Business For Sale Listing 141656
Ski & Snowboard Resort- A SoCal Favorite
Status as of Jan-8-2009 at 06:02 PM: Active
Business Summary
This Southern California ski resort boasts a number of unmatched attributes for the buyer who seeks outdoor adventure and a lifestyle oriented business, while not having to move away from home as the resort is within a few hours from Los Angeles, Newport Beach, or Palm Springs. The mountain's grounds and equipment have just been completely renovated with refurbished chairs and lifts (that have been certified), manicured trails, a restaurant with a full kitchen and a beer and wine license, and an owner's or general manager's cabin.
The grounds lease for 1.5% of gross sales, on a 20 year lease – offering a buyer little downside risk. The "lodge" offers a fully operational kitchen and a beer and wine bar. All of the resort's furniture, fixtures and equipment are included in the sale, such as the lifts, warming hut, cabin, grooming equipment and goodwill.
Due to the limited number of mountains that can be developed for skiing or snowboarding, the extremely high investment costs of such development, as well as the lengthy permitting and licensing process, there are significant barriers to entry for potential new competitors.
This summer, the resort will capitalize on its downhill mountain bike offering and hiking activities for the first time. Owners that seek to further develop the property may seek to explore adding back country skiing trails, and a snowboard park complete with half-pipes, jumps and obstacles or even heli-skiing or snowboarding. The buyers may also seek to explore upgrading the beer and wine license to a full liquor license, and utilizing the venue, its lifts and grounds as a summertime retreat destination, outdoor theater or concert hall, or a venue for any number of other complementary activities.
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Industry
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Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $1 Million and $2.5 Million (1,650,000) |
