

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Business Listed By:

Marvin Slovacek

Murphy Business Brokers