pismo coast village shares for sale 2020

Income from resort operations for the three-month period ended March 31, 2021, increased $340,980, or 24.1%, above the same period in 2020. Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the 1934 Act is recorded, processed, summarized, and reported within the time periods specified in the SEC's rules and forms. Intl: (407) 917-8432. MLS# SP20219611. All kids enjoy days at the beach strolling along sandy shores, digging for clams with a permit, playing sand volleyball, and building sand castles. Events subsequent to March 31, 2021 have been evaluated through May 7, 2021, which is the date the financial statements were available to be issued. You'll encounter few travelers, but you may have to deal with some cloudy days and the occasional rain shower. Consent not required for purchase. Finally, the Company collects Transient Occupancy Taxes (TOT) and Tourism Business Improvement District (TBID) assessments from guests which are remitted to the City of Pismo Beach and County of San Luis Obispo and are excluded from revenues. The Company's current cash position, as of March 31, 2021, is $8,156,893, which is 58.9% more than the same position in 2020. Similarly, visitors look forward to spend a few hours at the Avila Hot Springs where they can obtain a day pass to soak in the natural artesian mineral hot spring. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK. This expense primarily reflects financing for trucks used in the companys RV storage and towing operation. Enter your details below to be emailed when inventory matching your specifications becomes available. Harmony Ridge Resort, family campgrounds and RV park in northern California includes 100 full and partial hookup sites for RV and tent camping and log cabins. sig. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright 2023 laws. Asking $2500, dues are current, buyer pays transfer fee, 919 933-4606 jradkins@earthlink.net, More Memberships For Sale on the next page. The majority of the balance is due to timing differences of depreciation expense, caused by the use of accelerated depreciation methods for tax calculations. Shoulder seasons are in fall and spring, with October being a popular month to see the annual migration of monarch butterflies happening at the Butterfly Habitat on the North End of Pismo State Beach. WorldMark Pismo Beach. Virtual Tours, 165 South Dolliver Street Pismo Beach, CA 93449, (888) RVBEACH By using this website, you agree to our Terms of Use. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. Pismo Coast Village RV Resort Timeshares for Sale WorldMark Pismo Beach 100 Ocean View Ave., Pismo Beach, California, 93449 Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. Garry Nelson, President and Chairman of the Board, Jerry Roberts, V.P. It is anticipated the published rates will continue to market site usage at its highest value and not negatively impact the Company's ability to capture an optimum market share. Download Brochure, RV Storage The Company does not expect any material changes through March 31, 2022. Each share of stock is intended to provide the shareholder with free use of the resort for a maximum of 45 days per year. The provision for income taxes for the three and six months ended March 31, 2021 and 2020 is as follows: The Company uses the asset-liability method of computing deferred taxes in accordance with FASB ASC Topic 740. and consent for BuyATimeShare and. Paradise Cove Resort and Marina, Rockaway Beach, Oregon has a marina, clubhouses, swimming pools, Jacuzzi, tackle shop, Revenue is recognized when spaces are occupied or goods and services have been delivered or rendered, respectively. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. Enter your details below to be emailed when inventory becomes available. The following financial statements and related information are included in this Form 10-Q, Quarterly Report. Revenue from other ancillary goods and services accounts for the remaining 2% of revenue for the period ended March 31, 2021. saving this search sig. Management did not believe an allowance for doubtful accounts was necessary as of March 31, 2021, September 30, 2020, and March 31, 2020. 3. Consent not required for purchase. These resorts range from old-fashioned and comfy to sleek and modern. You may see more crowds, but. Copyright 2023 - Timeshare Broker Associates, LLC - All Rights Reserved Site Powered by, I give my elec. The Company develops its income from two sources: (a) Resort Operations, consisting of revenues generated from RV site rentals, from RV storage space operations, and from lease revenues from laundry and arcade operations by third party lessees; and (b) Retail Operations, consisting of revenues from General Store operations and from RV parts and service operations. Adjustments to reconcile net income to net cash provided by operating activities: Changes in operating assets and liabilities: Net cash provided by operating activities, Principal payments on capital lease obligations, Net increase in cash and cash equivalents, Cash and Cash Equivalents Beginning of Period, Cash and Cash Equivalents End of Period. Pismo Preserve features 900 scenic acres to explore and go bike riding, hiking, or horseback riding. These levels are well within the guidelines established by management for the individual category sales of RV supplies and General Store merchandise. Service 4.2. We have reviewed the balance sheets of Pismo Coast Village, Inc., (the Company) as of March 31, 2021 and 2020, and the related statements of operations, and statement of changes in stockholders equity for the six-month periods ended March 31, 2021 and 2020, and statements of cash flows for the six-month periods then ended, and the related notes (collectively referred to as the interim financial statements). A balance of $83,938 is available if the Company requires additional funding from the line of credit. 1,775. There is also Holiday RV Park which has no shares available but does have a list of shares for sale by owners. and consent for Timeshare Broker Associates to send me offers at the above phone number. Our . Really good price. cchris1981@verizon.net. When it first. NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNRTING POLICIES. Pismo Beach timeshares invite families to enjoy classic California beach adventures they'll never forget. Membership was established in 2004. Information deemed reliable but not guaranteed. to receive alerts when results become available. Due to the nature of the business, the Companys revenue is not significantly impacted by refunds. boat and trailer rentals. Dues have been paid currently so no past due dues all 1000 Trail and NACO campgrounds. The Company expects the RV service facility project to be completed and bond satisfied by June 30, 2021. sig. Search for. Total depreciation and amortization expense was $198,568 and $204,700 for the six months ended March 31, 2021 and 2020, respectively, and $98,687 and $101,602 for the three months ended March 31, 2021 and 2020, respectively. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. The increase in the RV Service program revenue reflects effort to target new business and new inventory. Buyers are advised to confirm all data provided. In addition, in a national My Favorite Campground contest sponsored by Woodalls, Pismo Coast Village was voted as one of the top ten favorite campgrounds for 2011. It is the policy of management to review the outstanding accounts receivable at year-end, as well as historical bad debt write-offs, and establish an allowance for doubtful accounts for estimated uncollectible accounts. Listings displayed are the property of the member Associations of the North Santa Barbara County Regional MLS. Retail revenue, and specifically General Store revenue increased 36.0%, above the same period ended March 31, 2020 due to increased occupancy. Walk along the Pismo Pier and stop to cast a line to catch red snapper, cod or even a thresher shark, with no license needed. Golfers enjoy scenic courses with challenges for all skill levels. these are still light compared to the summer high season when locals and tourists flock to the beautiful beaches. Your new yearly membership fee is $500. Really nice package for price. Accordingly, we do not express such an opinion. The earnings per share are based on the 1,775 shares issued and outstanding. After one trip to the WorldMark Pismo Read More, Great Campground Vacations at Pismo Creek RV Resort Very motivated sellers-we are relocating. The Company uses the asset-liability method of computing deferred taxes in accordance with ASC Income Taxes topic. The Company has a revolving line of credit with Pacific Premier Bank (formerly Heritage Oaks Bank) for $500,000, expiring April 1, 2021. Pismo Beach timeshares can promise ocean views and all of the comforts of home. Price $1999.99 plus transfer fee of $249.75 Can join R.P.I. I also agree to the, I give my elec. sig. The General Store is a Hub of Activity Stays at preserves can be reserved 90 days in advance and can be up to 14 days. Management continues to place importance upon ongoing review of retail product mix, pricing, attention to service, and staff training. Copyright 2023 North Santa Barbara County Regional MLS. Swimming pool, lake, recreational activities, store on site. Take a ride on a biplane along the scenic coast for more memory-making fun times. YES [ ] NO [X], APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY. 2022 Annual Report: This report is an analysis which discusses the Companys financial condition as of September 30, 2022, compared with September 30, 2021. https://www.pismocoastvillage.com/AnnualReport2022-PCVwebsite.pdf, Companys Code of Ethics: This codes covers a wide range of business practices and procedures. Busy season is in summer when people are out enjoying California's famous sun and surf. (CRMLS) 4 beds, 2.5 baths, 1641 sq. I give my elec. Will sell for $5,000, including transfer fee of $700. If you want to avoid the crowds, then visit Pismo Beach in the winter. Deferred income taxes arise from temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements, which will result in taxable or deductible amounts in the future. With storage, you can have your RV delivered and set up for you ahead of time. Resort amenities create a truly memorable stay. At March 31, 2021, September 30, 2020, and March 31, 2020, property and equipment included the following: NOTE 3: PROPERTY AND EQUIPMENT (continued), Furniture, fixtures, equipment and leasehold improvements. Unwind next to the swimming pool or in the hot tub before preparing dinner at one of the BBQ grills. Buyer may receive a title fee credit, inquire for details! On California's Central Coast lies gorgeous Pismo Beach. It's an incredibly scenic stretch of coastline that's dotted with charming coastal cottages. Choose the atmosphere of your choice. LP Gas, Photo Gallery The resort can supply information on the area's attractions and amenities . To the north of the pier, visitors explore the Shell Beach neighborhood. This quality and pride of ownership was evident when the National Association of RV Parks and Campgrounds Park of the Year was awarded to the resort for 2007-08. All rights reserved. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. MARCH 31, 2021 AND 2020 AND SEPTEMBER 30, 2020, Net of accumulated depreciation and Amortization, Current portion of capital lease obligations, Capital lease obligations, net of current portion, Common stock no par value, 1,800 shares issued, 1,775 and 1775 shares outstanding at March 31, 2021 and 2020, respectively, Total Liabilities and Stockholders Equity. Due to the uncertainty surrounding the recent COVID-19 pandemic, the length and severity of the outbreak, and the volatility in the world investment markets, there is uncertainty as to how these events will affect results of the Companys operations going forward.

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