Business For Sale Listing 142129
Mountain Property/Cabin Rental Business
Status as of Jan-8-2009 at 06:02 PM: Off The Market
Business Summary
This is a unique opportunity to own a beautiful North Georgia Mountain property and cabin rental community. This retreat includes over 200 acres with great mountain views, natural hardwood forest, hiking tails, clear streams, and a small private lake stocked with trout. Family owned and operated for over 25 years, the owners have quietly and slowly built a mountain hideaway that has grown to over 80 cabins.
The new owner of this community will have many already established income opportunities/profit centers including: Renting existing company owned cabins. Managing/renting property for private cabin owners. The Welcome center/store. Building new company owned cabins to rent or sell, selling existing company owned cabins, selling 1+ acre lots. (There are many lots available without cabins that are surveyed, have roads cut in, water, electric, and are approved for septic). Building new cabins for lot owners.
Improvements and additions could be made to existing facilities and new amenities could be added. The owners are grossing approximately $600,000 a year from cabin rental income and an additional $600,000 a year from cabin and lot sales. This is based on the current owner's relaxed appproach with minimal sales and marketing efforts. A new owner could aggressively market rentals as well as cabin and lot sales to dramatically increase income. Over the past 5 - 10 years, due to Metro Atlanta's growth, the demand for North Georgia Mountain property has increased significantly. This trend will continue until all desirable and available mountain property is developed.
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