Business
Description:
Resort business
in New England in picturesque ski destination ready for a reposition
opportunity. The Resort has been owned by one family and operated for over 50
years. The repositioning of this resort offers huge upside for new ownership
via numerous revenue streams including multiple dining options, spa, conference
rooms, event spaces and more. The 29-acre property in town has a Executive a 9
hole golf course, two tennis courts, racketball and squash courts, and 117
owned rooms and 50 rental townhomes and are all included with the real estate.
This town is a major ski resort in New England, the only major ski
destination , but also a year round destination with over 60% of all tourist
income generated in non-winter months. Includes three on site dining options,
No franchise on management controls, a 22,000 SF conference center, 40,000 SF
spa and sports center, and a 10,000 SF meditative garden. Resort has been rated
4 diamond.
The
Transaction:
Owner wants to
retire and is willing to stay on for the transition.
Financial
Summary (000s)
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2019 Est by Seller
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2018
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2017
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Revenue
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$8.44M
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$7.82M
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$8.71M
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EBITDA
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$1.41M
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$1.10.m
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$1.76M
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Other Highlights
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Location
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Financials
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Management Team in Place
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Years in Business
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SIC Classification
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Northeast
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Compiled
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Yes
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55+
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7011
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Direct All Inquiries to:
Gottesman Company