Tall Timber Lodge in Pittsburg, NH

Pittsburg, NH

Seller Financing Available

Asking Price:	$3,999,500
Gross Revenue:	$2,866,711
EBITDA:	$158,867
Real Estate:	$3,250,000

Cash Flow:	$403,205
Inventory:	$44,627
FF&E:	$650,000
Established Year:	1946

Listing ID: 1936394Listing provided by BizBuySell

BUSINESS DESCRIPTION

Tall Timber Lodge, located on Back Lake in Pittsburg, NH is a four-season sporting camp resort offering vacation cabin and room rentals since 1946. The property and business were acquired by the Caron family in 1982. Since then, the family has improved existing structures and has acquired many new rental units over the last 40 years. The Rainbow Grille, the on-site restaurant was opened in 1998 and offers exceptional dining in a relaxed atmosphere. The resort also offers licensed professional guides for fly fishing and bird hunting enthusiasts; fly fishing schools; fishing boat rentals; and snowmobile rentals.
The property itself, located on 10 acres directly on Back Lake, includes
the main lodge which consists of a registration desk, lobby, deck, gift shop, laundry room, housekeeping facilities, and the Rainbow Grille. There are two rental apartments and eight private rooms located in the lodge, four with private baths ensuite and four with a shared bath.
The resort also features fifteen stand-alone onsite cabins and two apartments on the lower level of the lodge building. All of the cabins and apartments are winterized and available for year-round rental.
Tall Timber Lodge’s vacation rental component includes rental contracts with private owners of 11 off-site properties, from rustic cabins to luxurious homes.
Further financial details regarding this rare opportunity will be provided to qualified buyers upon signing a confidentiality agreement.
https://www.youtube.com/watch?v=W0vfL92bTi8

DETAILED INFORMATION

Location

Pittsburg, NH

Inventory

Not Included in asking price

Real Estate

Owned

Included in asking price

Building SF

10,000

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Resort consists of a main lodge, 2 apartments, 15 cabins, multiple boat docks, and waterfront access.

Competition

Tall Timber Lodge is the premier lodging and restaurant destination in the northern Great North Woods, offering a quintessential “Northwoods Experience”. Although there are many places to stay and eat in the area, the location, quality of accommodations, and fine dining reputation of this resort is unrivaled. There are two primary competitors in the area who offer cabins, lodges, and houses for rent, one of which also has a seasonal restaurant. Tall Timber Lodge feels that with its award-winning on-site restaurant, extraordinary location on Back Lake,

Growth & Expansion

The potential for increased business for Tall Timber Lodge is directly proportional to the amount of experience the new owners bring to the table and the amount of energy they are willing and able to put into the overall operation of the business. The current owners believe that by offering a sit-down breakfast meu (in addition to the existing Breakfast to Go) and a tavern menu in the Rainbow Grille & Tavern will exponentially increase revenues and profitability as there is a dearth of quality dining options in the Pittsburg area. Offering lunch, in ad

Financing

Minimal based on deal strength.

Support & Training

The current owners are willing to stay on and train for two weeks after the transfer of the business at no charge. They are also willing to discuss contracting for longer term training and support depending upon the needs of the buyer.

Reason for Selling

After 40 years running the resort, the sellers are looking to retire.

BUSINESS LOCATION

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