Northern Michigan Cabins and RV Campground

Undisclosed Address, Goetzville, MI 49736
Business Opportunity for Sale
Catylist Listing ID: 30757159
Property Subtypes: Entertainment and Leisure
Building Size (RSF): 8,500 SF
Sale Price: $600,000
Name of Establishment: Witheld
Gross Revenue: $65,000 (Annual)
Cash Flow: $40,000 (Annual)
Sale Terms: Cash to seller, LC terms may be possible inquire with agent.
Last Updated: 9/14/2021

Overview / Comments

Up for sale is a quintessential Upper Peninsula of Michigan campground. Owned for 25 years by that family you want to see every year on your vacation, it has been run efficiently and well cared for, but is seeking new owners, new life and new ideas. Let the boon in recreational travel to remote getaways be the next owner's opportunity to flourish with additional marketing, leverage of exposure and possible improvements of service plans. Six cabins, 20 campsites, a home with two living spaces and the possibility of purchasing the home next door creates a scenario for success. Currently operating for 18 weeks, throughout spring, summer and late fall, the current owner has fishers, hunters, and RVer's of all ages come and stay. Ice fishing in winter, paddle boards on yoga retreats, corporate retreats could all bring more revenue. Watch freighters from afar, boat around the world, or sit back and unplug while you meet new friends and earn a living.

20 RV campsites with water and electric. Dumpout on site.
6 cabins with metal roofs, and foundations, contain all the knotty pine for that perfect Up North Cabin experience
Main residence has 2Br 1BA upstairs dwelling for added revenue.
265 ft of frontage on the St. Mary's River. Daily freighter traffic. See Canada from the front porch!

Additional Details

Industry Segment: Hotels and Motels
Reason for Selling: Retirement
Value of Inventory Included ($): $500
Value of Furniture, Fixtures, and Equipment ($): $30,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $300,000
Employee/Labor Description: No employees
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