DFW Companies For Sale

Texas Companies For Sale
View Other Texas Businesses For Sale

BUSINESS FOR SALE
> resort0408021 - THIS BUSINESS HAS SOLD
Business For Sale:

Texas RV Park Parks Campground Campgrounds For Sale

Listing Number:
resort0408021(Texas RV Park Parks Campground Campgrounds For Sale)
Location:

East Texas

Describe Business:

Texas RV Park Parks Campground Campgrounds For Sale

The offered property, located on beautiful Cedar Creek Lake, consists of a fishing campground, RV park / campground complex, marina, convenience store with beer & wine license, two duplex units, four modular motel units, multiple docks, 2 boat ramps, and numerous other ancillary buildings. The purchaser of this property should benefit significantly from the recent installation of separate electric metering of several permanent/monthly use sites. Further, there is an opportunity for significant upside via modest capital infusion, more intense use of existing facilities, and sale/use of excess land along State Highway 198.

 
Asking Price:

 

$450,000 - THIS BUSINESS HAS SOLD

Annual Revenue:
$140,000
Annual Profit:
$65,000
 
Owner Financing:

 

maybe

Down Payment:
 
Real Estate
incl. in Purchase Price:
yes


Description of Company Fishing campground. Adjacent lakefront homes priced from $400,000 to $600,000. This property has potential to be converted to single family estate lots. MOTIVATED SELLER!

Year Established 1965

Employees Owner operated

Inventory Below
Furniture, Fixtures, & Equipment Below
Vehicles N/A

Real Estate $450,000
Accounts Receivable N/A
Accounts Payable N/A
Debt to Assume N/A
Other Assets


Facilities The property for sale has 120 campgrounds / RV parks / sites, eight with full hookups, 100 with water and electric only (five pull-throughs). Twenty and 50-amp electric service is available. There are two comfort stations, and one dump station. Roads are paved or gravel, sites are grassy. The typical site is 20 x 40 feet and accommodates up to a 40-foot rig.

Facilities for sale include: convenience store with bait shop and beer & wine license; four modular motel units; two duplex units; three modular cabins; one mobile home; two bath houses; clubhouse, currently used for storage; two boat storage buildings; four pavilions, one with kitchen; laundry room; well house; pump house; three storage buildings; nine docks; and two boat ramps, one single ramp and one double ramp.

Several of the RV / campground / park sites are currently leased on a yearly basis and have separate electric metering.

Improvements descriptions:

Convenience store. Two sections, one 15 x 40, the other 8 x 20; frame construction, composition roof, slab foundation.

Modular motel buildings (4). Four units in each 14 x 70 foot building, each unit containing AC unit, stove, refrigerator, beds (12 double, 16 single), night stands, lamps, dinette sets, toilet, sink, shower.

Duplex units (2). (1) 24 x 50 feet, frame construction with composition roof and slab foundation. Two rooms on each side one bedroom, one bath, with living room/kitchen. (2) 32 x 28 feet, frame construction, composition roof, slab foundation. Each side has bedroom, bath, and kitchen.

Modular cabins (3). Two are 12 x 16 feet, frame construction, each with a bathroom, one double bed and two single beds. The third is 12 x 16 feet with two double beds.

Mobile home. 14 x 70 feet three bedroom/two bath with central heat and air, full kitchen, and fully furnished bedroom and living areas.

Clubhouse (Lodge). 37 x 47 and 12 x 30 feet, frame construction, slab foundation, metal roof, central heat/air. Three rooms (two bedrooms, one large room) with kitchen. Kitchen has a commercial gas grill with hood, refrigerator, and gas stove. Other furnishings include four bunk beds, two single beds, four couches, three sets of table and chairs, and a pool table. This building has fallen into disuse and is now being used for storage.

Bath houses (2). The north bath house is 20 x 24 feet, block construction with slab foundation and contains four commodes, four showers, two sinks, and a gas hot water heater. The south bath house is 24 x 24 feet with four commodes, one urinal, two showers, two sinks, and an electric hot water heater.

Laundry room. 8 x 12 frame construction on slab foundation with two Maytag washers and two Maytag dryers.

Boat storage buildings (2). Each metal building is 24 x 100 feet with combined storage for nineteen boats.

Pavilions (5). Property has one large (40 x 30 feet) party pavilion with steel construction and slab foundation. It has a kitchen with stove, sink and refrigerator. There are also three 8 x 12 feet pavilions and one 8 x 28 pavilion with electric and water.

Ancillary Buildings/Items. The property also contains several ancillary buildings including: a well house with a 500 gallon booster pump, a 210 foot well, and a 5,000 gallon storage tank; a pump house; three storage buildings; and a small travel trailer. Also included are numerous business assets including refrigeration equipment in the convenience store, two paddle boats, and approximately 70 picnic tables. A second 14 x 70 foot mobile home is located on the property and would be included with the assumption of its payments (approximately $294.00 per month). It is approximately three years old.

All measurements and descriptions have been provided by a third party and are assumed to be accurate. However, there is no guarantee or warranty, either expressed or implied, as to the accuracy of statements contained herein. Independent verification and due diligence is urged.

Lease Terms

Square Footage


Reason for Selling: Time to retire.

Time seller is willing to remain after the sale: long enough to ensure a smooth transaction

Represented by Broker? yes - THIS BUSINESS HAS SOLD

If approached by a Broker with a potential Buyer, will owner be willing to pay a contingency fee at a negotiated rate? yes



Contact Name: THIS BUSINESS HAS SOLD
Phone: See: www.TexasBusinessesForSale.com
Fax: --
E-mail:

info@TexasBusinessesForSale.com


transparent transparent transparent