Unique Once In A Lifetime Opportunity
Location:
United States
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California
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Northern California - All Northern California
Industry: Entertainment and Leisure > Other Entertainment and Leisure
Business Summary
Owner seeks partner Excellent partnership & management opportunity with a very rapidly growing outdoor recreation orientated Company. The owner has been in the industry and the business for 28 + years and he now finds himself without a partner in a Company that is rapidly outgrowing his personal capability to manage it on his own.
The Company began in 1986 with around six miles of mineral property, and has grown to include around 68.5 miles of gold-bearing properties along the beautiful Klamath, Salmon and Scott Rivers, and their crystal-clear creek tributaries in Siskiyou County, California. The Company continues to grow as more people become aware of the activity and rising gold prices. A Travel Channel television special, called ''Gold Struck,'' features the 49'ers as one of the best opportunities available where viewers can strike their own gold. This special should continue to spark interest from a larger audience. Having been in the industry and the business for 28 years, the Seller now finds himself without a partner in a Company that is rapidly outgrowing his personal capability to manage it on his own. The Seller would like to have more time to travel during the off-season. In anticipation of more rapid growth during the upcoming years, he seeks to locate a partner(s) to help share in the responsibilities and rewards. In the alternative, he is prepared to transfer full ownership to an entirely new management team, and to make himself available as a part-time paid consultant during the busy months of the year. Contact for more information on this business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$464,627
Cash Flow:
$200,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 1986
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner will train.
Reason For Selling: See summary.
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Click on the "I'm Interested" button above for more information on this Entertainment and Leisure > Other Entertainment and Leisure business for sale.
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Print Listing Id: 70095387
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