Established Outdoor Adventure Resort with Real Estate in East Tennessee

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Financial Details

Asking Price:
$5,900,000
Annual Revenue:
$2,294,255
Cash Flow / SDE:
$754,802
Profit Metric:
Cash Flow
Valuation Multiple:
7.8x
Location:
TN, US
Sources:
Date:
November 01, 2025

Key Highlights

Highly profitable, established outdoor adventure resort with over 30 years of operation.
Diversified revenue streams including whitewater rafting, full-service restaurant/bar, and accommodation (RV/cabins).
Includes $3M in owned real estate asset within the asking price.

Description

This is an exceptional opportunity to acquire a premier, industry-leading outdoor adventure resort located in East Tennessee, boasting over 32 years of continuous, profitable operation. The business model is highly integrated, maximizing customer value through three core divisions: a professionally managed whitewater rafting operation, a full-service hospitality division featuring a restaurant, bar, and event venue, and established accommodation services via RV campgrounds and cabins. The asking price of $5,900,000 includes $3,000,000 in owned real estate and $329,000 in FF&E. With strong cash flow of $754,802 and gross revenues exceeding $2.29M, this turnkey operation is perfectly positioned near major metropolitan areas like Atlanta and Nashville, ensuring consistent customer flow for the next owner looking to capitalize on the growing outdoor recreation market.

Industry Information

Industry Description:
This business operates across multiple sectors including Adventure Tourism, Hospitality (Restaurant/Bar), and Accommodation (RV Campground/Cabins), fitting best under Entertainment & Recreation.
Classification:
Entertainment & Recreation

Operational Snapshot

Year Established:
1993
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Owned
Real Estate Price:
$3,000,000 USD

Assets & Inventory

FF&E Value:
$329,000 USD
Includes FF&E:
Yes

Broker Contact

Name:
Dan Adkins

Listing Details

Listing ID:
b6369e6e-f0e7-4182-a5ed-bef0773a9416
Source Listing ID:
2435904
Deal Status:
For Sale
Last Updated:
November 01, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Adventure Tourism Hospitality Real Estate Included Rafting Established Business