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Updated over 7 years ago on . Most recent reply

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4
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Peter Barth
  • Sycamore, IL
0
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4
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Resort purchase family camp

Peter Barth
  • Sycamore, IL
Posted

There is this family resort that has been for sale taken off the market, but I believe will be back on soon enough.  It has 15 rental cabins with beach front access. It's been in business for 60 yrs roughly but declining rapidly.  I believe this is greatly due to the owners not adapting to the times and keeping up on maintainence and living accommodations.  I believe with new ownership, a little updating, tlc, and restructuring. I think it could be quite profitable again.  How would I go about financing a venture like this?

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