This well located small resort property is located just miles from several lakes, rivers, and streams. In addition to the rental cabins located on the property, the additional services, amenities, and opportunities include hunting of various kinds, archery, scuba instruction, disc golf, propane gas, muzzle loading supplies, tackle, and live bait for the multiple types of fishing available in the immediate area.
In addition, the owner has made a recent purchase of additional property consisting of some 14 acres. This property has a pond and lends itself to expansion of cabins and/or recreational vehicles. This additional piece of property can be acquired by a Buyer for an added price if so desired.
The opportunities that exist for the new Owner consist of expanding the existing services that are currently available while adding several services that should be added to enhance the experience. Those include additional rental cabins, a full deli, boat storage, boat repair, and providing ethanol gas.
2016 year end revenue nearly $490,000 with SDE of more than $72,000.
The pricing includes that of the real estate which comprises about 80% of the total price.
Asking Price: $625,000
Seller’s Discretionary Earnings: $72,254
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