Lakefront Glamping on 24 Pristine Acres
Welcome to your luxury lakeside retreat, where you've just connected with a newly constructed glamping operation that will meet the needs of many qualified buyers. If you are looking for a fulfilling lifestyle in the wilderness, where the air and water are untouched, and the sights and sounds of nature fill you daily, or, you have a need to acquire a business that can be significantly grown to provide life changing wealth, then this will be worth your time.
- First opened in August 2022, the owner's personal circumstances have them now focused on retirement.
- Can be operated with just 2 dedicated staff, much easier if living on-site. To make life a little easier, some part time support would allow for many more freedoms and flexibility to relax and enjoy the natural surrounds, including a significant body of fresh water
- Currently offering 8 luxury domes, all with hot tubs, and all built with quality and longevity in mind, there is significant room for expansion. The only advertising being done is via AirB&B
- There is approximately 2 acres of lake front that has yet to be developed, in addition to another 10-12 acres that can be developed. Turning your vision into reality is now at your fingertips.
The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.
By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Annual Revenues and Seller's Discretionary Earnings, with December 31 year end.
2024 year to date, as of July 30
Revenues: $190k, includes advanced bookings for August. Projection for balance of 2024, based on 2023 results, is in excess of $320k
2023 (First full year of operations)
Revenue: $320,000
SDE: $160,000
* 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.
This newly built luxury Glamping business is situated on a breathtaking 24 acres of land, with a spectacular slice of lake front on one of the largest lakes in Atlantic Canada. Over 50% of the property is available for continued expansion, providing endless possibilities.
The business is serviced with on-site septic, drilled well, and multiple 200 Amp services (3 total). All electric and water is underground, which protects the natural feel of the guest experience.
Office - 25'x20' - includes constant pressure system for whole camp, heat pump, fridge, star link satellite providing full coverage.
Double Garage / workshop - 26'×40' - 10' garage doors. Initial plan was to do laundry here, all laundry done by 3rd party offsite. There is sufficient room and utility connections to convert into owners quarters should you so choose. Currently used for storage.
Financials (USD)
Asking Price $1,004,946
Cash Flow $115,677
Sales $231,354
Converted From CAD
Exchange Rate $0.72
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
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