Business
For Sale:
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Texas RV Park Parks Campground Campgrounds For Sale
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Listing
Number:
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resort0408021(Texas RV Park Parks Campground Campgrounds For Sale) |
Location:
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East Texas
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Describe Business:
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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.
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Asking
Price:
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$450,000 - THIS BUSINESS HAS SOLD
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Annual
Revenue:
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$140,000 |
Annual
Profit:
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$65,000 |
Owner
Financing:
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maybe
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Down
Payment:
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Real
Estate
incl. in Purchase Price:
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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
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