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Quick Facts
Asking Price: | $3,950,000 | |
Annual Revenue: | $478,128 | |
Net Profit: | $32 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 84144931 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
The Rockin’ R Ranch is a family-friendly dude ranch located in Antimony, Utah, a scenic part of Southern Utah near three of the state’s national parks. The ranch sits on 9.64 acres with a main guest house, horse training facility, barn, stables , and riding arena. There is a total of 41 rooms with multiple structures for caretakers and staff to live on-site. There are over 900 acres adjacent and nearby that are also available. The ranch operates June-August and can accommodate up to 170 guests, although it ran at a significantly reduced capacity in 2020 and 2021 -- the stabilized income from operations are in excess of $1,000,000 annually and they showed significant recovery in 2021, grossing $800,000.
The net income includes owner’s compensation as well as discretionary expenses – the ranch is family-run and a new owner would need to be the operator or consider staffing to manage the operation. A former general manager and his wife, who are very experienced in ranch operations and equine practices, would consider post-sale management. The ranch can accommodate up to 30 staff members on site. The price includes all FF&E but the additional acreage and any livestock would need to be negotiated separately.
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Reason for Selling:
Retirement
Additional Details:
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