Christchurch Ski And Snowboard Shop With Mountain Transport For Sale

Business description

This Ski & Snowboard Hire shop has been a Christchurch landmark for all
skiers and boarders since June 1993 when it first opened its doors to the
public.

Born from a Mountain Sports concern, established in 1973 on Cashel Mall in
Christchurch this Snow sports Hire operation was opened in response
to demand for a quality rental-specific ski and snowboard shop “on the way
out of town”.

At Avonhead, the business is located on the main arterial
road heading west, while still being within Christchurch City limits. This
location, on 656 Sqm, provides perfect positioning as all skiers and boarders
have the option of taking the Old West Coast Road to Porters Ski Area and beyond, or
turning off to Hororata and the Rakaia Gorge to Access Mt Hutt Ski Area and Mt
Olympus. We have 7 Ski Areas all within 1.5 to 2 hours drive from Christchurch.

The Ski Transport Business, has been operating for 5
seasons. The business uses Toyota Hiace 4WD 10 seat ski van to take
locals and visitors to Mt Hutt daily with a door-to-door service stopping at
the shop for all rental gear.

A current lease is in place for $32,000.00 p.a which can be reassigned.
Alternately the land and buildings are available for sale to interested parties.
The freehold property is not for sale on its own.

Financial documents for the business and a recent valuation of the land and buildings are available by contacting the seller below.

Property information

Real Estate:

Lease

Lease terms:

The current lease is 5 x 3 x 3 years, and I am 18 months into the first 5 year term. The land and buildings are also available for sale to the purchaser of the business. However the Land and Buildings are not for sale by themselves.

Leasehold rent:

$32,000 per annum

Location:

Avonhead, Christchurch. We are on the main road heading west to the alps, opposite the Riccarton Racecourse and the Coach Corner Shops. We are 2 Km's from the Bush Inn Shopping Centre and the Canterbury University.

Premises details:

Overlander Home built brand new in 1993 specifically for the Ski Rental Operation. Has Office with Kitchen, Bathroom with Toilet and Shower. Classic open rafter style chalet with all natural wood. Building Size 100 Sqm, Property Size 656 Sqm

Size in square feet:

656 Square Metres

Business Operation

Competition / Market:

We are the only rental specific ski and snowboard shop in Christchurch, a city with 400,000 people

Reasons for selling:

This is a Family Business that is now being sold after 15 years of operation so we can move overseas.

Trading hours:

7am to 7pm, 7 days a week during Winter

Employees:

8

Years established:

16

Other information

Support & training:

As the owner/operator of business I am prepared to work with the new owners for 8 weeks.

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$95,000 (included in the asking price)

Relocatable:

This business can be relocated.