Business For Sale Listing 96196
Top Fishing Lodge with 450’+ Lakefrontage
Status as of Nov-22-2008 at 06:10 PM: Off The Market
Business Summary
DESCRIPTION: This premier lodge in Forest City, Maine was selected as Number 2 of North America’s 25 Best Fishing Lodges by “Field & Stream.” (December/January 2006). “… among the best of the old-time Maine sporting camps!” It is a traditional sporting camp ideally located amidst the spectacular lake country of eastern Maine. The comfortable facilities accommodate 35 guests and have private owners’ quarters in the main lodge. Since 1952 it has provided both the experienced angler and the vacationer with the time-honored traditions of hospitality, friendliness and proven fishing results. The operating season begins at ice-out in May (Maine’s spring) and runs until the end of September. American plan lodging income is the primary revenue source with additional income generated from boat and motor rentals, bait and fuel sales and general merchandise revenues.
MARKET: The lodge is located in Maine’s finest fishing area and prides itself on serving a loyal repeat clientele. Some individuals come back and fish twice during the season and some groups have been coming every year for 26 consecutive years. There are several nearby competitors each with a different style. The season can be extended to market to different segments of the outdoor travel market. The family vacation / eco tourist traveler is a natural guest. Game hunting during Maine’s crisp fall days is another expansion opportunity. The lodge is adjacent to significant forestland with miles of gravel roads suitable for various hunting expeditions.
FACILITIES: 6.75 acres with 456’ of frontage on East Grand Lake. Improvements include a main lodge with fully equipped commercial kitchen, laundry and pantry storage capable of feeding 35 guests three meals a day. The main lodge also includes private owners’ quarters. Ten heated cabins are strategically placed around the compound. A fleet of 10 watercraft along with numerous non-motorized equipment including four mountain bikes are included.
Categories
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Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($385,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($178,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
Pro-forma |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,900,000) |
