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Mixed Use Resort & Campground

Washington : Amusement & recreation
Listing #8001-7380

First established in 1960 this resort and campground has had many recent updates to the infrastructure and property. Located on the waterfront of the best Largemouth Bass fishing lake in the state of Washington, this resort in the shadow of Mt. St. Helens and offers fishing, boating, meeting facilities, fishing tournaments, family reunions, weddings, company gatherings, overnight school outings, and is a comfortable place for individuals and families to vacation and relax. The resort was taken into receivership in May 2010 and within 12 months, the Receiver turned the situation around and the resort is now cash-flow positive with significant upside potential. The Resort's fiscal year runs May to April.

Asking Price:

$1,575,000

Gross Income:

$292,810

(last 12 months)
Cash Flow:

$175,816

(last 12 months)
Inventory Value:

$20,000

Year Established: 1969 Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: Yes Home-based: No
FF&E Value: $111,000 Training provided No
Real Estate is included: Yes Easily Relocated: No
Value of Real Estate: $1,309,111 Full Time Employees: 3
Real Estate Square Footage: 0 Part Time Employees: 7

First established in 1960 this resort and campground has had many recent updates to the infrastructure and property. Located on the waterfront of the best Largemouth Bass fishing lake in the state of Washington, this resort in the shadow of Mt. St. Helens and offers fishing, boating, meeting facilities, fishing tournaments, family reunions, weddings, company gatherings, overnight school outings, and is a comfortable place for individuals and families to vacation and relax. The resort was taken into receivership in May 2010 and within 12 months, the Receiver turned the situation around and the resort is now cash-flow positive with significant upside potential. The Resort's fiscal year runs May to April.


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