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this is true for Resorts. The passes are so cheap at places like Vail Resorts mountains because they make so much in lodging, food, and extras for your vacation. If you're gonna have a smaller place like what you're describing you'll just have to figure out how much your initial expenses are and then operating costs, thenfigure out your income after and charge accordingly. So your pass prices would be the last thing you'd figure out. And hopefully you can make it cheap thru other income sources!
(Try getting a "stimulus" loan to get it going!)
right now you got the basics of a business plan but you need the specifics of each detail for a business plan. you would use this business plan as a selling point and a organizer for you to use to sell your idea to investors or sponsors as you stated above. most investors wont just give you sponsorship money just for a idea they want facts solid information in front of them.
there are many websites about business plans i found a few just to get your mind jogging (http://articles.bplans.com/writing-a-business-plan/A-Standard-Business-Plan-Outline)-(http://articles.bplans.com/writing-a-business-plan/A-Standard-Business-Plan-Outline)- Here is a Perfect definition for a business plan this shall help-(http://sbinformation.about.com/cs/businessplans/a/aa020903a.htm)
Also you will need to find your start-up cost (equiptment etc) and your average cost (employees wages, electricle, insurance) but remember about taxes such as medicare, social socurity, federal income tax etc. you will also need to find your break even point (which is time at which you start to make a profit after debt has been paid off this will most likely take a while if you take a loan out) after loans, sponsor ships and possible partial sales of ownerships are used to boost your personal equity into the business start thinking of demographic and geographics of locations of mountains you are planning to use and population of skiers/snowboarders in the area. compare prices of competition and set your prices according to your quality of your productor or in this case your features to theirs you set your price that consumers are willing to pay. Do not forget advertising main key to a business you can always trust word of mouth it helps but usually isnt good or faast enough to keep a business alive (if you could give me names of surrounding mountains in the area and resort names i could help you get a price range idea.)
That is a small summary of basics of what need to be done i jsut completed a business plan recently mine was 27 pages. Find a Good guide on a business plan and after you finish your business plan and it still seems logical and financial possible go for it and put all your time and effort into it and plan on being broke for a few years!
Hopefully some of that helped pm me if ya got any questions i can type out the outline i ussed from a business book if you would like me to.
GOOD LUCK!
and i hope this idea works out good idea for sure!
for "Foord Prices" it is a monopoly for all ski hills because they have no competition of food industry in the area so they jack the prices up not just because cost and that it is expensive but because they can make up for lost sales there from losses in other places.
For example at my hill, hamburger $8-12 bucks 45 mins away dairy queen $2-6 hamburger would you really drive 45 mins to save $6-10 on a hamburger. Food at a hill is totally seprate from costs of running a park they jack the prices because they can and they know people will buy them when they are hungry
for the "Cat Machine" i am pretty sure you could rent them from another mountain or lease a extra cat from another mountain for a season. Possibly cheaper i dont know just a idea.
ok so yea know on average to run a cat JUST THE CAT is around 250 to 300 dollars per hour plus driver wage. so my mountain where im at its 280 dollars and hour to run the cat and 23 an hour to pay me and im out 8 to 10 hours a nite so do the math.
(Cat time for one night (280 x 8 = 2240 ))
(Drivers wage for one night (23 x 8 = 184))
(Total cost for one night (2240 + 184 = 2424 ))
(Total cost for one week (7days)(2424 x 7 =16,968))
o right there your looking at close to 2500 dollars a night in cat and operator time figure out 7 days and your at 16,968 for every week if you have just one cat thats not bad but also think how big your budget is cause our resort runs 8 cats for 16 hours a night and the lowest paid is 18 an hour. that varys from mountain to mountain for wages and also how old your equipment is the older it is the more cost per hour to run it cause parts and stuff just break on em and stuff.
anyways i hope that gives you a better picture on cat time and stuff
also to buy a new cat your looking at anywhere from 250,000 to up to 600,000. i know the top of the line PB600 park bully is close to 550,000 but the PB400 is around 400,000. and the Prinoth Bisons are around the same
Look.. read my first post in this thread and reply in an intelligent manner to that post. The second was not in response to you but rather to an estimate that was so far off the mark that I actually thought about deleting it, but rather (as a mod) set an example to thinkbefore posting clueless guesses.
I still think you are trolling and this thread is achieving the exact results you were looking for. I think you probably do know something and that you are just playing around.
In the event you aren't
Regardless of who owns the resort. As the manager of that resort you will/or should still be responsible for managing all costs associated with the operation. You should know that. Without a solid business plan you won't get sponsors. Besides, where is the return on the dollar for someone to put their name on a jib. Without knowing projected skier visits and location, you can't estimate insurance... Ok use the industry rule of 10% of your income. Your lack of understanding about wages is baffling considering that you have an economics degree and management experience with a government. Troll. OK OK OK maybe you just smoke a lot of pot or something.
Here for your first night of operation for rough estimation purposes Mr College Economics Degree Man...... assuming you are starting from scratch, as you requested
Insurance, Snow, Cat, Rail.
Insurance 2.5k ~10% of your income. Income should be enough to cover costs correct?
Snowmaking - 17k = 1 fan gun@8k, Rentals of: 480v Generator@3k, Water pump@3k, air compressor@3k.
Rented Cat from neighbor 3.5k - Cartage, fuel, operator
Rail (1) - 2k
~10% cost overrun 2k (include your wages and misc in this number?)
First night costs 27k/45= 600 tickets - think you will do that on your first day?
Consider this. Big Boulder Park - 100% coverage on 21 trails has 6 parks with lift tickets at $28 with 15 million people within 2 hours drive and barely gets 2-300 visits on Saturday and Sunday this time of the year, there is only one other mountain competing that is open, who lets you ski for free with your season pass from another hill within 45 minutes of Big BOulder.
Can this thread die now?
- Insurance - Likely be purchased as an add-on package to go with the mountain insurance.
Question: How much would this cost? Anyone in the insurance biz?
- Cat Time - Building Features, Maintenance, etc.
Question: I have absolutely no idea how much cat drivers are paid? Also, what would you expect for maintenance and build time for a mid-large size park (a week/month/season)
Snowmaking - Maybe not on the west coast, but on the east its essential to having a large park in early season.
Question: Anyone know a cost breakdown for snowmaking? Per qubic foot for bonus points!
Rails/Features - The shit you actually have to buy to make a nice park.
Question: Cost to make rails? Boxes? Keep in mind you can ammortize it over the lifetime of the feature. How long do features last?
Random Expenses: Guy's salary to check park passes, fome fencing, etc, etc.
Question: WHAT ELSE????
Some other points to ponder: How big of a population base would make it feasable? Would the mountain be willing to give you certain breaks (cheap cat time, freefencing and supplies, etc) due to positive spinoffs (increased interest in the mountain, increased lift sales, etc)?
Want creative. Just wait for it to snow, grab a shovel and rake and create something. Then call all your buddies and charge them 20$ to hike and huck it.