Love snow and got a spare AU$1.75 million under your mattress? We’ve found the perfect investment for you. Ben Lomond Ski Field lease is up for sale including t-bars, Pomas and infrastructure.
Tasmanian skiers’ pride and joy, Ben Lomond Ski Field, is owned by the Williams family and been operating for 45 years. The sale consists of 7 lifts (Pomas and t-bars) and the lease (due for renewal in the next 10 years).
Even better news is that the lease allows for the installation of further lifts within the Ben Lomond National Park.
You have until September 30 to submit an expression of interest. Offers over $1.75m will be considered.
The sale, according to the Australian Financial Review, does not include other businesses on the mountain, a ski school and a ski hire business and the Ben Lomond Alpine Hotel. Owned by two different families. The hotel was purchased by the Lourie family in 2014 and then burnt down last year with plans for a rebuild (since cancelled).
Ben Lomond also has a separate snow making and snow grooming business and the current ski field owners also have a stake in that business.
With so many owner operators working to different lease timings, permits and agreements, it is difficult to sell all businesses together but it is not impossible for that to happen.
Want to buy before Vail does? Contact these guys.