Founded in 1989 by the current owner, this seasonal business has been operating at the same location in a White Mountains New Hampshire downtown location. Near multiple ski resorts. Named one of Skiing Magazine’s Top Tuning Shops, their service work is guaranteed, and they offer one of the largest selections of winter sports rentals in the area including alpine, alpine touring, snowboards, snowblades, cross country, and backcountry equipment.
This ski shop uses only the highest tech tuning equipment from Wintersteiger, including the revolutionary Ceramic Disc Edge Finish. They are also proud to announce the latest addition to their ongoing commitment to ski tuning, the state-of-the-art Wintersteiger Scout Plus automated service station which delivers simply the best performance, efficiency, and technology for unbeatable ski tuning.
For snowboarders, they offer the quality and precision of the Wintersteiger 2100 IL-T. The extra wide stone offers superior base structures for any width board. In addition, the Swix EVO Pro Edge Tuner is a high precision electrical disc edge tuner, developed to restore, maintain, and give board edges a World Cup finish.
This opportunity also includes the real estate within which the shop is housed, which is valued at $600,000.
Financial Information
$1,300,000
Asking Price
$312,500
Cash Flow
$769,358
Gross Revenue
N/A
Down Payment
Yes
Financing
$203,933
Adjusted EBITDA
Business Location
City:
Confidential
State:New Hampshire
Financing Comments
Minimal seller financing available depending upon the strength of the deal.
Reason for Sale
Seller is looking to retire after 37 years of running a successful business.
Detailed information
Year Established:1989
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 2
Part-Time Employees:8
Contractors:N/A
Owner Worked Hours/w:40
Inventory Included: No
Inventory Value:
$345,761
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value:
$600,000
Building Size: 2048
FF&E Included?: Yes
FF&E Value: $173,564
Training/Support
The seller is willing to stay on and train for two weeks after the transfer of the business and is willing to negotiate a consulting arrangement depending upon the needs of the buyer.
Facilities
The shop is housed in a 1.75 story building, including 2048 square feet of working area. The downtown lot is .26 acres, directly on Main Street, and includes ample parking.
The real estate, furniture, fixtures, and equipment are all well maintained and in very good condition.
Market Outlook/Competition
The tourism and attraction industry in the White Mountains and Lakes Region of New Hampshire is the economic lifeblood of these regions. When visitors are in force during peak seasons, attractions, restaurants, retail establishments, and natural destinations are very busy midweek and weekends from June through October, and weekends and school vacation periods from December through March.
This ski shop, which appeals to families, winter sports hard-core enthusiasts, and tourists, competes with other ski shops in the area but considers its competitive advantage to be its experienced staff, individual customer service, concentration on recreational skiers and snowboarders, and a location closer to a large ski resort.
Real Estate Description
The shop is housed in a 1.75 story building, including 2048 square feet of working area. The downtown lot is .26 acres, directly on Main Street, and includes ample parking.
Real Estate value is $600,000.
Save