pismo coast village shares for sale 2020
February and March of 2021 resumed with record occupancy, and projections are expected to meet or exceed 2020 occupancy for the remainder of fiscal year 2021. But it's not a timeshare. 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. They currently have 6 or 7 shares available going for $32,550 each. Anyone has private shares for sale? The Company has a five-year lease obligation for a copier. Price $1999.99 plus transfer fee of $249.75 Can join R.P.I. Web Cams Situated midway between San Francisco and Los Angeles in beautiful Pismo Beach, Pismo Coast Village RV Resort needs only to be seen to be appreciated. Additional revenues come from RV storage and spotting, RV service and repair, on-site convenience store, and other ancillary activities such as laundromat, arcade, and bike rental. Notes to Financial Statements (Unaudited). 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. Really nice package for price. ASC 740 requires, among other things, that if income is expected for the entire year, but there is a net loss to date, a tax benefit is recognized based on the annual effective tax rate. This seems high but it's not a membership. This increase in income reflects a $335,328, or 36.0%, increase in site revenue, and an increase of $13,080, or 3.1%, in RV storage and spotting activity. There is also Holiday RV Park which has no shares available but does have a list of shares for sale by owners. . Visit a local winery to sample locally made wines. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. Msg & data rates may apply. 1000 Trails/ Naco Alliance Membership for sale. In addition, investment for online marketing, ads in the two leading national directories, and trade magazine advertising formulates most of the business-marketing plan. View more property details, sales history I give my elec. On California's Central Coast lies gorgeous Pismo Beach. sig. Yearly dues are $622.96 and buyer will be responsible for a $750 transfer fee. and consent for BuyATimeShare and. Dues PAID thru 9/1/2013, a plus. You can pick a home park from an extensive listing all over the United State when transferred. Enjoy a miniature golf course, general store, restaurant that is open seasonally, a heated pool, laundromat, bike rentals and an arcade. ** The Official Facebook Page of Pismo Coast Village RV Resort ** Beachfront 400 campsites full. Pismo Creek RV Resortprovides wonderful Read More, Copyright 2023 - Official BUY A TIMESHARE - Vacation Property Resales Inc - All Rights Reserved Terms and ConditionsSMS Terms and ConditionsPrivacy PolicyCompliance. International: 1-603-516-0200, Toll Free: 1-877-815-4227 Company profile page for Pismo Coast Village Inc including stock price, company news, press releases, executives, board members, and contact information Inventory has been valued at the lower of cost or market on a first-in, first-out basis. 89,380 were here. The rental of campsites to the general public provides income to cover expenses, complete capital improvements, and allow shareholders up to forty-five free nights camping annually. https://pismocoastvillage.com/wp-content/uploads/2016/08/CodeOfEthics.pdf, https://www.sec.gov/cgi-bin/browse-edgar?company=pismo+coast+village&CIK=&State=&SIC=&action=getcompany, Reservations Funds from the loan may only be used for payroll costs, costs used to continue group health care benefits, mortgage payments, rent, utilities, and interest on other debt obligations incurred before February 15, 2020. Revenue from site rentals, storage rental, spotting, and store and accessory sales accounts for approximately 62%, 17%, 5%, and 14% of the Company total revenue for the period ended March 31, 2021, respectively. Willow Bay Resort and Marina, on Long Lake, Tum Tum, Pismo Beach timeshares invite families to enjoy classic California beach adventures they'll never forget. Garry Nelson, President and Chairman of the Board, Jerry Roberts, V.P. The technical storage or access that is used exclusively for anonymous statistical purposes. Information deemed reliable but not guaranteed. Dinosaur Caves Park offers a fun playground along with an old-time band-shell that features occasional free concerts. 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. Pismo Outlet shopping lets you explore quaint shops for surf wear, arts and crafts, and sports gear. A 2016 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,159, including interest at 4.532% per annum, through January 2023. The downtown district is adjacent, providing many opportunities for shopping, dining and entertainment. The Companys principal terms of sale occur simultaneously when control of the goods and services are transferred to the customer and payment is accepted. DISCLOSURE CONCERNING WEBSITE ACCESS TO COMPANY REPORTS. 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. 2 Beds. #1 of 5 Specialty lodging in Pismo Beach. We have a national one we can no longer use. Amortization expense on assets under capital lease was $37,891 and $32,415 for the six months ended March31, 2021 and 2020, respectively, and $19,035 and $16,206 for the three months ended March 31, 2021 and 2020, respectively. PROCEEDINGS DURING THE PRECEDING FIVE YEARS: Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13, or 15 (d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. For nature inspired, ocean view, trendy camping experiences in a multiple award-winning RV resort, you can't go wrong at Pismo Coast Village RV Resort. We want $1200 for the membership plus the buyer pays approx. Choose the atmosphere of your choice. This increase in income reflects a $335,328, or 36.0%, increase in site revenue, and an increase of $13,080, or 3.1%, in RV storage and spotting activity. Enter your details below to be emailed when inventory matching your specifications becomes available. 5 Star RV Resort in Banning Ca. The SEC maintains an Internet site (http://www.sec.gov) that contains reports, proxy statements, and other information that the Company files with the SEC. may result in a faster sale of my timeshare. Virtual Tours, 165 South Dolliver Street Pismo Beach, CA 93449, (888) RVBEACH Listings displayed are the property of the member Associations of the North Santa Barbara County Regional MLS. For the six-month period ending March 31, 2021, operating expenses decreased by $120,254, or 4.4%, below the same period in 2020. I give my elec. With a Pismo Beach timeshare resale, visiting with a guaranteed comfortable stay is a breeze. 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. YES [ ] NO [ ], Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date. and consent for SellATimeShare and third-party brokers to send me promotions and purchase offers on my timeshare at the above email address and phone number including by autodialer, text msg., and prerecorded msg. The geographic nature of the revenue could affect the nature, timing, amount and uncertainty of revenue and cash flows. 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. YES [ ] NO [X], APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY. International: 1-603-516-0200, 100 Ocean View Ave., Pismo Beach, California, 93449. Third and fourth quarter site occupancy and storage fill are expected to be consistent with that of the past year. Pismo Coast Village has no shares available. The Company enjoyed four consecutive months of record site occupancy until the State mandated a Stay-at-Home order on December 3, 2020. Pismo Coast Village, Pismo Beach, CA Real Estate & Homes for Sale - RE/MAX Everyone will appreciate a convenient General Store right on the property for those creature comforts that make vacations enjoyable. 1,440 Sq Ft. QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, For the quarterly period ended March 31, 2021, TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, For the transition period from __________ to ___________, (Exact name of registrant as specified in its charter), California 95-2990441, (State or other jurisdiction of (IRS Employer ID No. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. However, the Company believes that its financial strength and market presence will enable it to remain extremely competitive. sig. (805) 773-1507. The RVing public actively seeks accommodations on the Central Coast despite volatile fuel prices and personal financial uncertainties. sig. For nature inspired, ocean view, trendy camping experiences in a multiple award-winning RV resort, you can't go wrong at Pismo Coast Village RV Resort. Staples are available along with niceties like donuts, coffee, newspapers, beach toys for kids, and necessities for the beach like suntan lotion. Certain information included herein contains statements that may be considered forward-looking statements, such as statements relating to anticipated expenses, capital spending and financing sources. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. There have not been any changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) promulgated by the SEC under the 1934 Act) during the six-months ended March 31, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. The Company does not disclose the value of unsatisfied performance obligations for contracts with an expected length of one year or less. Income before provision for income tax for the three-month period ended March 31, 2021, increased by $440,631, reflecting increased total income compared to the previous year and decreased operating expenses. At March 31, 2021, future minimum payments on the capital lease obligations were as follows: Less current portion of capital lease obligations, Total capital lease obligations, net of current portion. Schedule of Payments of Interest and Taxes: Pismo Coast Village, Inc. (Company) is a recreational vehicle camping resort. For purposes of the statements of cash flows, the Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Golfers enjoy scenic courses with challenges for all skill levels. Transfer fee is included. In our opinion, the information set forth in the accompanying balance sheet as of September 30, 2020, is fairly stated, in all material respects, in relation to the balance sheet from which it has been derived. Please contact the Corporate Office for assistance at (805) 773-5649 or rv@pismocoastvillage.com. nicely appointed RV park at Pismo Beach, halfway between Los Angeles and San Francisco. Pismo Coast Village RV Resort 165 South Dolliver Street, Pismo Beach, CA 93449 US . These resorts range from old-fashioned and comfy to sleek and modern. Due to the nature of the business, the Companys revenue is not significantly impacted by refunds. Located on the largest lot within the Village at Pacific . Interest Expense for the three-months ended March 31, 2021, is $3,985, compared to $4,801 for the same period in 2020. These levels are well within the guidelines established by management for the individual category sales of RV supplies and General Store merchandise. 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. Very good. Looking For a Reasonably-priced TT Membership? You can also share your RV campground experience with loved ones by authorizing their use of the RV. Toll Free: 877-624-6889. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. It's the ideal place to enjoy a classic beach getaway thanks to its beautiful coastline, sparkling waters and fun attractions. NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNRTING POLICIES. The Company continues to promote and depend upon recreational vehicle camping as the primary source of revenue. Both parks have low yearly . Due to the age of the Resort, the Company is undertaking maintenance activity that is considered necessary in order to continue providing quality facilities and services. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. Funding for these projects is expected to come from normal operating cash flows and, if necessary, supplemented with outside financing. Our . RV.Net Open Roads Forum: RV Parks, Campgrounds and Attractions: Pismo UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS, ITEM 4. PCVs financial information is always readily available for your review. ITEM 2. Search for. Accounts payable and accrued liabilities decreased $2,885 below the same period last year and decreased $314 since the 2020 fiscal year end, which reflects a timing of capital projects and accrued property taxes. MLS# SP20219611. The resort remained closed until May 22, 2020 at which time the County of San Luis Obispo permitted occupancy to fifty percent. and consent for Timeshare Broker Associates to send me offers at the above phone number. Keeping your RV in its best shape assures a fantastic visit every time. Fees are paid thru Dec 31, 2012. Pismo Coast Village RV Resort - Tripadvisor Call 603-883-8626 or 1-800-640-6886 for assistance. Toll Free: 1-877-815-4227 - Finance/Chief Financial Officer, (principal financial officer and principal accounting officer), Jay Jamison, General Manager/Chief Executive Officer. and consent for Timeshare Broker Associates and, Copyright 2023 - Timeshare Broker Associates, LLC - All Rights Reserved Site Powered by. The Company does not recognize revenue when a customer prepays for resort accommodations. Results of Review of Interim Financial Information. You can use WHR for 2 weeks in and 1 week out all year long. The earnings per share are based on the 1,775 shares issued and outstanding. The third and fourth quarters' occupancies are expected to be consistent with that of past years, with the possible exception created by COVID-19. This order limited non-essential travel, and caused significant cancelations for December 2020 and January 2021. PISMO COAST VILLAGE share $31,000 OBO Very desirable, beachfront RV campground in Pismo Beach, California 714-838-3377 MFS010316JMAC-PISMO BEACH, CA ADVANCE RESORTS OF AMERICA, INC "The Waterfront Resort Company" Paradise Cove Resort and Marina, Rockaway Beach, Oregon has a marina, clubhouses, swimming pools, Jacuzzi, tackle shop, Rental expense under this operating lease is. The Company expects the RV service facility project to be completed and bond satisfied by June 30, 2021. Consent not required for purchase. Intl: (407) 917-8432. Search Page General | SellMyTimeshareNow The financial statements report only basic earnings per share, as there are no potentially dilutive shares outstanding. The Company has been fortunate not to have significant impact due to economic volatility. Fall asleep to the sound of crashing waves and smell the salt scented air as you reconnect with family and loved ones in this beautifully landscaped. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. RVing offers an affordable outdoor recreational experience, and the Company provides quality facilities and services in a highly popular location. Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. More Info. With that you become an owner with no annual fees or dues, and you get 45 days of stay each year. Pismo Coast Village RV Resort Timeshare Resales For Sale By Owner Resort Operations Income for the six-months ended March 31, 2021, increased $548,348, or 18.5%, from the same period ended March 31, 2020. This decrease in expense primarily reflects labor, workers compensation, repairs and maintenance, and legal fees. Once you've decided to buy a Pismo Beach campground membership, everyone will look forward to oceanside camping and memory making experiences. The Company uses the asset-liability method of computing deferred taxes in accordance with ASC Income Taxes topic. Contact Pismo Coast Village RV Resort Specialist Today! (CRMLS) 4 beds, 2.5 baths, 1641 sq. Copyright 2023 - Official BUY A TIMESHARE - Vacation Property Resales Inc - All Rights Reserved Terms and ConditionsSMS Terms and ConditionsPrivacy PolicyCompliance. General Store We have previously audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the balance sheet of the Company as of September 30, 2020, and the related statements of operations, and statement of changes in stockholders equity, and cash flows for the year then ended; and in our report dated November 18, 2020, we expressed an unmodified opinion on those financial statements. For nature inspired, ocean view, trendy camping experiences in a multiple award-winning RV Read More, There are hundreds of songs written about California. All property and equipment is recorded at cost. However, because Pacific Premier Bank is a member of the Certificate of Deposit Account Registry Service (CDARS), large deposits are divided into smaller amounts and placed with other FDIC insured banks which are also members of the CDARS network. After 10 years of traveling we are selling our RV and settling in a mobile home park. Pismo Coast Village RV Resort Timeshares for Sale and Rent 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. At March 31, 2021, September 30, 2020, and March 31, 2020, the cost of assets under capital lease was $405,819, $405,819, and $398,770 and related accumulated amortization was $234,882, $196,991 and $233,750, respectively. These interim financial statements are the responsibility of the Companys management. sig. On the beach, 400 full-hookup sites, general store, restaurant, laundromat,hot showers, complimentary Wi-Fi, heated pool, arcade, bicycle rentals,miniature golf just a short walk to the pier and downtown Pismo Beach. Look for ocean views from a furnished balcony where you can enjoy a breakfast that you prepared in the full kitchen. website, call (800) 525-7452. Sign up to receive the latest deals and updates! Call 603-883-8626 or 1-800-640-6886 for assistance. The increase in the General Store revenue primarily reflects the increased resort occupancy due to COVID-19. Visitors looking to buy, sell or rent timeshare resales will be nestled right on the beach, beautifully landscaped, it is truly an outstanding RV resort in every sense. Pismo Coast Village also offers many great amenities: clean restrooms with hot showers; a General Store complete with your morning coffee freshly brewed; an arcade for the kid in you; a restaurant; a laundromat for those inevitable dirty clothes; a heated pool; bicycle rentals; and even a miniature golf course. This increase is due primarily to an increase of $571,585, or 28.8%, in site rental revenue, which was primarily due to COVID-19 ramifications where the public sought outdoor recreation as a safe environment. Seasonal fluctuations within this industry are expected, and management projects that income for the fourth quarter will be approximately 40% of its annual revenue. Resort amenities create a truly memorable stay. The General Store revenue was up $39,301, or 36.0%, and RV Service revenue increased $511, or 0.4%, from the previous year. Your browser is not currently supported. Then, those member banks issue CDs in amounts under $250,000, so that the entire deposit balance is eligible for FDIC insurance. 170 Branch St #374, Pismo Beach, CA 93449 Zillow. It is the policy of the Company to consistently classify interest and penalties associated with income tax expense separately from the provision for income taxes, and accordingly no interest or penalties associated with income taxes have been included in this calculation, or separately in the Statement of Operations and Retained Earnings. Based upon and as of the date of that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as described in Item 8A(T) included with our Annual Report on Form 10-K for the year ended September 30, 2020. Enter your details below to be emailed when inventory becomes available. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. There currently is a Letter of Credit written in favor of the County of San Luis Obispo (the County), California for $416,062 to cover a bond requirement relating to public improvements as part of the Companys construction of a new RV service facility. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. Copyright 2023 RV Property. Please contact Lloyd or Marilyn Philipps at 520 722-1782 or email azgalnow@yahoo.com . It's an incredibly scenic stretch of coastline that's dotted with charming coastal cottages. A Pismo Beach timeshare lets you enjoy all your favorite activities at your leisure. Location 4.6. As of March31, 2021, September 30, 2020, and March 31, 2020, the Company had customer deposits related to prepaid village accommodations of $3,027,365, $2,058,135, and $2,120,707 on the balance sheet as rental deposits, respectively. Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Increases in transportation and fuel costs or sustained recessionary periods could also unfavorably impact future results. 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. We are the original owners. Revenue is recognized when spaces are occupied or goods and services have been delivered or rendered, respectively. Cost of Goods Sold expenses, as a percentage of retail income for the three-months ended March 31, 2021, are 46.5% compared to 44.6% for the same period in 2020. Visiting in the spring and fall shoulder seasons promises warmer temperatures. Employer contributions are discretionary and are determined on an annual basis. Amenities include: * adult clubhouse * swimming pool and family spa * horseshoes and shuffleboard court * volleyball, basketball * children`s fishing * both teen and children`s recreation rooms * picnic areas, cafe * playground. Accordingly, actual results could differ from those estimates. Your browser is out of date or unsupported. Keeping your RV in its best shape assures a fantastic visit every time. All undisputed payables have been paid in full according to the Company's policy. Historically the Company, because of its seasonal market, has produced 60% to 65% of its revenue during the third and fourth quarters of the fiscal year, with more than 40% being produced during the fourth quarter. Consent not required for purchase. A 2020 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,166, including interest at 5.406% per annum, through May 2027. 165 South Dolliver Street, Pismo Beach, California, 93449, United States, experience a successful sale on the timeshare resale market. Contact Pismo Coast Village RV Resort Specialist Today! The General Store is a Hub of Activity Management did not identify any subsequent events that required disclosure. No pending legal proceedings against the Company other than routine litigation incidental to the business. This approximation is based on historical information. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. All Rights Reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Will sell for $5,000, including transfer fee of $700. 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. Advertising expense was $6,336 and $7,225 for the six months ended March 31, 2021 and 2020, respectively, and $5,089 and $2,841 for the three months ended March 31, 2021 and 2020, respectively. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: Pismo Coast Village, Pismo Beach, CA Real Estate and Homes for Sale. Take a ride on a biplane along the scenic coast for more memory-making fun times. Buyer may receive a title fee credit, inquire for details! All rights reserved. Consider Pismo Beach timeshares when you're ready to soak up the sun and play in the surf.Pilgrim Psychiatric Center Building 82, One Main Financial Payoff Address, Dachshund Rehoming Northern Ireland, Articles P