*SOLD* Year Round Upper Midwest Ski Area For Sale with Nearly $4 Million in Revenue and $750k of Owner’s Cash Flow. Semi-Absentee Owner.
This is a once in a lifetime opportunity to own a well-established, highly popular, and consistently profitable ski area that features:
- Multiple year round revenue streams.
- Semi-Absentee ownership with a strong management team in place.
- A significant and ongoing investment in buildings and equipment who’s value likely exceeds the asking price.
- Most recent annual sales topped $3.8 million and Owner’s Business Cash Flow exceeded $581k.
- Asking Price of $2,250,000 includes inventory and a substantial amount of fixed assets.
- Real Estate is available separately at $1,800,000. Owner’s Cash Flows increases to $751k if the buyer also owns the real estate.
- Numerous sales and growth opportunities exist.
- This is a great opportunity for an individual with a passion for skiing and outdoor activities.
- Bank financing available to qualified buyers to purchase both the business and real estate. Buyer must have enough liquidity to provide a $610k down payment and have a minimum net worth of $1 Million.
- Listing ID:
- Sold 3-1984
- Industry:
- Service
- Location:
- Minnesota
- Revenue:
- $3,887,791
- Business Price:
- $2,250,000
- Down Payment:
- $610,000
- SDE (Cash Flow):
- $581,915
- Real Estate for Sale:
- Yes
- Real Estate Price:
- $1,800,000
- Listing Agent:
- Randy Krivo
- Years in Business:
- 20+ years
- Is this a franchise:
- No
- Employees (Full-Time):
- 20
- Reason for selling:
- Owners pursuing other business interests
- SBA Financing Available:
- Yes