Asking Price: $1,200,000
Cash Flow: $186,084
Gross Revenue: $240,000
EBITDA: N/A
FF&E: $20,000
Inventory: N/A
Real Estate: $800,000
Established: 1926
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Business Description
Complete Resort with multiple revenue streams. This resort sets on over five acres of Lake Front land on one of the most majestic and beautiful lakes in Texas. Nestled between Metroplex areas like Dallas/Ft. Worth and Shreveport Bossier City, this resort gives opportunity for present and future increased business. This resort and facilities stay booked without marketing and advertising. This Resort has a Marina, Pavilion, Boat Ramp and Fishing Pier. There are multiple revenue streams with a 5 room motel, a café/store, 30 covered RV spaces, 3 cabins, 4 mobile homes,
23 storage spaces, 5 open/boat storage spaces and 21 boat slips.
Detailed Information
Real Estate:Owned Included in asking price Building SF:N/A Furniture, Fixtures, & Equipment (FF&E):Included in asking price Facilities: Café, Five Room Motel, Pavilion, multiple fishing piers, twenty one boat slips, three cabins, three mobile homes, thirty RV spaces majority covered, five open (boat) storage sheds, twenty three concrete floor 10X30 storage sheds with lighting..Competition:There is no real area competition.Growth & Expansion:The owner has not had any rate hikes in years despite the facilities being full and consistently having a waiting list on all facilities. Also, the present owner spends little to no time or money on marketing or advertising. Increased revenue and profit could be created by increasing and more effectively creating additional RV spaces Financing:50% down Support & Training:Present owner willing to allow for a training and support period Reason for Selling:Moved does not want to commute. Kids in college & military, want to travel.