New Listing: Black Hills Resort & Rental Business
Oct 07, 2022 3:25 pm
True to my word, we skipped a couple Fridays. My oldest started Kindergarten a little over a month ago and part of the expectations for her new school is that parents spend one half-day a week in the classroom. My wife and I will be splitting these duties, so my Friday afternoons have gotten a little fuller. Enough about me, though. On to the deal of the week!
We've got another winner coming out of our office! This business was went live last week and we've already seen some nice traction. Included in the sale is a lovely resort with a main lodge and rental cabins. The business shows nearly 40% profitability and is located in the gorgeous Black Hills.
We don't anticipate this listing to last long. If you have any interest please inquire below. Also, I just wanted to mention that I promise not every email will be of a new listing. Our office has had a busy third quarter and I want to make sure everyone knows what we've got listed! If you know someone that would benefit from this email please pass it along, and if you don't find my messages useful just unsubscribe at the bottom of the page--no hard feelings.
Black Hills Snowmobile Rental
Asking Price:$2,750,000
Cash Flow:$ 327,700
Gross Revenue:$ 825,000
FF&E:$ 450,000 (Included)
Inventory:$ 80,000 (Included)
Real Estate:$1,650,000 (Included)
Employees:8
This is an excellent opportunity to purchase a turn-key resort and snowmobile rental business in the beautiful Black Hills of South Dakota. In business for over forty years, the business has established itself as a leader in outdoor recreation. In addition to lodging and equipment rental, the business also offers a full restaurant, fuel, convenience items, and on-site storage rental.
Facilities
The owners have invested a lot of time and money into the main lodge, kitchen equipment, and rental cabins. All the facilities are in excellent condition and will require minimal investment for the foreseeable future. (Home Based)
Competition/Industry
The business has both direct and indirect competition. Over the last four decades, this business has established a large and loyal customer base.
Potential for Growth
The business has several ways it generates revenue; current owner has some additional ideas for a motivated owner.
Reason for Selling
Sellers looking to pursue other opportunities.
As always, I'm looking forward to hearing from you soon!
Happy Friday,
Josh
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JOSH GRODE WOLTERS, MBA
Business Intermediary
Sioux Falls • Rapid City • Des Moines
2121 W 63rd Pl, Suite 100
Sioux Falls, SD 57108