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Exclusive Texas Resort + Land w/High Growth Potential

North East Texas

Seize the opportunity to own Lake Fork Resort, the renowned Texan oasis, for $549,000—a figure that represents both the thriving business and the valuable property it occupies. Spread over an expansive 87,120 sq ft ( 2 acres) with 9 RV’s/cabins, this investment transcends the typical business offering. While the current annual net profit of $58,655.47 reflects the business's performance alone, the true value lies in the combined potential of the business and the real estate. The resort, established in 1996, has reaped the rewards of a prime location and a solid reputation with minimal marketing effort. This speaks volumes of its inherent potential, which when leveraged with a strategic marketing initiative, could exponentially boost profitability. The asking price, therefore, covers not just a well-established business but also an extensive tract of coveted land in the bass fishing capital of Texas. The future owner has the chance to harness this untapped potential by expanding the resort's offerings and improving its marketing outreach. Consider the land's value, add the growth prospects through diversification like guided tours, an on-site shop, and event hosting, and the investment case becomes clear. The sale isn't just about acquiring a business; it's about investing in a lifestyle and a legacy with vast potential for revenue growth and business expansion. Ownership of the Lake Fork Resort is a proposition of unique value—the chance to escalate a business with proven performance by capitalizing on the combined assets of both the enterprise and the prime real estate it occupies. It's a chance to evolve a successful resort into a haven for fishing and outdoor enthusiasts, promising a lifestyle aligned with nature and profitable business synergy.

Listing Number:

23053

Category:

Commercial Real Estate

Location:

North East Texas

$549,000

Financial Information:

Gross Revenue:

$155,855

Listed Price:

$549,000

Down Payment:

Total Income:

$76,485

Year Established:

2010

Lease Information:

Square Feet:

Total Rent:

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

Equipment / Fixtures:

Inventory:

$3,000

Other Assets:

Real estate

Additional Information:

Full-Time Employees:

Part-Time Employees:

Special License Required:

Contract Staff:

Training Period:

30 days

Reason for Selling:

Retiring

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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