Are you thinking about buying or selling a campground?  We can help you make the best deal possible.  Even if you are working with a brokered deal, make sure you have someone on your side to give you the advice to make sure the deal is in your best interests.  We offer services to assist you throughout each step of the process.

Financial Analysis

  • Compare the short and long-term costs of financing using various options to purchase your campground.
  • Determine how using a ROBS (Rollover For Business Start-Up) Plan affects your tax and compensation options.
  • Analyze the administrative costs of ROBS versus traditional financing

 

Phase 1: Investigation

  • Before non-disclosure agreement is signed (NDA)
  • General questions related to the idea of  purchasing or selling business
  • Basic financial considerations are known
  • Rule of thumb pricing analysis with no formal business valuation
  • Advice on what information to request of the other party to move forward into the Due Diligence Phase
  • Expected time frame: up to 2 weeks
  • Includes one strategy session for discussion in addition to email advice

 

Phase 2: Due Diligence

  • Non-disclosure agreement is signed (NDA)
  • Discuss asset purchase vs. stock purchase considerations
  • If Purchase: We will look at financial statements and tax returns of the seller and provide you with questions to ask in your investigation and discuss risks
  • If Sale: We will coach you on answering potential questions of the purchaser and information to be provided
  • Discuss tax ramifications and structure of sale for your best interest interest
  • Expected time frame: up to one month
  • Includes up to three strategy sessions in addition to email advice

 

Phase 3: Letter of Intent and Closing

  • Begins at the time the Letter of Intent is in place
  • Finalize tax ramifications and structure of sale for your best interest
  • Advice on entity selection for resulting business
  • Assistance with the formation of your new entity (additional fees apply)
  • Record fixed assets purchased or sale of fixed assets
  • Prepare Asset Acquisition Statement for IRS filing
  • Expected time frame: up to 2 weeks
  • Includes one strategy session for discussion in addition to email advice
Donna Bordeaux, CPA with CampgroundAccounting.com
What happens when you send two CPAs out into the relaxing outdoors to camp? You get CampgroundAccounting.com.  Donna and Chad have over 50 years of combined experience as entrepreneurial CPAs.  They’ve owned businesses and helped business owners exceed their wildest dreams.  They camp and travel across the country every chance they get, so it’s just a natural fit that they focus their CPA skills on helping campground owners throughout the USA grow their businesses and minimize the impact of taxes.  They understand the key performance indicators and specialized issued that face RV park owners every day.