171. IT'S OFFICIAL! We're Buying a Camp!!! (Just Wait Till You Hear the Numbers)

IT'S HAPPENING! We're officially buying a sleepaway camp – literally, picture the summer camp from The Parent Trap!This deal has been in the works since July, and 4.5 months later, we finally reached an offer with the seller. Today I'm taking you through the whole story of how this fell into our lap, including: The process of analyzing this deal What scared us from almost pulling out What convinced me to finally commit How we found investors The deal structure The short-term and long-term vision for this camp And of course, allllll the numbers! I feel like the last 8 years of my experience in this industry has been preparing me for this project, and cannot wait to reimagine what this property can be. This is the first of many updates about taking over this business so stay tuned! Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices