Summary
- Asking price:
-
$3,500,000
- Sales revenue:
- $750,000
- Net profit:
- $343,000
- Years established:
- 50
- Employees:
- 2 to 5
Business description
This is an business opportunity to own a profitable resort for sale in Estes Park, Colorado. A mature and well managed business, the 13 acre property includes 23 rental cabins, an activity center and two spacious owner's quarters. Located adjacent to Rocky Mountain National Park, Colorado's #1 tourist attraction, there are more than 3 million visitors each year. The town boasts a very active event calendar that includes Highlander festivals and its one of a kind Elk Bugling season, when hundreds of elk descend from the park and meander through town. It's quite a sight!
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- There are two additional cabins on site that are leased from the owners under a 50% revenue sharing arrangement.
- Living accommodation:
- There are two homes on the property for the owners. Once is a ranch style 1800 square foot three bedroom two bath home. The other is attached to the office and laundry facilities and is a two story three bedroom 2.5 bath home
- Location:
- Mountain location adjacent to Rocky Mountain National Park
Other information
- Expansion potential:
- This is a mature and well operated business. New owners can expect to see the value of the real estate go up over time, as well as annual increases in revenues.
- Competition / Market:
- There are a number of other hospitality properties that operate in the area.
- Support & training:
- This is to be arranged between buyer and seller, and is dependent upon how much training the buyers require.
- Reasons for selling:
- The owners are retiring.
- Trading hours:
- 8 to 6 pm
- Financing available:
- The Sellers may finance 10% of the purchase price to qualified buyer. In addition, the current lender has agreed to provide up to 80% financing to qualified buyer.
- Website:
-
www.estesparkresortforsale.com