Seller's Contact Information

  • RE:  Aspen East Ski Shop & STE Snowboards, KillingtonVT
  • Contact:  Cathy Quaglia

Quick Facts

Asking Price: $3,880,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1975
Employees: 12
BBN Listing #: 468062912
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

LIVE, WORK AND PLAY in a lifestyle business. Don't get a job, buy a rewarding career. Aspen East Ski Shop and Surf the Earth Snowboards is an amazing opportunity available in Killington, Vermont. Premiere award-winning shop for over 47 years in New England, with online stores. And in the midst of the pandemic, store traffic and ecommerce are up. Forward thinking, established customer base and management in place. Turnkey sale includes: commercial building 9,396 sf steel frame on 5.89 Acres with potential to subdivide or build, for expansion and growth. Great visibility with 537' frontage on east/west Route 4 highway.
FFE includes updated profitable fleet of demo and rental skis, boots, snowboards, custom designed rental racks and fixtures, displays, binding tester, computers, counters. New Rental Reservation system. Inventory to be sold separately. Large inviting stylish space, comfortable for employees and shoppers, AE & STE cater to the needs of the whole family, with top brands, expert friendly advice on equipment, helmets, goggles, clothing and other warm accessories.
It’s a wonderful place to live, healthy environment, with great schools, ski academy, ski clubs and close to town shopping and services. NOW IS THE TIME to become part of this exciting future growth opportunity in the best and longest season in the East!

Owners want to retire, but willing to consider transition guidance. Buyer Questionnaire, PFA and NDA (form available upon request) required before property visit. Disclosure: Listing agent is a co-owner.

HERE’S TO YOUR FUTURE…
CONSIDER THE POTENTIAL with 5.89 Acres with 537 feet of frontage, to subdivide or build, for future expansion and growth. Use your imagination, add indoor golf and popular pickleball, or snowshoe trails, which will attract more customers to the main store. Town zoning allows for extra commercial uses and residential density under PUD planned unit development.
TAKE ADVANTAGE and open the months of May thru August, add other sports and products, when the retail store is closed (but online orders continue shipping).
Killington Elevation & Mountain Stats - Largest Ski Resort In the East is very active year-round, with concerts, events, 2 golf courses, lift-serviced mountain biking and town trails. Killington sees over 1 million visits annually, with significant growth in the summers over the past 10 years, particularly in mountain biking which has seen an over 2,000% increase in annual visits since 2013. The region attracts people from all over the world, but experiences frequent travelers primarily from MA, NY, NJ, and CT with over 50% of visitors reporting a HHI over $150k. Pico Mountain Stats - Killington, VT with its junior racing programs, hiking the nearby Appalachian Trail, canoeing and fishing the many area lakes, and foliage season make outdoor life in the Green Mountain State so special.

PLUS Killington voters approved $47 million for NEW: Six Peaks Village on over 1,000 acres, rebuild Killington Road, workforce housing, municipal water system and town offices. The community, town and resort management are joined together by the Killington-Pico Area Association and Welcome Center on Route 4, with traffic counts up to 26,000 daily, depending on the month and season.

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Property Features and Assets:

Contemporary two-story steel frame building has 9,396 square feet featuring high ceilings and windows, efficient oil radiant floor heat. High ceilings and windows, round stone gas fireplace, radiant floor oil heat, circular drive with loading dock for tractor trailer delivers to second floor warehouse, shipping, storage and office space.First floor has large deck entrance to retail showroom, half bath, furnace/utility room, workshop. Second level with offices, fixture storage room, shipping/warehouse with garage door leading to loading dock for tractor trailer deliveries. Great location and visibility with 537 ft. frontage on E-W highway, easy access via double circular driveway and lots of parking.

Market Competition and Expansion:

Take advantage and open with other sports products and brands during the 4 months May thru August when retail store is closed, but online orders continue to ship. Plus potential to build on 5.89 Acres (in 2 separate parcels), Town zoning allows other possible residential and commercial uses and extra density, in a PUD (planned unit development) on 5 acres. Killington voters approved $47 million for NEW: Six Peaks Village on over 1,000 acres, rebuild Killington Access Road, workforce housing, municipal water system and town center offices. The town, community and resort management are joined together by the Killington-Pico Area Association and Welcome Center, and it is a wonderful healthy environment, with great schools, ski academy, ski clubs and close to town shopping and services. NOW is the time to become part of this exciting era!

Reason for Selling:

Retire

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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Read More
Cash Flow $1,200,000
Revenue $3,000,000

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