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Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
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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 Business)
New York
Listed Price: $ 7,500,000
Listing ID: XH333544

Listing DetailsDown Payment: $ 5,000,000
Gross Revenue: $ 2,000,000
Cash Flow: $ 1,260,000
FFE: $ 1,000,000 (Included in Price)
Real Estate: $ 2,500,000 (Included in Price)
Inventory: $ 2,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:

RETIREMENT


Training & Support:

YES. The current Manager has designed and built many new water attractions and rides. He would stay on if requested.


Listing SummaryBusiness 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


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


Financing/Terms:

NEGOTIABLE


LocationLease Expire: 0000-00-00
Option: WATER PARK OWNS THE LAND
Lease Security: 0
Type of Location: Stand Alone
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.


OperationYear Established: 1981
Days & Hours of Operation: JUNE-SEPT 10AM-6PM
Non-owner Payroll: $ 522,000
Employees: Full Time: 150
Managers: 2
Absentee Owner: No