Selling your Minnesota resort or campground
Why choose us? We are professional, excellent communicators, experienced, knowledgable, detail oriented, and friendly. Our testimonials prove that! Our use of the MLS brings over 19,000 more Realtors to the table to help get your resort SOLD.
"After 28 years of owning and operating Agate Lake Resort we decided it was time to put it on the market. What now, we thought? We met with a couple of real-estate companies and settled on Lake Country Resort Sales. The biggest reason we chose them is, Dave, Jennifer and Tim are all experienced resort owners who have sold their own resorts, and they know and understand the industry. They did not disappoint us, on the contrary they were exceptional. They were always there when we had questions and there were many. They are very knowledgeable and each one brings a particular talent to the table. We felt confident our best interest was being looked after and they made the entire process much easier. They are professional, caring, fun people. We were blessed to have them take care of our sale."
Bill and Theresa Garry
*Former Owners of Agate Lake Resort
WHY CHOOSE LAKE COUNTRY RESORT SALES TO SELL YOUR RESORT?
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Experienced And Trustworthy
We have over 68 years of combined experience owning and operating Minnesota resorts, and 50 years of combined experience in real estate sales. Our experience is quite varied! Big resorts, small resorts, investment resorts, resorts with fractional real estate, property management and association management - we can help you in all of these areas.
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Multiple Listing Service
We are the only exclusive resort and campground brokerage in Minnesota that uses the MLS. This means we invite all MLS agents from across the state to bring in qualified buyers. Showing your property to more buyers helps make a sale happen more quickly.
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Selling Your Minnesota Resorts - Compare Us!
We invite you to compare us to any other resort Realtor. Look at their website, their marketing and their experience. Once you have compared us to all of your opportunities, we are confident you will choose us when you sell your Minnesota resort.
"Lake Country Resort Sales and Tim Aarsvold sold our family owned campground quickly and efficiently. There were a lot of moving parts with the sale and multiple parties involved in the purchase. Tim kept everyone on schedule and on task. He also talked us through the process of selling a business that has been in my family for 52 years, and guided us regarding capital gain/tax implications. We got more than our asking price and had multiple offers the first month. Very satisfied with our experience with Tim and Lake Country Resort Sales.."
Mike and Ronda Sammons
*Former Owners of Eastside Acres
MORE REASONS TO CHOOSE LAKE COUNTRY RESORT SALES
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Defining Your Exit Strategy
Before you decide to sell your resort or campground, it is important to have an exit strategy. It is never too early to start creating the exit strategy that makes the most sense for you and your family. Our agents have all successfully exited their resorts and look forward to helping you define the plan that is right for you.
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Helping With Your Strategy
As you define your exit strategy, you will need to ask yourself important questions and get help. What do your audited financial records look like? What reservation system best fits your business? What documentation are you getting ready for new owners? We're here to help.
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The Financial Implications
There are a lot of great accounting firms out there and we are glad to offer some different recommendations based upon your exit strategy. Regardless of which accountant you choose, you need to be able to ask them the right questions for a successful exit.
FREE MARKET ANALYSIS
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What's Involved
Selling your resort is a multi-step process and we pride ourselves in working with you to develop a collaborative selling approach. The first step in developing the right approach is understanding your financial records. What expenses are involved in running your resort? What capital improvements have you completed? What are your goals when you sell your resort? After we have reviewed your numbers and your goals, we can talk about the next steps.
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After The Free Market Analysis
Our collaborative selling approach allows us to discuss a realistic price for selling your resort "as is" and can help set the stage for more discussion about potential selling considerations. Maybe this is just the first part in your exit strategy planning? Maybe you are satisfied with the realistic price? We are here to help.
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Contact Us Today To Start The Discussion
There are only three things you can do with your resort. You can lose your resort to the bank; you can die with your resort; or you can sell your Minnesota resort. Only one of those three options makes sense. Selling your resort is emotionally difficult. We know that. Starting early and developing a plan with experienced Realtors can help you meet your goals.
EXIT PLANNING
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Exit Planning and<br>Financial Review
Before you get ready to sell your resort, there are steps you can take to maximize your sales price AND assure success for a future owner. There are obvious things to do like getting your Profit and Loss Statements up to industry standards, but are you addressing other important items?
Together, we will help do financial projections to help determine future performance and the projected sales price for your resort when you want to sell. We will also look at planned capital expenditures to evaluate whether these expenditures will ultimately lead to a more marketable resort AND give you the return on investment you desire for these expenditures.
We invite you to read our blog article for more details. Depending on the results of this review, you may want to do a Land and Banking Review. It’s never too early to start planning.
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Land and Banking<br>Review
After reviewing the basic details of your property, it might make sense to update your survey. Then we can collaboratively review the local planning and zoning regulations on your property and help make recommendations about whether subdivision and/or zoning changes make sense on your property.
Many property owners are surprised when they learn about the differences between the tax assessor’s valuation, what someone may be willing to pay for the property, and what is ultimately financeable. We will help you understand the tax ramifications of your decisions, different sales strategies, and the 1031 Exchange option.
This is not always obvious, and it always makes sense to start early.
"The decision to sell a business you've poured your heart and soul into for many years is obviously not an easy one to make. Along the road of resort ownership, there are times you want to just walk away and other times you want to wrap your arms around the entire place. Having bought and sold several properties in our lives, and having worked in financial services before owning our resort, we thought we knew what we were doing. However, the team at Lake Country Resort Sales have all owned and sold their own resorts and have gleaned a lot of knowledge in the process. The services provided by David Moe, in particular, help you look at your financials under a microscope to determine the best exit strategy. His advice helped us gain clarity and a game plan for our situation.
Every resort owner, earlier than later, should take advantage of this unique service not offered by any other resort realtor .”
Brian and Heather Sams
*Current Owners of Campfire Bay Resort
SELLER'S BLOG
We would love to help you buy or sell a Minnesota resort or campground.
Please fill out the Quick Form below and let us know how we can help.