and consent for Timeshare Broker Associates to send me offers at the above phone number. 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. Sell, rent, or buy a Pismo Beach timeshare for sale on the resale market and save thousands over resort retail pricing! Buyers are advised to confirm all data provided. 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. Located on the largest lot within the Village at Pacific . RVing offers an affordable outdoor recreational experience, and the Company provides quality facilities and services in a highly popular location. Schedule of Payments of Interest and Taxes: Pismo Coast Village, Inc. (Company) is a recreational vehicle camping resort. sig. 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. The cash balance increased $1,704,783 from fiscal year ended September 30, 2020, due to increase in income, rental deposits, reduction of expenses, and timing of capital expenditures. 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. ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS, ITEM 4. In Pismo Beach, you'll find miles of white sand beaches, sparkling blue waters, blazing orange and pink sunsets, and glorious coastal scenery to help wash your cares away. Visiting in the spring and fall shoulder seasons promises warmer temperatures. The Company does not have any significant financing components. ), 165 South Dolliver Street, Pismo Beach, CA 93449, (Address of Principal Executive Offices) (Zip Code), Registrants telephone number, including area code, (Former name, former address and former fiscal year, if changed since last report), Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,151, including interest at 4.181% per annum, through May 2025. $384 per month. There is also Holiday RV Park which has no shares available but does have a list of shares for sale by owners. Refunds related to services are generally recognized as an adjustment to the transaction price at the time the resort stay occurs or services are rendered. Management continues to place importance upon ongoing review of retail product mix, pricing, attention to service, and staff training. 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. 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. ft. apartment is a 2 bed, 2.0 bath unit. All undisputed payables have been paid in full according to the Company's policy. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. Pismo Preserve features 900 scenic acres to explore and go bike riding, hiking, or horseback riding. We are the leading timeshare resale marketplace and you can find the best deals from private owners selling timeshares at BuyaTimeshare.com. Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. 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. and consent for Timeshare Broker Associates and. 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. If you are interested in receiving any financial information from the company, we encourage you to download documents from these resources. 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. 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. Buyer may receive a title fee credit, inquire for details! Web Cams Floating week of your choice! 2 Beds. Generous square footage, luxurious linens and indulgent mattresses ensure a remarkable experience. 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. 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. Camp for free at beautiful resort at Gettysburg historic area. 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. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. Revenues during this period are directly attributed to and are consistent with seasonal occupancy of a tourist-oriented business. I give my elec. Inventory has been valued at the lower of cost or market on a first-in, first-out basis. When it first. The Company uses the asset-liability method of computing deferred taxes in accordance with ASC Income Taxes topic. 165 South Dolliver Street, Pismo Beach, California, 93449, United States. A balance of $83,938 is available if the Company requires additional funding from the line of credit. 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. When you choose to store your RV onsite, you'll find anticipating your much-loved vacation destination is a more pleasurable experience. The Company follows the policy of charging the costs of non-direct advertising as incurred. A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,151, including interest at 4.101% per annum, through December 2025. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. Expand your search parameters, or consider 213 reviews. Once you've decided to buy a Pismo Beach campground membership at Pismo Coast Village RV Resort, you'll find yourself longing to return to your seaside oasis often. 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 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 are similar hotels available. This would include the purchase of equipment with sweeper attachments, surveillance cameras for the resort, garbage compactor container, service truck for RV service, and a lift for the RV service facility. 3. 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. Due to the nature of the business, the Companys revenue is not significantly impacted by refunds. The Company enjoyed four consecutive months of record site occupancy until the State mandated a Stay-at-Home order on December 3, 2020. Rates The Company has a revolving line of credit with Pacific Premier Bank (formerly Heritage Oaks Bank) for $500,000, expiring April 1, 2021. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. Due to the COVID-19 the General Store was closed March 23, 2020 until June 12, 2020, while RV Service remained open during the crisis. Consent not required for purchase. The Companys commitment to quality, value, and enjoyment is underscored by the businesss success due to word of mouth and referrals from guests. This increase in site revenue reflects paid site occupancy due to the COVID-19 crisis. 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. In addition, investment for online marketing, ads in the two leading national directories, and trade magazine advertising formulates most of the business-marketing plan. This order limited non-essential travel, and caused significant cancelations for December 2020 and January 2021. Employer contributions are discretionary and are determined on an annual basis. The Company expects the note payable to be forgiven. Head out of your timeshare to go ATV riding along sand dunes for great pictures and for a memorable day. Web Design and SEO by: Advanced Internet Management, Please wait we are loading some suggestions for you, I give my elec. 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. 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. sig. Site Map With that you become an owner with no annual fees or dues, and you get 45 days of stay each year. Due to the nature of business and economic cycles and trends, rates may be adjusted accordingly, if deemed necessary. The ownership of a share does not entitle the owner to any interest in any particular site or camping period. 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. The majority of the balance is due to timing differences of depreciation expense, caused by the use of accelerated depreciation methods for tax calculations. You are one of the 1800 owners. 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. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. 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. 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. WorldMark Pismo Beach. Your browser is not currently supported. Upon review of operational expenses, occupancy, and competition, the Board of Directors may approve adjustments to the nightly site rental rates or towing and storage rates. An authentic California beach town getaway is the perfect escape from the bustle of everyday life. Our . 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. These capital expenditures are expected to increase the Resort's value to its shareholders and the general public. and consent for BuyATimeShare and, Sign up to be alerted when inventory becomes available. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Timeshare accommodations include hotel-style rooms as well as multi-bedroom condos and villas. However, the Company experienced minimal impact from the COVID-19 pandemic during the period ended March 31, 2021. Management did not identify any subsequent events that required disclosure. You may see more crowds, but. Read More. This website uses cookies to ensure that you get the best experience on our website. Garry Nelson, President and Chairman of the Board, Jerry Roberts, V.P. 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. Yearly dues are $622.96 and buyer will be responsible for a $750 transfer fee. The technical storage or access that is used exclusively for statistical purposes. 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. Golfers enjoy scenic courses with challenges for all skill levels. Copyright 2023 RV Property. Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. Contact Pismo Coast Village RV Resort Specialist Today! Points are not available against this searching criteria. Call 603-883-8626 or 1-800-640-6886 for assistance. The RVing public actively seeks accommodations on the Central Coast despite volatile fuel prices and personal financial uncertainties. YES [ ] NO [ ], Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date. 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. It's the ideal place to enjoy a classic beach getaway thanks to its beautiful coastline, sparkling waters and fun attractions. 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. Thousand Trails Membership Elite membership for sale, purchased out right from mother in law who passed away. 5 Star RV Resort in Banning Ca. 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. Staples are available along with niceties like donuts, coffee, newspapers, beach toys for kids, and necessities for the beach like suntan lotion. Company profile page for Pismo Coast Village Inc including stock price, company news, press releases, executives, board members, and contact information 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 cumulative impact of adopting FASB ASC 606 was immaterial and did not require an adjustment to retained earnings. Whether you decide to sell or buy a timeshare, let us do the work for you! For the six-month period ending March 31, 2021, operating expenses decreased by $120,254, or 4.4%, below the same period in 2020. The increase in the General Store revenue primarily reflects the increased resort occupancy due to COVID-19. 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. Contact Pismo Coast Village RV Resort Specialist Today! NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNRTING POLICIES. (800) 525-7452. $639 for the transfer fees yearly dues of approximately $399. This park does allow outside guests. and consent for BuyATimeShare and. Cleanliness 4.5. Enjoy a miniature golf course, general store, restaurant that is open seasonally, a heated pool, laundromat, bike rentals and an arcade. Price $2,000 plus the transfer fee (as charged by 1000 Trails ), Email Paul@PaulJMurrayCPA.com; phone 407 739 5151. Cost: $1800 or best offer includes annual dues and maintenance fees. 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. Look for ocean views from a furnished balcony where you can enjoy a breakfast that you prepared in the full kitchen. Value 3.9. Retail revenue, and specifically General Store revenue increased 36.0%, above the same period ended March 31, 2020 due to increased occupancy. With a Pismo Beach timeshare, any time of year creates brilliant opportunities to enjoy this California coastal paradise. Shoppers love the Pismo Beach Premium Outlets with its outstanding collection of designer names. You'll encounter few travelers, but you may have to deal with some cloudy days and the occasional rain shower. Anyone out there a shareholder in Pismo Coast Investments which owns Pismo Coast RV Village in California? 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. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. Pismo Coast Village RV Resort 165 South Dolliver Street, Pismo Beach, CA 93449 US . The Company has also maintained a line of credit of $500,000 to ensure funds will be available, if required. I give my elec. Accordingly, actual results could differ from those estimates. Its business is seasonal in nature with the fourth quarter, the summer, being its busiest and most profitable. Web Design and SEO by: Advanced Internet Management. Great for cool summer getaways. to receive alerts when results become available. This decrease reflects payroll taxes, employee insurance benefits, workers compensation, employee travel/training, legal fees, WiFi expense, repairs and maintenance, vehicle expense, and recreation expense. FASB ASC 740 also requires, among other things, the recognition and measurement of uncertain tax positions based on a "more likely than not" (likelihood greater than 50%) approach. Swimming pool, lake, recreational activities, store on site. Call 603-883-8626 or 1-800-640-6886 for assistance. workout room, clubhouse and trailer rentals. The San Luis Obispo Children's Museum lets little ones have fun while learning with interactive displays and educational exhibits based on play. The financial information included in Part I of this Form 10-Q has been reviewed by Brown Armstrong Accountancy Corporation, the Company's Certified Public Accountants, and all adjustments and disclosures proposed by said firm have been reflected in the data presented. Once you've decided to buy a Pismo Beach campground membership, everyone will look forward to oceanside camping and memory making experiences. CAPITAL RESOURCES AND PLANNED EXPENDITURES. Pismo Beach timeshares can promise ocean views and all of the comforts of home. Keeping your RV in its best shape assures a fantastic visit every time. 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. NOTE 2: SUMMARY OF SIGNFICANT ACCOUNTING POLICIES (continued). Transfer fee is included. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. Includes unlimited day use and overnight camping. The Company makes available on its website, www.pismocoastvillage.com, access to its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and all amendments to those reports as soon as reasonably practicable after such material is electronically filed with or furnished to the Securities and Exchange Commission (SEC). sig. (400 resorts) for $45.00, Email bobcheri1971@aol.com or call 360-835-3017, KQ Ranch, Julian, CA Platinum Plus (paid $12,000) $7000.00 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. This approximation is based on historical information. boat and trailer rentals. A Pismo Beach timeshare lets you enjoy all your favorite activities at your leisure. RV Services Great fishing is available, along with windsurfing, beachcombing, and waterskiing. On June 12, 2020, the County of San Luis Obispo allowed lodging businesses to operate at full capacity with restrictions on amenities. 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. cchris1981@verizon.net. I give my elec. The earnings per share are based on the 1,775 shares issued and outstanding. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. Pismo Coast Village RV Resort. Please contact Lloyd or Marilyn Philipps at 520 722-1782 or email azgalnow@yahoo.com . Although the supply-demand balance generally remains favorable, future-operating results could be adversely impacted by weak demand. these are still light compared to the summer high season when locals and tourists flock to the beautiful beaches. 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. Make time to visit Dinosaur Caves Park and Spyglass Park to make the most of the views, rock formations and the wildflowers on the bluffs. 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. Stays at preserves can be reserved 90 days in advance and can be up to 14 days. 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 Seasonal fluctuations within this industry are expected, and management projects that income for the fourth quarter will be approximately 40% of its annual revenue. You can pick a home park from an extensive listing all over the United State when transferred. Do Not Sell or Share My Personal Information. If you have a disability that is preventing you from experiencing this Search for. 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. Then, those member banks issue CDs in amounts under $250,000, so that the entire deposit balance is eligible for FDIC insurance. This decrease in expense primarily reflects labor, workers compensation, repairs and maintenance, and legal fees. Sports enthusiasts can enjoy surfing, fishing, kayaking, sailing, body boarding and kite boarding at places like Pismo State Beach. View all View all photos (99) Traveler (91) Pool & Beach (18) Room & Suite (2) About 4.0 Enter your details below to be emailed when inventory matching your specifications becomes available. We have a national one we can no longer use. 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. These levels are well within the guidelines established by management for the individual category sales of RV supplies and General Store merchandise. Interest Expense for the three-months ended March 31, 2021, is $3,985, compared to $4,801 for the same period in 2020. Either way, you'll find yourself surrounded by luxury with amenities like spas, shops, restaurants, fitness centers and lounges. Enter your details below to be emailed when inventory matching your specifications becomes available. and Stockholders of Pismo Coast Village, Inc. If you want to avoid the crowds, then visit Pismo Beach in the winter. The Company expects the RV service facility project to be completed and bond satisfied by June 30, 2021. sig. Capital projects are designed to enhance the marketability of the camping sites and enhance support facilities. The Company plans capital expenditures up to $200,000 in fiscal year 2021 to further enhance the Resort facilities and services. These interim financial statements are the responsibility of the Companys management. More information about cookies can be found in our. Call 603-883-8626 or 1-800-640-6886 for assistance. Although the Company does not maintain any uncertain tax positions, tax returns remain subject to examination by the Internal Revenue Service for fiscal years ending on or after September 30, 2018 and by the California Franchise Tax Board for fiscal years ending on or after September 30, 2017.
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pismo coast village shares for sale 2020