Beautiful 200-Site Waterfront Campground
Description
Located in one of the most beautiful areas of the province, heavily frequented by tourists, and many wonderful options to live a great life outdoors, this campground has been the victim of many updates and upgrades over the last few years, that has positioned it for a easy transition for a new owner.
With over 200 sites, of which 169 are seasonal (separate meter), there is a strong base of business that provides certain revenue and profitability.
Having helped qualified buyers acquire dozens of campgrounds across Atlantic Canada, we've identified many opportunities for improvement in revenues and we have discovered a unique aspect of this particular market that is driving new additional demand for seasonal campers.
The business operates from Victoria day until Thanksgiving. Given the strength of the seasonal nature of the business, it can be run with the support of just a few hands.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. For the purposes of this offering, the price considers Working Capital to 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, if not all, of your questions.
Financial Information
Historical Annual Revenues and Seller's Discretionary Earnings:
*Fiscal year-end is November 30.
2025 Projections
Revenue: $490,000
SDE: $336,000
2024 Expectations
Revenue: $475,000
SDE: $325,000
2023
Revenue: $432,000
SDE: $325,000
2022
Revenue: $410,000
SDE: $326,000
2021
Revenue: $395,000
SDE: $285,000
* Seller's Discretionary Earnings (βSDEβ) 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.
Real Estate
This beautiful waterfront campground sits on 24 acres of land and offers many spectacular views. The property offers 210 sites total, with 169 of them being seasonal, all 3-way and individually metered. For the 41 additional sites, there is a combination of 2-way, and 3-way sites, all of them have water and electricity. Pull-through sites have water, sewer and 30amp.
The property includes 6 cottages and/or cabins, all with kitchenettes, full-size fridge, microwave, burners, and basic dishes. There are 2 pools as well as a rec hall and several bathroom buildings with laundry.
There are owners quarters available in the main office building, along with several work shops on property. Overall, the property is in very good condition.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
Financials (USD)
Asking Price $2,023,629
Cash Flow $206,773
Sales $310,882
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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