Most Popular Arkansas Canoe And Kayak Rental Business For Sale

Business description

Opportunity of a Lifetime! This business has been here for over 25 years, with a huge repeat customer base. In just the past 4 years however, business has grown rapidly. We are the destination of choice for vacationers from Texas, Louisiana, and Arkansas for river floating, camping and cabin rentals.

There is 35 acres devoted to the business, with locations both up river at our put-in, and down river at our take-out. We are the largest, and one of only three outfitters on the river. We are also the only outfitter to own both access points on the river, lending to long term stability for the business. We are the most convenient location on the river for our customers, key advantage being they float back to their vehicle at the end of the day.

We offer our guests some of the best fully furnished cabins on the river, plus bunkhouse accommodations, tent and RV camping. We have the newest fleet of boats on the river, and buy new boats each year. Most of the facilities including cabins, the bunkhouse, and bathhouses are less than 8 years old. The owners 2000sq. ft residence underwent a complete renovation in 2005 right down to the wiring.

This is a very beautiful part of the country, situated in the Ouachita Mountains. This whole area is a tourist destination for millions out of state, and Hot Springs National Park (the first National Park in the US) is just 35 miles down the road.

You'll enjoy this unique lifestyle of making an annual income in just 4-5 months, leaving you the option of doing other work in the off season, or simply relaxing, deer hunting, traveling, or spend more time with family in the fall and winter.

Property information

Real Estate:

Real Property Included

Living accommodation:

The house that comes with the business is a 4 bedroom 2 bath Ranch style brick home that was built in the late 60's. It was completely renovated and remodeled in 2005 from top to bottom. The location is convenient being here on site, and about a 30 second drive from the office which is on the other side of the river. The office does also have a one bedroom one bath efficiency suite as well. This could be converted into more office space, or accommodations for a manager, or any individual to hang out during peak business times.

Location:

Just 35 miles west of Hot Springs, the business has probably the best road visibility of any operation like this in the State. We are very well situated on a major East-West artery between Little Rock and Oklahoma.

We are also easy to find on the Internet, and get a huge amount of traffic there as well! Our website is on the top of the list for canoe and kayak searches in Arkansas. In fact, try it! Google "Arkansas canoe rentals" We beat out the outfitters on the Buffalo National River! Obviously anything that has the name of the river in the search will bring us up first as well.

Size in square feet:

approx. 2000

Other information

Expansion potential:

The weekends here in May/June/July often see all of our 250+ canoes and kayaks out on the river. We could potentially offer more boats to customers on the weekends. Tube floats are also increasing in popularity, especially for visitors from Texas. Last year we doubled our tube numbers and we could probably use another 50 in a few years the way things are growing.

There is room to expand RV hookups both at up and down liver locations. City water has just been added upriver now. There is a growing need for cabin rentals in the area, and people are building. We have a good potential to market those cabins and get a commission for taking reservations and handing out keys, like we do already with 4 cabins.

Competition / Market:

Competition here is limited to only two other canoe rentals, both of which are smaller. Our level of service and the amenities offered far outweigh the competition. There is always a possibility of another canoe rental coming on the scene, however they would have a difficult time finding river access points that would be as convenient for the floater.

Support & training:

The owner will provide on location training and support to the new owner for a period of 2-3 weeks depending on the need and time of year. An additional 60 days of consultation will be available beyond that point free of charge.

Trading hours:

We're open 7 days a week from 8am until the last boat comes in. In the off-season we're usually open based on appointment.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

The owner is willing to provide an owner financed sale of the property with a minimum of 30% down.
Other terms are negotiable.

Furniture / Fixtures value:

$95,000 (included in the asking price)

Website:

www.caddoriver.com