Business Overview:
First established in 1960 this resort and campground has had many recent updates to the infrastructure and property. Located on the waterfront of the best Largemouth Bass fishing lake in the state of Washington, this resort in the shadow of Mt. St. Helens and offers fishing, boating, meeting facilities, fishing tournaments, family reunions, weddings, company gatherings, overnight school outings, and is a comfortable place for individuals and families to vacation and relax. The resort was taken into receivership in May 2010 and within 12 months, the Receiver turned the situation around and the resort is now cash-flow positive with significant upside potential. The Resort's fiscal year runs May to April.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets=$1,440,111.
Market Competition and Expansion:
There are 3 competing RV Camping Resorts, a state park, Bed and Breakfast and 3 hotels within 10 miles.
The management company is on track to grow the top and bottom line revenue by another 50% by expanding offerings to the general public, controlling costs and maximizing financial returns. These growth goals are on targeted due to the active marketing campaigns to School groups, marriage and religious retreats, hunting and outdoor clubs, community groups and businesses.
Reason for Selling:
Currently run by integrated receivership
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: