We may have a fit for you.
Because we operate a going concern (and are very mindful of that), we need to be circumspect in disclosing information regarding the camp. That said, please see below for some general information:We are in the Midwest US, within two hours' drive of airports in Chicago and Madison. The property is over 125 acres, and includes a 1200-square-foot house on the property.The camp can accommodate 200, and has a 5-acre lake suitable for canoeing, paddle boarding and lake play, and a pool, which has been recently renovated. The infrastructure is in good condition, including a relatively new, oversized septic system.We are on private wells (there are two--one for "upper camp" and one for "lower camp" including the camp house) and septic.
It has been and continues to be a fully-operating summer camp. There are not really any competing camps in the area.The last property-only appraisal was 15 years ago at $1.4 million; annual revenue has increased over 70% since then. Total revenue for 2019 was about $381,000 (with potential to grow towards $1 million within 5 years). In selling the camp, we would be selling the property and business, including camper registrations.For 2019, there was about $125-$150,000 annual earnings on income.
Annual real estate taxes are less than $16,000.
All county, state, and federal permits and certifications are current.
There is no pending litigation against the camp.We are looking to sell because I'm not getting any younger!Our website info, including photos of the camp/grounds is available, subject to receiving a signed NDA.
The ideal timeline to sell is within 6 months - 2 years.
Next steps: (1) What's your camp interest story?(2) Please send along general information showing your financial capability to pursue a camp purchase.(3) I'm happy to answer other questions if I can; if there are further pressing questions that I can't otherwise answer, we would have to enter into a NDA. Feel free to email ponderingcampsale@gmail.com.
Thanks!
Peace
