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Biz Exit Brokers & Advisors

Updated Revenue And Sde- Whitewater Rafting Business Package For Sale

Elizabethton, Tennessee, US
Asking Price:
$2,477,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,113,000 (USD)
Cash Flow:
Available on request

Updated Revenue and SDE- Whitewater Rafting Business Package

2020 was a banner year for the outdoor recreation industry; for this business, it was extremely financially rewarding. Revenue was up 28% over 2019; and that was running at 50% capacity due the the coronavirus. Turns out America was itching to get outdoors in a safe manner.
This offering encompasses all Tennessee and North Carolina operations as a package. One TN operation is on controlled water, meaning you never have to worry about a dry season. The other river was recently rated as one of the best rivers for kayaking and whitewater in the world. These are tremendously important and valuable assets.

This is a great business for someone willing to work hard for six to seven months of the year. 2019 revenue was up 9.87% over 2018. 2020 saw revenue reach $1,113,000 making 2020 the best year ever.

Are you adventuresome? Do you love the outdoors? Are you tired of the corporate rat race and long for something more physically, emotionally, and financially rewarding? Put on your Indiana Jones mindset and ponder this great business opportunity. Businesses like this rarely come available and this one could be yours if you act fast.

We proudly offer the ideal business. A whitewater rafting company that is synonymous with "best in the industry". Wet, wild...but safe whitewater rafting on some of the cleanest and most pristine rivers in North America. The history behind this company is legendary; the stuff great success stories are made of and you won't want to miss.

Work absolutely hard for six months out of the year and travel or relax the other six. This business is a money machine. I was simply amazing at how steadily the phone rings with customers booking trips for their families and/or group. The is all the result of years of hard work building a business that is a well respected brand and has spent years refining the marketing and customer service.

For those of you who have parents that have retired to the Tennessee mountains, this is a chance to move near them and acquire a unique business that will provide a wonderful new lifestyle in a unique business.

Even better news, sales have shown solid increase year over year with bottom line net showing similar, if not more, increases. Expectations are that business will continue to increase revenues as management takes even more steps to promote its adventures and finds more ways to trim costs.

In order to learn about the full opportunity, please request a prospectus. A confidentiality agreement will be required but, believe me, it is worth pursuing this opportunity.

We are truly offering a wonderful business and a lifestyle in one turnkey package. A fully signed and completed NDA will be required as well as proof of financial capability to complete a purchase. Those who qualify will be provided a comprehensive prospectus package outlining this rare business opportunity.

Property Information

Location:

Elizabethton, TN (Carter County)

Premises Details:

Business comes with three properties that will convey fee simple. Two properties front their operational rivers. See confidential business summary for more details.

Business Operation

Expansion Potential:

Business is booming but this one can be expanded. This business is ideal for corporate or travel agency ownership offering corporate outings and overnight stays in the peaceful mountains of east Tennessee and western North Carolina. Great for getaways and corporate retreats. Business could be made part of a more comprehensive bundle of travel vacation offerings. Obtain prospectus for details. As far as water sport expansion, tubing on the river could be instituted with relative ease generating tens of thousands in new revenue.

Competition / Market:

There is competition and then there are market dominators. Not to brag but this business is recognized as the hands down top choice for safe and fun water rafting and customer enjoyment. This business has a well refined operating model that guarantees year after year success.

Reasons for selling:

Built business to national recognition. Time to scale back.

Employees:
10 FT & PT

Other Information

Support & training:

BEST DEAL ON THE MARKET! One full year with business seller as mentor and marketing training; terms are negotiable.

Financing available:

Up to $500,000 ten years, at 5.5% secured by real estate

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$500 (USD) - included in the asking price

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