Hermon Mountain Ski Area- New Lower Price

Asking Price$2,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

8500 sq ft lodge with expansion potential
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Hermon Mountain Ski Area- New Lower Price


Asking Price$2,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Time for a change of lifestyle - own your own ski mountain! New Hermon Mountain Inc. is a family-owned and operated ski area for the past 40 years in one of the fastest growing towns in Hermon, Maine. The mountain boasts 100% snow making coverage with it's own pump house on Hermon Pond, supplying all the water needed. There are 3 lifts and 20 marked trails, night skiing, half pipe, a tubing park and a top-notch National Ski Patrol program. The slopes are just right for both novice skiers and experts alike. Not a skier? Take the tubing lift up then speed down the 600-foot tubing park. The main lodge was built in 2005 with 8500sq ft and houses the rental shop, snack bar and kitchen, open area seating and ski school area. There is a partially finished private 2nd floor with potential for various applications- currently built out with a bedroom and bathroom. The building has an alarm system, radiant heat and a great office space or crew lounge. The possibility exists to expand the mezzanine to include a bar or restaurant expansion. The current owners are retiring after three decades of operating and are ready to hand over the reins to the next generation. Enjoy views of Mt Katahdin from the top of the 69.62 acres. A side access road leads you to the mountain top for further expansion. Possibilities include house lots, condos, or an events venue to take advantage of the amazing views. Additional revenue opportunities exist with the communications tower. Lease equipment space on the tower for additional income (interest expressed by cell tower operators to lease space as well).The equipment list and inventory is lengthy and included. The current owners installed a new chair lift and added the tubing park during their tenure, and new pump house equipment. The mountain has a large generator for use in snowmaking and a 2nd one as well.
About the Business
Years in Operation
20
Facilities & Assets
Call for extensive list of inventory and equipment
Website
https://skihermonmountain.com/
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
8,500
About the Sale
Seller Motivation
time to retire
Listing Info
ID
2211927
Listing Views
5710
Attached DocumentsAttachment Disclaimer

disclsoures.pdf

tax cards.pdf

deeds.pdf

Business Location

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Business Listed by: Renee Hudgens

Listing ID: 2211927 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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