Project Wanderer – Premier All-Inclusive Seasonal Resort

The Company is a well-established North American all-inclusive seasonal resort, located within proximity from an international airport. With over a decade of operating history, it sells all-inclusive packages that combine accommodation, dining, and experiences to a largely international guest base, and it operates from a property of more than 100 acres and features private guest accommodations and support facilities.

Highlights

• A Rare Turnkey Luxury Platform: All-inclusive packages offer accommodation, dining, and experiences, with optional add-ons to increase guest spend. On-site management oversees daily operations.
• Scarce, Irreplicable Real Estate Asset: The property covers over 100 acres of mostly undeveloped forest and open fields, with guest accommodations and support buildings.
• Effectively Uncontested Market Position: Management is not aware of any directly comparable all-inclusive resort in the regional market.
• Embedded Expansion Optionality: The Resort is closed during the low season, but Management believes these months could generate additional revenue with minimal increases in operating costs.
• Strong International Demand & Distribution Channels: Guests come from several countries, most of them outside the Resort’s home country, and the 82.0% share of direct bookings gives Management control over pricing and guest relationships.

Summary of Historical Performance In CAD

The Company generated net sales in the $4M to $5M range in FYE 2026, with normalized EBITDA between $2M and $3M and a normalized EBITDA margin above 50% with an occupancy reaching 94.2%. Net sales grew at a compound annual growth rate of 30.6% from FYE 2022 to FYE 2026.

Growth Opportunities

• Operate during the low season to generate additional revenue using existing property and staff.
• Implement an online booking engine to support direct sales; Management is currently developing this capability.
• Expand the guest base into new source markets, an initiative Management is actively pursuing.

Sale Information

Type of sale: Share sale on a cash-free and debt-free basis.

Ideal Buyer Profile: Suited for an experienced hospitality or experiential travel operator, a strategic acquirer in leisure accommodation, or an investor seeking a seasonal destination resort with an established operating team.

Facilities & Operations: A property of more than 100 acres with private guest accommodation and supporting buildings.

Revenue & Client Mix: In 2025/26, 82.0% of reservations were direct. The remaining bookings came through four travel partners, with the largest representing less than 10%.

Process & Next Steps: Qualified parties may request the Process Letter and must execute a Non-Interference and Non-Disclosure Agreement before receiving any identifying or confidential information.