Family Amusement & Recreation

www.GlobalBX.com

Listing ID: 700283914

Listing Title: Family Amusement & Recreation

Quick Link: http://www.globalbx.com/listing.asp?bId=283914

Industry: Entertainment and Leisure

Industry Segment: Other Entertainment and Leisure

Country: Canada

State / Province: Nova Scotia

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2014

Number of Employees: 4 - 5

Business Description:
If you answer yes to these questions, then this business will be worthwhile considering as your new home and lifestyle. 1. Do you enjoy being of service to others? How about the experience you provide truly creates lasting memories for families? 2. Would working 5 months and being paid as though you were working an entire year sound good? What would you do with your other 7 months? 3. What if you could find a business that pays for almost 100% of your personal living costs? Food, shelter, auto, travel.....very nice tax advantage! 4. Are you or your spouse handy and enjoy a little hands on care and maintenance? Otherwise, do you appreciate solving problems and coming up with creative ideas? 5. Does a longer term plan to build something new and create value for yourself and future appeal to you? Here is a family recreation business that has a long history in the community and is ripe for a new owner to take it to the next level and create new and additional value. Generating the income this business generates provides a very broad spectrum of opportunity to live a life many will only ever dream of. 7 months off, to plan, to grow, to travel, to explore, to do whatever you choose to do. A full overview and offering memorandum is available to qualified buyers who complete the below Non Disclosure Agreement and have proven they have the minimum capital necessary to be successful in the day to day operations of this business. We do not expect to learn everything about you, however, we do believe a successful transition would require not less than $500k equity from the future owner. Seller's Discretionary Earnings (SDE) for the past 3 years $180k - $195k. Please note: Company pays for 100% of living expenses, essentially a $30k pre-tax per year benefit to the owners. We have included this in our SDE calculations. Additional income of $8k - $10k can be generated from the legal suite. Situated on a 25 acre parcel of land



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