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Iron Spike Model Train Museum IRS recognized 501(c)3 Transfer Partner

Washington, MO
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Asking Price:$400,000
Established Year:2014
FF&E:$6,500,000
Listing ID: 2272217Listing provided by BizBuySell
BUSINESS DESCRIPTION

Incorporated since 2014, Iron Spike Model Train Museum is constantly changing. We currently operate G-, O-, HO-, N-, and TY-gauge trains. The shareholders have valued their association with the museum and the interactions with individuals who have spent time there. Iron Spike is an IRS recognized 501(c)3 and would need to meet IRS Asset Transfer qualifications. The asking price is the amount to retire the private debt.

Spanning over 10,000 square feet, the museum boasts an array of museum-quality model train layouts in various scales. It's a family-friendly venue that includes a playroom for young children, while maintaining a museum's standard with exhibits that are for viewing only. The museum boasts a diverse range of model scales, distinguishing us from other museums that limit themselves to only one or two. Our exhibits are designed to entertain and educate our visitors. Furthermore, our Recycled Railroad Shop provides a vast array of engines, cars, structures, tracks, and accessories. We operate entirely with the help of volunteers and have deliberately maintained low admission fees to encourage regular family visits. In addition, the Iron Spike Resource Center and Library contain nearly 21,000 books and magazines dedicated to train history, with a collection that is consistently refreshed.

Iron Spike, recognized as a 501(c)(3) by the IRS, is seeking an asset transfer to a similarly structured entity. To facilitate this process, we recommend consulting with legal and financial professionals who specialize in nonprofit asset transfers. They can guide you through the necessary steps and ensure compliance with IRS regulations.

Please use the following link to sign NDA and coordinate a call - https://zfrmz.com/3hlPw4zqQ0kW42K5SRbt

Iron Spike Model Train Museum 1498 High Street Washington, MO 63090
Website: www.ironspike.org
Facebook: https://www.facebook.com/IronSpikeModelTrainMuseum/
eBay Store: https://www.ebay.com/str/ironspikemuseum

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Are you trying to plan a fun day out with the entire family? Come to Iron Spike Model Train Museum! You and your family will learn about the history of railroads, and the opportunities they provided for families. You'll see trains of various scales (sizes) running on massive train layouts! Visit us at 1498 High Street in Washington, MO. Will you be traveling by train? One of the easiest ways to get here is to ride the Amtrak to Washington. You'll enjoy ample parking if you arrive by car or bus.
Financing
Museum is looking to find a 501(c)3 entity to transfer the business assets.
Support & Training
The shareholders will aid in the transfer and transition process. Many of them will also continue to visit and volunteer when possible.
Reason for Selling
Retirement and wants to pass on the legacy
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Peter
Rook
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Peter Rook
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