Too Be Disclosed North Bay ON CampGrounds/Recreational for sale $1,575,000

SOLD by Brian!!!!Here is a fantastic Business/ Retirement/ Family opportunity located on approximately 12 acres with over 2000 ft of water frontage allowing patrons over 100 Kilometers of Navigable waterways. This Resort first and foremost eliminates a lot of owner concerns by offering town water and town sewer system which will afford the owner with maximum rentable seasonal sites, also all seasonal sites are metered for hydro.

This Campground/Trailer Park is comprised of 106 Sites with 61 Seasonal Sites with 30 Amp individually metered service which are fully occupied for the 2016 season and there is a waiting list for 2017. There are 43 overnight or Transient sites 14 of which have EWS and 18 have EW and 11 are rough or un-serviced. The park infastructure was upgraded in 2011 from private septic to town sewer service. There are also 3 - 2 Bedroom Cedar Cottages with Full kitchens/living rooms and 1-1 Bed cottage. All cottages are winterized so if the new owner prefers to offer rental accomodation for the ski season the oppoprtunity is available. The present owners operate the Business which has been in existance for 60 years from Friday before May long weekend till Thanksgiving Monday. There are also 2 rental trailers a 2016 Keystone and a 2007 Prestige which add additional revenue to the balance sheet. 

Along with Centralized Washroom/Shower the business also boasts a store/office. rec hall, 2 sandy beaches, room to increase dock facilities from the existing 21 to allow for more revenue generation, 2 boat launches, approved playground area, garage/workshop and laundry facilities for the patrons. This is an awesome income producing Lifestyle changing opportunity and located in an area with all the amenities a family owner operator may be seeking with newer schools, hospitals, nursing home, shopping, restaurants and even a movie theatre. Located approx 3.5 hrs north of Toronto makes this a destination opportunity for patrons and still non- remotely located for the owner. The property also has a 2 storey, 7 bedroom 2 bath open concept with double living rooms, laundry area with washer and dryer for the owner operator.

The Business comes with all tools and machinery necessary to continue it's operation. List of chattels too long to include but will be available to serious offer makers along with full financial statements.  

This facility carries The Good Sam Park designation and has since 2014 and is also a member of the Ontario PCA. 

 

As a Business the property Boasts in excess as per accounting statements net after expenses and before debt servicing approximately $140K from a Gross in excess of $240K with an upside potential and has shown revenue positive growth over the last 4 years. The Sellers preferance is to Sell by way of A Share Sale. I have only covered a brief overview of this awesome opportunity and await serious enquiries. All financial information will only be provided by the writer upon one on one meeting with qualified Buyers and necessary documentation being executed as per the Sellers request.

Further information on this Exclusive listing by emailing the listing Broker Brian Mckinlay Sutton Group Lifestyle Real Estate Limited Brokerage at bmckinlay@live.com or call or text me direct 905-260-1568 or have me paged through my office 905-985-4300. This listing is Exclusive and further information is only available upon execution of a Confidentiality Agreement and a Buyer Agency being signed by Qualified Buyers. Please as per the Owners request do not go direct as the operation of this business can be negatively impacted. To qualify to Purchase the lenders require a minimum of 40% cash down. Thank you for visiting www.ontariocampgroundsforsale.com and come back soon. PICTURES TO BE POSTED SOON>> THANKS BRIAN MCKINLAY

Commercial ID
8476
Posted
2016-07-19
Status
sold
Listing Price
$1,575,000 For Sale
Posession
TBA
Building Type
CampGrounds/Recreational
Boundary
Mattawa
Tax
$9,284 Yearly
Tax Year
2015
Category
Recreational Boating,Recreational Camping,Recreational Fishing,Investment Residential,Land Recreational,Land Rec/Res water frontage,Land Residential,Sale Of Business Accommodation,Sale Of Business Recreational,Sale Of Business Rec/Res (water frontage)
Business Type
Resort Trailer Park Campground
Lot Size
12.27 Acres
Area Influences
Greenbelt/Conservation,Lake/Pond/River,Skiing
Water
Municipal
Sewers
Municipal
Legal Description
Speak to Brian
Parking/Garage
Outside/Surface

Brian Mckinlay

Broker
Can Save Realty Inc.
905-985-4300 Office
905-260-1568 Cell
905-985-1103 Fax
website
website 2
website 3