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BUSINESSES FOR SALE

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Businesses For Sale   >>   Washington Businesses For Sale Categories   >>   

Mixed Use Resort And Campground

Location  Washington,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $363194
Net Profit / Cash Flow  $216500
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1969
Number of Employees  10 - 19
Inventory  131000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Reason for Sale  Being operated by integrated receivership.
Description  First established in 1960 this resort and campground has had many recent updates to the infrastructure and property. Located on the waterfront of the best Largemouth Bass fishing lake in the state of Washington, this resort in the shadow of Mt. St. Helens and offers fishing, boating, meeting facilities, fishing tournaments, family reunions, weddings, company gatherings, overnight school outings, and is a comfortable place for individuals and families to vacation and relax. The resort was taken into receivership in May 2010 and within 12 months, the Receiver turned the situation around and the resort is now cash-flow positive with significant upside potential. The Resort's fiscal year runs May to April. Located between Seattle and Portland this resort provides a unique investment opportunity for a mixed use property. The facilities includes a 2 story Motel with 7 rooms (15,225 sq ft) which allows for fishing off the room balconies. Also within the motel is a convenience store, fishing tackle store, resort offices, housekeeping supply room and laundry facilities. There is also 5 cabins, 19 RV Units, 12 tent camping units, 16 boats, 600 sq ft meeting room, maintenance and Out buildings. Selling price $1,650,000. For more information please contact Norman Harshaw at 425-232-3876.
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