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Listing Details - BEAUTIFUL FAMILY WATER PARK AND RESORT
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BEAUTIFUL FAMILY WATER PARK AND RESORT
(Amusement/Recreation, Amusement/Theme Parks; Amusement/Recreation, Family Entertainment Centers; Lodging, Hotels; Travel Related, Resort Businesses; Water Related)
NEW YORK STATE - New York
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
H333544 |
| Status: |
Active |
Listing Details
| Listed Price: |
$7,500,000 |
| Down Payment: |
$5,000,000 |
| Total Sales: |
$2,000,000 |
| SDE: |
$1,260,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$1,000,000 |
Included? Yes |
| Real Estate: |
$2,500,000 |
Included? Yes |
| Inventory: |
$2,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
RETIREMENT |
| Training: |
YES. The current Manager has designed and built many new water attractions and rides. He would stay on if requested. |
| Financing Terms: |
NEGOTIABLE |
Operations
| Year Established: |
1981 |
| Last Acquired: |
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| Form of Ownership: |
S-CORP |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
No |
| Online: |
No |
| Employees: |
Full Time: 150 / Part Time: |
| Managers: |
2 |
| Hours: |
JUNE-SEPT 10AM-6PM |
| Owner Hours: |
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| Non-Owner Payroll: |
$522,000 |
| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
WATER PARK OWNS THE LAND |
| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
Fifty Acres featuring 3 reservoirs, a 22 unit Resort Hotel and Water Park –many exciting water rides and attractions.THIS WATER PARK HAS THE MOST COMPLETE COLLECTION OF RIDES AND FACILITIES ANYWHERE.The Hotel can easily be expanded to 50 rooms.
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Summary
| Business Description: |
This is a Unique Opportunity to own a 22 unit Resort Hotel and a tremendous Family Oriented Water Park in a beautiful 50 acre natural environmental setting. Resort is adjacent to water park. Resort Hotel can easily be expanded to 50 rooms or more. Water Park has the most complete and Amazing Water Rides and Attractions Anywhere
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| Historical Summary: |
The 50 Acre Park has been in existence for over 30 years and every year they have added more attractions. |
| Owner Qualifications: |
Business savvy. The current Manager would stay on if requested. |
| Competition: |
NONE |
| Potential Growth: |
Unlimited |
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