Profitable Northwest Arkansas Lake Resort Company Available!
Black Diamond Mergers & Acquisitions, LLC is representing a unique, one-of-a-kind business on Beaver Lake in Northwest Arkansas. Originally acquired in 2004, the business has grown with new additions and features that make it attractive to their customers who are looking for a relaxing getaway. Management is in place for the transition along with several growth opportunities! At a 6.93% CAP Rate, this is an attractive deal for an investor or someone interested in expanding into beautiful Northwest Arkansas.
Real Estate:Owned and included in asking price.
Building SF:15,308
Employees:11
Facilities:Some of the facilities were built in the early 2000s and some were recently constructed. There is plenty of room for expansion on the 20 acre resort. There is a boat dock with beautiful lake access, as well.
Competition:The busin...
Competition:The business has a good system for marketing which keeps their occupancy rate above 83%. The other competition in the market is smaller and does not offer as many amenities.
Growth & Expansion:Plenty of growth opportunities exist such as adding more lodging units, a restaurant, and a wedding venue.
Support & Training:Owner will stay as long as necessary for an adequate transition.
Reason for Selling:Retirement
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