Price: $440,000
Location: Elizabethton, TN (Carter County)
Industry: Other Services (except Public Administration)
Listing ID: 20200902
We are pleased to offer a 76 acre turn-key adventure park in the beautiful mountains of East Tennessee where taxes are low, people are friendly, and we are surrounded by natural beauty. This operation receives 5 Star ratings all the time from TripAdvisor, Google, and via Facebook. Only 20 % of the property is currently utilized leaving plenty of opportunity to add new venues and revenue. Local development agencies are extremely supportive of all eco-tourism operators in the area. This one is the only business in the local area offering high elevation zip lines and tower rappelling. And did I mention the asphalt go-kart track?
Check out this opportunity before it gets away.
Total Sales: $200,000
FFE: $350,000
FFE Included: Yes
Year Established: 2017
Employees: 0
Real Estate: $305,000
Real Estate Included: Yes
Facilities Information: This property is loaded with physical improvements that bring traffic to this venue. Specific venues are covered in the Confidential Business Summary that will be provided to prospective buyers who submit a complete NDA to cover confidentiality. I am confident an astute buyer will see the tremendous will see the potential to add value and excitement to this already well developed eco-tourism platform.
Reason For Sale: Seller has too many businesses; wants to cut back a little
Training & Support: Will train new owner for reasonable period to insure successful transition.
Competition: Very little direct competition makes this a great opportunity to take over and grow revenue quickly. Eco-tourism is strong and getting stronger each year. Marketing has been somewhat neglected; this creates a chance to boost revenue without a lot of investment.
Potential Growth: This is a seasonal business, much like all the other eco-tourism operations in East TN. Many observers have said a mountain bike course(s) on the property would be extremely popular and would be an ideal destination for those who have taken on the mountain biking craze.
Financing/Terms: 25% down, terms on balance negotiable. Secured by real estate