Copper John's fishing Resort

Lakeview, AR
Baxter County


Asking Price: Annual Revenue:
$1,200,000 $370,000

Recreation: Campgrounds & RV Parks


Request More Information
Contact the Seller

RE: Copper John's fishing Resort Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $370,000
Net Profit: $120,000
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $900,000
Year Established: 2006
Employees: 4
BBN Listing #: 673659487
Broker Reference #: Copper John's

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Copper John’s Resort is in the beautiful Ozark Mountains of north central Arkansas on the White River which is known internationally as a premier trout and fly-fishing destination. Arkansas’ temperate weather allows you to fish year-round.
This quaint resort rests on the banks of the White River approximately 1 mile below the Bull Shoals Dam. Water comes out of the dam at a temperature that is conducive to keep trout constantly feeding which produces trophy size fish. You can catch rainbow trout, cutthroat trout, brown trout and brook trout in the river or go to Bull Shoals Lake and catch bass, catfish, perch, etc. Your choice!
The owners of Copper John’s opened the resort in 2006 and pride themselves in providing the hands-on service their customers have come to appreciate. The return rate of past customers is extremely high.
The resort sits on 6.52 acres on the banks of the White River and includes 11 cabins of which 6 are fully furnished (one will hold up to 10 people) and 5 “camper cabins” and a remodeled bathhouse. Other rental units include 28 full hook-up RV spaces, 11 of these spaces have modular homes you can rent or bring your own RV and stay for a season. Also, on site is a nicely equipped fly and tackle shop stocked with snacks and all the needs for the day or your stay.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Real estate and business combined are priced at $1,200,000. Cash flow is $120,000 per year based on rental of cabins and modular units and RV spaces. Store and propane sales make up balance of sales. Both owners work in the business with the husband being paid through his guiding services. Guide services, gear and fishing lessons are provided by experienced guides who can show you where to fish and what bait to use. The guests hire and pay the guides. In 2019 4 guides were paid on 1099’s. There are several highly sought-after guides if more guides are needed. One owner works on site and draws a salary. In addition, there are 3 more full time employees (at least 30 hours/week) that help with booking, house cleaning, etc.

Market Competition and Expansion:

There are several resorts in the area from super large to others about the same size as Copper John’s. The owners have chosen to provide their personal attention, so they have kept the resort more intimate. There are several improvements that could be made on-site to produce more income. The general store could be converted over to a package store with a liquor license. In addition to the package store a liquor license would allow a bar to be maintained up on site as well with the addition of a grill. Community space would be utilized to a greater degree. Current owners had considered adding the “Gravel Bar” but time and lack of energy prohibited that venture. If a dock could be placed on the river this would increase possible traffic for the bar/grill. The number of “cabins” could be increased by removing some of the modular units and possibly upgrading the cabins and charging more and a general face lift would help.

Reason for Selling:

Family

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!