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*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
Listing Price:
$2,250,000
Down Payment:
$610,000
SDE (Cash Flow):
$581,915
Real Estate included:
Yes
Real Estate list price is:
$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

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