Knutsford Campground & RV Park
Kamloops, B.C.
| This well run campground and RV park with 7 mobiles and 2 houses is an excellent opportunity for a family operation. It offers a rural setting yet only 5 minutes from the Aberdeen Shopping Mall in Kamloops. The present owner of 10 years has reinvested all his profits back into the upkeep and improvement of the business. |
The cash flow is growing each year and there is every reason to expect continual growth. The main source of revenue comes from the RV business which is about 70%. The camping and tenting brings in about 30% of the revenue. The rates for camping is $17/day and RV's are $26/day which includes GST. The business is anticipating an increase of 7% to 10% for year 2000 rates. Additional revenue comes from store sales, laundry, shower and the arcade on site. The 7 mobile homes offer year round cash flow as well. Besides the owner's personal residence the second home serves as extra income year round. For year 2000 the rent will be either $600 or $650/mo. A new basement suite will be complete by spring of 2000 generating another $4,800/yr. The final revenue comes from RV storage. RV storage is in an ever increasing demand as more baby- boomers are investing in motorhomes for travel and need a place to park and store them during the off season. Additional year round/permanent RV's could also increase cash flow. |
The owner has subdivided off 5 acres from the original30 acre block. These 5 acres are also available for sale at a price of $95,000. The 5 acres could be used as a personal residence site, rezoning for more mobile sites, RV and campsites or possibly more RV storage. |
This park is good value as it has only the best of equipment and in great condition allowing for a high operating profit margin. The clients are mostly seniors and families. The RV park reputation is already known throughout the area as a place that sticks to its motto of "clean, green and serene". The park has a list of 4000 Canadian names of which 10% are steady repeat customers. As of Jan/2000 the park already has a major event booking for every weekend in summer. |
Don't miss this opportunity to invest in a growth industry that will only improve as more and more of the aging population wants to experience the RV lifestyle as well as many who long to enjoy the atmosphere of camping in the rural outdoors. |
Copyright
© 2002 www.mobileparks.com
hjesse@mobileparks.com