Tall Timber Lodge in Pittsburg, NH
Travel Businesses for Sale
- Primary Category: Hotels for Sale
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 details regarding this rare opportunity will be provided to qualified buyers upon signing a confidentiality agreement.
Financial Information
- $3,999,500 Asking Price
- $403,205 Cash Flow
- $2,866,711 Gross Revenue
- Negotiable Down Payment
- Yes Financing
Business Location
- City: Confidential
- State: New Hampshire
Financing Comments
- Sellers are willing to provide minimal seller financing depending upon the strength of the final deal package.
Detailed information
- Year Established: 1946
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 31
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: $158,867
- Inventory Included: No
- Inventory Value: $44,627
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $3,250,000
- FF&E Included?: Yes
- FF&E Value: $650,000
Market Outlook/Competition
- 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, and a solid well-established reputation earned over forty years of family operation gives them a leg up on their competition.
Business Listed by
Jay Polimeno
Sunbelt of New HampshireContact Business Broker
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