Return To Opportunities List

Opportunities

Passively Owned Ski Shop & Resort

Prime Location in Major Resort Destination

CASH FLOW
$875,219

Specifications

  • Price
    $2,900,000

  • Revenue
    $2,091,654

  • Cash Flow
    $875,219

  • Multiplier
    3.35

  • Lease
    4,000 sq. ft. retail space; Leased for $5,750/month

  • Profit Margin
    39%

In the ski and boarding industry, location is everything! Touted as the destination spot of the Adirondacks, this passively owned ski shop and resort is a popular destination boasting the tallest and steepest runs in the area. The area has hosted two Winter Olympics, and they have been selected to host the 2023 FISU World University Games.

 

The ski areas are enormously popular vacation spot for winter sports year after year, and the international recognition has led to heavy investments in the community.  Customers regularly travel from all over the world just to visit! This ski and boarding shop capitalizes on this popularity, and works exclusively with walk-ins. They only spend about $80/month in advertising, and all of their business comes from referrals, word-of-mouth, and prime location. 

 

This is a passive opportunity! The owners live out-of-state roughly 7 months out of the year.  The management and staff handle day-to-day operations without requiring much owner oversight.

 

Growth Opportunities include:

  • Increasing advertising;
  • Increasing online presence to allow online purchasing and reservations;
  • Adding bicycle and accessory sales/rentals during summer months; and
  • Adding ATV or Moped rentals during summer months.

Business Highlights

Ø  Revenue: $2,091,654

 

Ø  Cash Flow: $817,293

 

Ø  Year Established: 1997

 

Ø  Location: Lake Placid, NY

 

Ø  Service Area: 50-mile Radius

 

Ø  Services: description

 

Ø  Employees: 6-9 Staff – 3 FT; 3-6 PT (varies seasonally)

 

Ø  Reason for Selling: Retirement planning

 

Ø  Seller Training Period: Available onsite for training up to 3 months. Consulting up to 2 full selling seasons.

Financial Highlights

  • List Price: $2,900,000

 

 

·         FYE 2021 Cash Flow: $817,871

*amounts may vary

 

Cash Flow Analysis

.

Purchase Price:

$2,900,000

$
%
OR
$
%
OR
$
Years
%

Bank Loan Needed: $

Years
%
$
$
$
$
$

Funding Details

Business:

Offer Price: $

% Buyer Cash Down at Closing: $

% Seller Carry Back via Promissory Note: $

year term at a rate of %

% of Purchase Price secured by Buyer and Seller

Total Bank Loan Need: $

% of Purchase Price

Desired Loan Type:

Desired Bank Terms: year term at a rate of %

Total Business Assets, Inventory, and A/R: $

Total Undercollateralized Loan: $

Loan Payments

Monthly Payment to Bank: $
Yearly Payment to Bank: $
Monthly Payment to Seller: $
Yearly Payment to Seller: $
Total Monthly Debt Service: $
Total Yearly Debt Service: $

Conclusions

Fixed Charge Coverage Ratio

The bank will require a minimum ratio of 1.5 to be lendable.

Cash Flow:
2-Year Average Cash Flow
$
Annual Debt Service: $
RATIO:

Buyer's Net Operating Income (NOI)

The amount of money the Buyer will retain as profit.

Cash Flow:
2-Year Average Cash Flow
$
Annual Debt Service: -$
NOI:

Buyer's Return on Investment (ROI)

The rate of return on the Buyer's down payment.

Down Payment: $
NOI:
ROI: %

Attachments

Document Title / Description

This folder is empty.

Access to this Deal Room is restricted

Would you like to access the deal room?

Yes, please

Interested in
this business?

Complete the following information to sign an NDA and see more details!

Already have an account? Log in here.

Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

Thinking of Selling?
When selecting an M&A firm, please use the following Scorecard: click here for our M&A Scorecard

The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.