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RV PARK-FIRST CLASS WITH EXTENSIVE AMENITIES for sale in NE Tennessee, Tennessee
RV PARK-FIRST CLASS WITH EXTENSIVE AMENITIES
NE Tennessee |
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Offered is a first class RV Park complete with modern amenities requisite to success in attracting today's RV traveler. Revenue achieved in three short years of operation is only one third of forecast potential. RV Parks don't get any cleaner or better planned than this one. Ideal investment for most investors with the added benefit that in future years this will be high value commercial property than can be redeveloped to an even higher and better use. Detailed prospectus available to highly qualified buyers. Contact broker. |
Listing Number: 1542
Ramon Sanchez-Vinas - Listing Broker
871 Sycamore Shoals Drive, Elizabethton, TN 37643
Telephone - (423)930-4237
E-mail -
ramonsv@capitalbbw.com
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| Category |
SERVICE BUSINESSES |
| Sub-Category |
Hotels & Other Lodging Places |
| Asking Price |
$3,150,000 |
| Gross Sales |
$514,426 |
| Cash Flow |
$154,219 |
| FFE |
$125,000 |
| Inventory |
$2,500 (Inventory IS Included) |
| Real Estate |
$2,625,000 (Real Estate IS Included) |
| Employees |
1 - Full-Time
3 - Part-Time |
| Facilities |
152 space RV Park, Retail Store/Office, Fenced Pool with Restaurant Grill, Boat Dock with Slips, Manager's Residence |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
RV industry is forecast to grow at an annualized rate of 2.7% between 2011 and 2016 with further grow thereafter. Demographic trends, the location, and demand are forming the perfect storm for this business to reach $1,000,000 in revenue and more. |
| Growth Notes |
Revenue drivers have turned positive for the RV Park industry. This RV Park is ideally situated in a market experiencing solid, sustained growth. Extensive market research is available to interested, highly qualified buyers. |
| Support Training |
Seller is willing to assist in transitional training although it is expected this prime opportunity with be attractive to and purchased by industry or strategic buyers who understand and are involved in the industry. |
| Year Established |
2007 |
| Financing Terms |
$500,000, 5 years,at 6.5% interest |
| Reason for Selling |
Seller has is approaching pre-retirement; wants to slow down. |
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