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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,750,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Lakefront campground has been in business for over 60 years. Located on major tourist route, a one minute drive to World Famous Hopewell Rocks, and within 30 minutes to Fundy National Park, Cape Enrage, Marys Point, beaches, and shops. Property features 140 camping sites including 30 and 50 amp serviced RV sites, a private cottage, 6 cabins, an inground pool, store, coin operated laundry facilities, 2-3 bedroom apartment, office, washrooms, playground, storage buildings, canoes, kayaks, paddle boats, golf carts and more. There is a direct walking trail from campground to Hopewell Rocks and access to shoreline trail system. Guests have use of private lake area and a stunning view of the Bay of Fundy. Business has numerous repeat clients and repeat tour groups. Bookings already in place for 2024 and 2025 season! Property sits on over 60 acres with water frontage and mature trees. (id:39198)
Location
Province
New Brunswick
City
Lower Cape
Address
4325 Route 114
Postal Code
E4H3P1
Location Highlights
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Listed by
RE/MAX Avante New Brunswick listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,200
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$2,750,000
Asking Price
$2,750,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,200
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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