Featured Video Never pay an upfront fee and let us take the hassle out of selling your Pismo Beach timeshare resale. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. Rental expense under this operating lease is. Dinosaur Caves Park offers a fun playground along with an old-time band-shell that features occasional free concerts. Membership provides access to 5 sister sites NC, OH, FL. 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, nicely appointed RV park at Pismo Beach, halfway between Los Angeles and San Francisco. The third and fourth quarters' occupancies are expected to be consistent with that of past years, with the possible exception created by COVID-19. 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. 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. Premier Membership with cabin package. FOR SALE; these are still light compared to the summer high season when locals and tourists flock to the . With 400 RV hookup sites, you'll enjoy blissful camping experiences with modern amenities like complimentary wireless Internet and cable television. This website uses cookies to ensure that you get the best experience on our website. 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. Your new yearly membership fee is $500. A 2018 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,147, including interest at 4.644% per annum, through September 2024. Its business is seasonal in nature with the fourth quarter, the summer, being its busiest and most profitable. 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. The RVing public actively seeks accommodations on the Central Coast despite volatile fuel prices and personal financial uncertainties. The cumulative impact of adopting FASB ASC 606 was immaterial and did not require an adjustment to retained earnings. and consent for Timeshare Broker Associates to send me offers at the above phone number. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. RVing offers an affordable outdoor recreational experience, and the Company provides quality facilities and services in a highly popular location. We are the leading timeshare resale marketplace and you can find the best deals from private owners selling timeshares at BuyaTimeshare.com. As required by Rule 13a-15 under the Securities Exchange Act of 1934 (the "1934 Act"), as of March 31, 2021, we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures. Income from retail operations for the three-month period ended March 31, 2021, increased $39,813, or 16.9%, above the same period in 2020. 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. Located on the largest lot within the Village at Pacific . Floating week of your choice! 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, Web Cams Email tbdesert@aol.com or call 760-772-4733. Call 603-883-8626 or 1-800-640-6886 for assistance. Consider Pismo Beach timeshares when you're ready to soak up the sun and play in the surf. The Company follows the policy of charging the costs of non-direct advertising as incurred. $384 per month. After one trip to the WorldMark Pismo Read More, Great Campground Vacations at Pismo Creek RV Resort We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. sig. Pismo Coast Village RV Resort - Sell A Timeshare Company profile page for Pismo Coast Village Inc including stock price, company news, press releases, executives, board members, and contact information Buyers are advised to confirm all data provided. We conducted our review in accordance with the standards of the PCAOB. Interest Expense for the three-months ended March 31, 2021, is $3,985, compared to $4,801 for the same period in 2020. Information deemed reliable but not guaranteed. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Your browser is not currently supported. The technical storage or access that is used exclusively for statistical purposes. 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. Good Sam Club Open Roads Forum: Beginning RVing: Pismo Coast Village near Idyllwild at 3500 feet weather is generally mild. In March of 2020 there was a negative impact on paid occupancy, while the quarter ending March 31, 2021 reflects a 28% increase in paid occupancy over 2020. The General Store revenue was up $39,301, or 36.0%, and RV Service revenue increased $511, or 0.4%, from the previous year. Due to the nature of the business, the Companys revenue is not significantly impacted by refunds. Copyright 2023 RV Property. Pismo Coast Village RV Resort Timeshare Resales You'll encounter few travelers, but you may have to deal with some cloudy days and the occasional rain shower. On April 28, 2020, the Company (the Borrower) was granted a loan in the aggregate amount of $553,802, pursuant to the Paycheck Protection Program (the PPP) under Division A, Title I of the CARES Act, which was enacted March27, 2020. The shares are personal property and do not constitute an interest in real property. Points are not available against this searching criteria. There is also Holiday RV Park which has no shares available but does have a list of shares for sale by owners. Willow Bay Resort and Marina, on Long Lake, Tum Tum, and consent for BuyATimeShare and. The Company does not have any significant financing components. 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. Financials - Pismo Coast Village RV Resort Increases in transportation and fuel costs or sustained recessionary periods could also unfavorably impact future results. 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. Notes to Financial Statements (Unaudited). Inventory has been valued at the lower of cost or market on a first-in, first-out basis. Check-in is not available against this resort. Enter your details below to be emailed when inventory matching your specifications becomes available. CAPITAL RESOURCES AND PLANNED EXPENDITURES. 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. YES [ ] NO [X], APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY. Start your tour of the area on the Pismo Beach Pier. However, the Company experienced minimal impact from the COVID-19 pandemic during the period ended March 31, 2021. This seems high but it's not a membership. Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. For performance obligations related to the Company accommodations and other ancillary goods and services, control transfers to the customer at a point in time. With a Pismo Beach timeshare, any time of year creates brilliant opportunities to enjoy this California coastal paradise. This increase is primarily due to an increase in income, rental deposits, and decrease in capital expenditures. Keeping your RV in its best shape assures a fantastic visit every time. cchris1981@verizon.net. Motor home sold makes this membership available. Pismo Beach Timeshares For Sale - Sell or Buy Timeshare Resale You can also share your RV campground experience with loved ones by authorizing their use of the RV. Shoppers love the Pismo Beach Premium Outlets with its outstanding collection of designer names. Cost only $995.00 for transfer fees. 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. To the north of the pier, visitors explore the Shell Beach neighborhood. Thousand Trails Membership Elite membership for sale, purchased out right from mother in law who passed away. On the southern edge of the city, you'll discover Pismo State Beach and Oceano Dunes. 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. The resort can supply information on the area's attractions and amenities . This order limited non-essential travel, and caused significant cancelations for December 2020 and January 2021. Once you've decided to buy a Pismo Beach campground membership, everyone will look forward to oceanside camping and memory making experiences. Take a ride on a biplane along the scenic coast for more memory-making fun times. 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. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. Very good. Depreciation rates are based upon the following estimated useful lives: Furniture, fixtures, equipment and leasehold improvements. A balance of $83,938 is available if the Company requires additional funding from the line of credit. 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. Visiting in the spring and fall shoulder seasons promises warmer temperatures. Rather, the Company records a deferred revenue liability equal to the amount received. Management did not identify any subsequent events that required disclosure. Will sell for $5,000, including transfer fee of $700. 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. Funding for these projects is expected to come from normal operating cash flows and, if necessary, supplemented with outside financing. 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. Posted By: John Wayne on 12/02/14 07:19pm They are expensive . {{current_weather.dt | momentjs( atts.date )}}, https://www.pismocoastvillage.com/AnnualReport2022-PCVwebsite.pdf, https://pismocoastvillage.com/wp-content/uploads/2016/08/CodeOfEthics.pdf. Employer contributions are discretionary and are determined on an annual basis. website, call Visiting in the spring and fall shoulder seasons promises warmer temperatures. 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. This condition could limit the Company's ability to pass through inflationary increases in operating costs at higher rates. . 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. 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. Sports enthusiasts can enjoy surfing, fishing, kayaking, sailing, body boarding and kite boarding at places like Pismo State Beach. Enter your details below to be emailed when inventory matching your specifications becomes available. 140 S DOLLIVER ST SPC 127, Pismo Beach, CA 93449. The Company expects the note payable to be forgiven. Busy season is in summer when people are out enjoying California's famous sun and surf. Shane Adams - Anyone has private shares for sale? | Facebook Accordingly, we do not express such an opinion. With a Pismo Beach timeshare resale, visiting with a guaranteed comfortable stay is a breeze. 3. However, the Company believes that its financial strength and market presence will enable it to remain extremely competitive. 170 Branch St #374, Pismo Beach, CA 93449 Zillow. RV.Net Open Roads Forum: RV Parks, Campgrounds and Attractions: Pismo (800) 525-7452. Choose the atmosphere of your choice. 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. Great for cool summer getaways. Transfer fees: $550, payable to Harmony Ridge Resort. 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). Cash payments received in advance of guests staying at the resort are refunded to guests if the guest cancels within the specified time period, before any services are rendered. For the six-month period ending March 31, 2021, operating expenses decreased by $120,254, or 4.4%, below the same period in 2020. Membership was established in 2004. The following financial statements and related information are included in this Form 10-Q, Quarterly Report. Pismo Beach Timeshare Resales - Sell Pismo Beach Timeshares We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. All undisputed payables have been paid in full according to the Company's policy. International: 1-603-516-0200, 100 Ocean View Ave., Pismo Beach, California, 93449. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. 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 has also maintained a line of credit of $500,000 to ensure funds will be available, if required. 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. 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. You may see more crowds, but. Copyright 2023 - Timeshare Broker Associates, LLC - All Rights Reserved Site Powered by, I give my elec. YES [X] NO [ ], Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Subsection 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). The public may read and copy any of the materials filed with the Securities and Exchange Commission on official business days during the hours of 10:00 a.m. to 3:00 p.m., at the SEC's Public Reference Room located at 100 F Street, N. E., Washington, D.C. 20549. This increase in site revenue reflects paid site occupancy due to the COVID-19 crisis. If the Company fails to complete the required public improvements, monies will be drawn from the credit line to satisfy the County. These levels are well within the guidelines established by management for the individual category sales of RV supplies and General Store merchandise. Really nice package for price. (805) 773-1507. Operating expenses for the three-month period ending March 31, 2021, decreased $79,028, or 6.1%, below the same period ended March 31, 2020. 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. 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. saving this search For nature inspired, ocean view, trendy camping experiences in a multiple award-winning RV Read More, There are hundreds of songs written about California. We have camped at Pismo Coast Village before and wonder about the merits of owning a share or not. to receive alerts when results become available. LP Gas, Photo Gallery The Company has consistently demonstrated an ability to optimize revenues developed from the resort and retail operations during the summer season. 1000 Trails/ Naco Alliance Membership for sale. The Company has a five-year lease obligation for a copier. RV storage and towing continue to be a primary source of revenue for the Company and is even year-to-date compared to last year. 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. As of March 31, 2021, September 30, 2020, and March 31, 2020, the Companys deferred tax liability was $375,400 $423,100 and $435,600, respectively. Each share of stock is intended to provide the shareholder with free use of the resort for a maximum of 45 days per year. Keeping your RV in its best shape assures a fantastic visit every time. The Company began canceling reservations on March 19, 2020 and closed the park on March 23, 2020. Or take a look at some other properties nearby, Copyright 2023 - Official BUY A TIMESHARE - Vacation Property Resales Inc - All Rights Reserved Terms and ConditionsSMS Terms and ConditionsPrivacy PolicyCompliance. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer/General Manager (our principal executive officer) and our Chief Financial Officer (our principal financial officer). Popular pastimes in the area include surfing, kayaking and dune buggy rides. Website Design and Hosting by TXAD Internet. sig. To view all of Pismo Coast Villages filings with the SEC, go to sec.gov link below. Topic 606 supersedes the revenue recognition requirements in FASB ASC 605, Revenue Recognition, and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. 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. YES [ ] NO [ ], Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date. 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. 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. Revenue primarily consists of recreational camping space rentals, revenue from recreational vehicle storage space and RV service and repairs, food and beverage sales and other ancillary goods and services. You can use WHR for 2 weeks in and 1 week out all year long. I also agree to the Terms of Services and Privacy Policy. sig. Your search does not match any homes. Capital projects are designed to enhance the marketability of the camping sites and enhance support facilities. After 10 years of traveling we are selling our RV and settling in a mobile home park. Virtual Tours, 165 South Dolliver Street Pismo Beach, CA 93449, (888) RVBEACH The new guidance also added Subtopic 340-40, Other Assets and Deferred Costs-Contracts with Customers, to the ASC to require the deferral of incremental costs of obtaining a contract with a customer. Revenue from performance obligations satisfied at a point in time consists of sales related to the Company accommodations and other ancillary goods and services at the location in Pismo Beach, California.
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