Ontario campgrounds rv and trailer parks resorts for sale

Located approx 11 Kms outside of Owen Sound and the Georgian Bay Area sits this Awesome opportunity to own and run your own Campground/Resort Business equipped with near new $200k Inground pool, Year round home with Apartment, income being generated from 70 Seasonal Sites with H.W.S., 20 H.W. sites, 9 tenting Sites and 7 Cabins. This Resort boasts a 90 % repeat clientele as it has been Operating since 1970 and owned by the Present Owners for the last 12 years. The Campground occupies approximately 15 acres and the sites which average 30 x 60 are extremely private and the property shows definate Pride of Ownership. Seasonal rates range between $2856-$3800 per season. There is a 1600 sq ft Rec Hall for the Campers use with Kitchen facilities and washrooms. The property also boasts a small store (Sunny Scoops) which is equipped with the latest in Slush Machine and Ice cream freezers and Required Accessories. All Buidings and Equipment including Pool and Water supply are in full compliance with Ministry of Health. Hydro meets ESA standards with all on 30 amp /50 amp breakers and individually metered.The Seller is in the process of providing an ECA for the new owner so to be in full compliance with Ministry of Environment for their Septic systems. Gross income for the Resort is approximately $350K as reported for 2022 with Net after attributable day to day expenses of $70,000.00 providing $280,000.00 net Income providing an 8% Cap.

In Addition to the Resort and this is a major bonus and sitting on a separate deed is an aprox 1530 sq ft., less than 5 yr old 3 bed bungalow with full basement apartment on 8.3 Acres. The present owners are related to the Park Owners and Operate a Candle manufacturing Business in approx 2000 sq ft. section of a newer approx 6000 sq ft building known as THE BARN. This building was added to the property and also is used for storage and contains horse stalls which compliments the park as an added feature for the park clientelle and are personal horses to the owners. This 8.3 acres is on a separate deed which could be separated from the Resort or the owners of both this Candle business and Resort would prefer to sell together. This Business generates on paper from Jan 2022-December 2022 approx $325,000 with net after expenses including employee and raw product costs of $181,000.00 giving a net Income of $144,000. The asking price for this entity is $1,500,000 Total net Income on both combined businesses is $424,000.00 which yields an overall Cap rate on the Entire package of 8.48 % on a purchase price for both of $5,000,000.00 This property is a must see to really appreciate the setting and the Income Opportunities. This is an exclusive listing and information will only be provided to potential Buyers by way of a Confidentiality agreement and Buyer Agency agreement being executed. Please as per the Seller Do Not attempt to drop in unanounced as all appointments and showings shall be arranged for qualified Buyers only and must be prearranged by the Listing Broker Brian McKinlay. Thank you for your interest

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