*30 Year Leasehold-interest in a Central California Lake Resort and Marina with 12 cabins, 83 slip marina, general store, and restaurant on 10 acres of waterfront property with permit to build 10 additional cabins and an 80 slip marina expansion * 2020 EBITDA was $1.4+ Million which was an increase over 2019 pre-pandemic EBITDA * Significant portion (46%) of the resort revenue is generated by boat rental income (60 rental boats) with years of pent up demand justifying marina and boat fleet expansion * Opportunity to acquire a long term family business in a high barrier to entry market with significant upside potential through expansion as well as updated management and marketing systems * Proximate to all regional demands including Yosemite National Park, Sierra National Forest, Bass Lake, Mammoth Lakes, Valley Children's Hospital, Madera wineries, UC Merced, UC Fresno, Fresno State, and Madera Community Hospital *. Optimally located in Central California within proximity to Yosemite National Park, Fresno, Modesto and centrally located between Los Angeles and San Francisco

General Info

  • OrganizationContact For Info
  • Established1915
  • Current Owner1982
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square FeetContact For Info
  • ParkingContact For Info
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open HoursContact For Info

Lease

  • RentContact For Info
  • Expiration30 years
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$344,231
  • Monthly Cash Flow$119,133
  • Annual Revenue$4,130,778
  • Annual Cash Flow$1,429,599
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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