The resort can supply information on the area's attractions and amenities . The geographic nature of the revenue could affect the nature, timing, amount and uncertainty of revenue and cash flows. It is substantially less in scope than an audit conducted in accordance with standards of the PCAOB, the objective of which is the expression of an opinion regarding the interim financial statements taken as a whole. With a Pismo Beach timeshare, any time of year creates brilliant opportunities to enjoy this California coastal paradise. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made herein. 100 Ocean View Ave., Pismo Beach, California, 93449. 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. 89,380 were here. Looking For a Reasonably-priced TT Membership? The Company plans capital expenditures up to $200,000 in fiscal year 2021 to further enhance the Resort facilities and services. The San Luis Obispo Children's Museum lets little ones have fun while learning with interactive displays and educational exhibits based on play. Yearly dues are $622.96 and buyer will be responsible for a $750 transfer fee. We conducted our review in accordance with the standards of the PCAOB. RV servicing you'll find at Pismo Coast Village RV Resort includes propane gas, RV wash and wax, service calls on site, winterization services and preventative maintenance. Great for cool summer getaways. 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. 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. The information furnished reflects all adjustments, which, in the opinion of management, are necessary to a fair statement of the results for the interim periods. sig. Includes unlimited day use and overnight camping. On the southern edge of the city, you'll discover Pismo State Beach and Oceano Dunes. 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. 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. 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. 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. Text msgs. THE BASICS OF SHARE TRANSFERS THE BASICS OFSHARE TRANSFERS Pismo Coast VillageCorporate Office rv@pismocoastvillage.com (805) 773-5649165 S. DolliverPismo Beach, CA 93449 PCV SHAREHOLDER Maybe your family spent summers at Pismo Coast Village, and you want to bequeath your share to your children. Both parks have low yearly . 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. Points are not available against this searching criteria. Listings displayed are the property of the member Associations of the North Santa Barbara County Regional MLS. 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. 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 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. Sign up to receive the latest deals and updates! Willow Bay Resort and Marina, on Long Lake, Tum Tum, Based on our reviews, we are not aware of any material modifications that should be made to the accompanying interim financial statements for them to be in conformity with accounting principles generally accepted in the United States of America. LP Gas, Photo Gallery The increase in the RV Service program revenue reflects effort to target new business and new inventory. near Idyllwild at 3500 feet weather is generally mild. Download Brochure, RV Storage 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. But it's not a timeshare. 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. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. Call 603-883-8626 or 1-800-640-6886 for assistance. Consent not required for purchase. Lovely resort with amenities for the whole family! 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. Everyone will appreciate a convenient General Store right on the property for those creature comforts that make vacations enjoyable. (CRMLS) 4 beds, 2.5 baths, 1641 sq. (800) 525-7452. $384 per month. The Company does not disclose the value of unsatisfied performance obligations for contracts with an expected length of one year or less. The technical storage or access that is used exclusively for anonymous statistical purposes. and consent for Timeshare Broker Associates and. Click the button below to proceed. The Company does not have any significant financing components. Copyright 2023 North Santa Barbara County Regional MLS. 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. This order limited non-essential travel, and caused significant cancelations for December 2020 and January 2021. Generous square footage, luxurious linens and indulgent mattresses ensure a remarkable experience. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. In addition, investment for online marketing, ads in the two leading national directories, and trade magazine advertising formulates most of the business-marketing plan. Sales taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a customer, are excluded from revenue. Resort amenities create a truly memorable stay. 2023 - Sell A Timeshare - All Rights Reserved Website by. No pending legal proceedings against the Company other than routine litigation incidental to the business. It's a central gathering spot that reaches more than 1,000 feet across the Pacific. See more of Pismo Coast Village on Facebook WorldMark Pismo Beach. 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. $639 for the transfer fees yearly dues of approximately $399. Very motivated sellers-we are relocating. The note may be prepaid by the borrower at any time prior to maturity with no prepayment penalties. 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. Then, those member banks issue CDs in amounts under $250,000, so that the entire deposit balance is eligible for FDIC insurance. The loan, which was in the form of a note dated April 28, 2020 issued by the borrower, matures on April 28, 2022 and bears interest at a rate of 0.98% per annum, payable monthly commencing on November 28, 2020. We have camped at Pismo Coast Village before and wonder about the merits of owning a share or not. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. There is also Holiday RV Park which has no shares available but does have a list of shares for sale by owners. These levels are well within the guidelines established by management for the individual category sales of RV supplies and General Store merchandise. This park does allow outside guests. By using this website, you agree to our Terms of Use. Please contact the Corporate Office for assistance at (805) 773-5649 or rv@pismocoastvillage.com. The earnings per share are based on the 1,775 shares issued and outstanding. 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. Rather, the Company records a deferred revenue liability equal to the amount received. 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. With that you become an owner with no annual fees or dues, and you get 45 days of stay each year. Web Design and SEO by: Advanced Internet Management. The Company expects the RV service facility project to be completed and bond satisfied by June 30, 2021. At March 31, 2021, September 30, 2020, and March 31, 2020, capital lease obligations consisted of the following: NOTE 5: CAPITAL LEASE OBLIGATIONS (continued). View more property details, sales history 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. This website uses cookies to ensure that you get the best experience on our website. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. Real estate listings held by brokerage firms other than are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. Popular pastimes in the area include surfing, kayaking and dune buggy rides. Statements of Income and Retained Earnings, 5. Company profile page for Pismo Coast Village Inc including stock price, company news, press releases, executives, board members, and contact information ** The Official Facebook Page of Pismo Coast Village RV Resort ** Beachfront 400 campsites full. RVing offers an affordable outdoor recreational experience, and the Company provides quality facilities and services in a highly popular location. 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. 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. Sycamore Lodge near Pinehurst, NC and Gettysburg Battlefield, PA Plus Coast to Coast with thousands of affiliates around the USA. For the six-month period ended March 31, 2021, compared to the same period in 2020, interest expense was $8,076 and $10,940, respectively. Ongoing investment in resort improvements has assured resort guests and shareholders a top quality, up-to-date facility. Head out of your timeshare to go ATV riding along sand dunes for great pictures and for a memorable day. A Pismo Beach timeshare lets you enjoy all your favorite activities at your leisure. sig. A shareholder is entitled to a pro rata share of any dividends as well as a pro rata share of the assets of the Company in the event of its liquidation or sale. Expand your search parameters, or consider and Stockholders of Pismo Coast Village, Inc. We post our most recent filings with the Securities and Exchange Commission (SEC) here. Visiting in the spring and fall shoulder seasons promises warmer temperatures. website, call For nature inspired, ocean view, trendy camping experiences in a multiple award-winning RV Read More, There are hundreds of songs written about California. They currently have 6 or 7 shares available going for $32,550 each. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. 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. The Company uses the asset-liability method of computing deferred taxes in accordance with ASC Income Taxes topic. View all View all photos (99) Traveler (91) Pool & Beach (18) Room & Suite (2) About 4.0 We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. 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. Take a ride on a biplane along the scenic coast for more memory-making fun times. STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY, MARCH 31, 2021, MARCH 31, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 2020. Paradise Cove Resort and Marina, Rockaway Beach, Oregon has a marina, clubhouses, swimming pools, Jacuzzi, tackle shop, 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. 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. Intl: (407) 917-8432. Contact Pismo Coast Village RV Resort Specialist Today! Toll Free: 1-877-815-4227 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. Very good. Retail revenue, and specifically General Store revenue increased 36.0%, above the same period ended March 31, 2020 due to increased occupancy. Staples are available along with niceties like donuts, coffee, newspapers, beach toys for kids, and necessities for the beach like suntan lotion. Service 4.2. 1,775. The ownership of a share does not entitle the owner to any interest in any particular site or camping period. 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. I give my elec. All rights reserved. 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. However, the Company believes that its financial strength and market presence will enable it to remain extremely competitive. The Company follows the policy of charging the costs of non-direct advertising as incurred. You can pick a home park from an extensive listing all over the United State when transferred. 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. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. RV servicing you'll find at Pismo Coast Village RV Resort includes propane gas, RV wash and wax, service calls on site, winterization services and preventative maintenance. Your browser is not currently supported. At March 31, 2021, September 30, 2020, and March 31, 2020 the Company had cash deposits of $6,299,526, $4,591,597 and $3,257,123, respectively, in excess of the $250,000 federally insured limit with Pacific Premier Bank. The cumulative impact of adopting FASB ASC 606 was immaterial and did not require an adjustment to retained earnings. Each office is independently owned and operated. Web Design and SEO by: Advanced Internet Management Choose the atmosphere of your choice. Depreciation of property and equipment is computed using the straight line method based on the cost of the assets, less allowance for salvage value, where appropriate. 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. 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. A balance of $83,938 is available if the Company requires additional funding from the line of credit. Funding for these projects is expected to come from normal operating cash flows and, if necessary, supplemented with outside financing. sig. Pismo Coast Village RV Resort Timeshare Resales 165 South Dolliver Street, Pismo Beach, California, 93449, United States Sell Your Timeshare Timeshares For Sale Get Price Alerts Make Offer Prev Next 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.
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