Your new view over morning coffee!
Rideout’s Lakeside Lodge
Maine Sporting Camp For Sale
Authentic Lakeside Lodge and Cabins
Price Reduction as of December, 2008 – See Below
Is it time to change your
lifestyle?
Established in the 1940s,
this well known lakeside Maine sporting lodge is know
nationally as a
premier fishing and vacation destination. The property includes a classic
main lodge building and 14 rental cabins. The authentic main lodge building
is filled with classic lodge furnishings and historic decor. The cabins are
fully modern with a campy, cozy feel. A comfortable owners (or
managers) suite is located above the main lodge for easy access by
management.
Located on
one of the
largest, most pristine and yet most accessible lakes in Maine, fishing is
exceptional for both smallmouth bass and the prime New England cold water
species: landlocked salmon, lake trout and brook trout. Strong three season
bookings (spring, summer, and fall) are
possible because of both excellent
fishing and excellent recreational opportunities. Bookings
during the
summer are at 100% with families and summer vacationers.
Customers can
choose either a cabin with a complete kitchen (10 to choose from) to cook
their own meals, or a cabin with a food and services package (called the
American plan).
An on-site, fully functional
and fully equipped restaurant is operational all season.
The large lakeside
dining room seats up to 100 and is also suitable for corporate training,
public banqueting, and special occasions. The restaurant is known far and
wide for it's outstanding home cooked meals and desserts and it's lakeside
waterfront seating attracts visitors from miles away.
Featured in several national
magazines, this classic Maine sporting camp is a long time member of the
renowned Maine Sporting Camp Association. It is a "turn-key" operation in
top shape and will require absolutely nothing major from a
maintenance and operational perspective for new owners/managers to assume
operation. Professionally installed docking, new (or newer) boats and
motors, many canoes and kayaks, shops, tools, and equipment too numerous to
list here, are included in the sale. Updated mailing lists, current
contacts, a world class and very well positioned web site (www.rideouts.com**),
documented operational procedures and many other extras are also included.
The lodge boasts a long
standing reputation as one of Maine's most well known sporting and
recreational facilities. With decades of history in the recreational
business, the lodge is truly a "going concern" and will continue to be so
for many years. Many customers have returned to the lodge annually over
the past 20 to 30 years, and there is a very large and still growing
customer base.
Learn how you can "get away from it all", make a very respectable income, change your life for the better, and leave the traffic and cities behind. Come experience "Maine, The Way Life Should Be"!
SERIOUS INQUIRIES ONLY
PLEASE. Please do
not contact us unless you legitimately have the ability to purchase this
property. This is not a distress sale. Our purpose for selling is
to retire within the next 2 years and to provide a seamless transition for
our customers and new owners.
** On the website the five "lower half" lakeside housekeeping cabins,
(#s 16,18, 19, 24 and 26) are not included in this sale, but they are for sale
individually. This sale does include the original main lodge, owners
quarters, restaurant, shops, outbuildings, boats and motors, and the 14
"upper half" cabins.
Summary of Why You Will Succeed
This is a unique business, you get 6
months off a year - A profitable
business in a beautiful location, it’s a grandfathered property that can't
be duplicated, much more than a business - a way of life. Take the whole
winter off if you’d like.
The business is a "going concern" – Your business failure risk is greatly reduced, having been established for over 60 yrs. (est. 1947).
The business has great perks - Basic living expenses covered by business; room and board, gas, auto/truck use, etc. Don't have to own a separate house (and have a separate house mortgage).
The property can appreciate dramatically – New England lakefront property has been known to double in 10 yrs.
This business can generate significant
income - Where can you get
$100,000 clear in only 5 months in today’s market?
There are additional income sources possible - Can open for winter for deer and ice fishing, open in fall for bear and birds. Can convert the business to American plan only (all inclusive plan) over time (multiply current income by 1.3), can develop leaf peeping, seminars, conferences, etc. Restaurant can be reformatted for: destination gourmet dining, expanded banqueting, etc.
This is a turn key operation - Many new systems (water, heating, etc.), fixtures & appliances are all in place. There are minimal annual upkeep costs and no big maintenance surprises!
There will be a seamless mgmt.
transition – Current owner will
stay on as long as needed coaching new owners, and providing further
documentation of all the important processes (a formal completed S.O.P.
manual is a deliverable)
Easy financing / Depreciation / Replacement Costs - Take advantage of currently low financing rates/ You will get a great deal of money back on your personal income taxes (credits against your income on tax form)/ You would be getting 1.28 MM of hard assets with purchase - land, buildings, equipment, etc. - real tangible assets and lakefront property.
Offered at $1,200,000.00
Let me show you in detail the numbers that you'll need to justify the above price.
Qualified buyers only please.
Contact
phone #: 1-207-448-2440 or 1-207-448-2902 from 7am to 7 pm EST