Campground With Cabins & Restaurant On Kentucky Lake For Sale

Business description

82 full hookup campsites, 11 water & electric sites, all sites have individual electric meters. 6 rental cabins and 5 rental trailers. Restaurant seats 82 indoors and 40 outdoors. Located on Kentucky Lake in TN with levy to create a protected bay. Resort includes outdoor pool. Campground remains 90 to 95% full with annual leases from area customers that use it as a week-end get-away. Priced to sell at $995,000.

Property information

Real Estate:

Real Property Included

Living accommodation:

Current owners live in one of the rental trailers.

Location:

Remote area in TN with metropolitan areas close-by. Most customers live within 1 to 1 1/2 hour drive from resort. Resort is on Kentucky Lake, which is a large lake that offers great fishing and boating for boats of all sizes.

Premises details:

14 acre campground and lake frontage. A protected bay for the addition of boat docks. A boat ramp is in place.

Other information

Expansion potential:

There is room for 8 to 10 more lots without much effort. If the lots were re-arranged, there would be room for many more lots. The addition of boat docks would be a great expansion. The bay area could easily hold 80 boat slips.

Competition / Market:

Strong business in today's economic times. People are not traveling outside the country for vacation, but they are going on vacation. A property like this is still going strong. Currently, there are only 3 empty campsites.

Support & training:

Current owner is in a position to stay and help with any training that the new owner would want.

Trading hours:

Campground from April 1 to Nov 30. Restaurant Thurs, Friday, Saturday, Sunday from May 1 to Sept 30.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Limited financing may be available. Amounts and terms to be discussed with a viable offer.