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Saddleback

Jully

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Pretty crazy stuff. They have been successful in increasing skier visits to the mountain it would seem, so hopefully they can get the funding.

I'd be worried about trying to install a new lift starting in August for a december start as well.
 

xwhaler

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They have the load station as well as the entire lift up for sale on 2 different listings. Sounds like the owners didn't want to put more $ into an aging lift and are now saying they won;t open unless they can raise enough $ to buy a new lift.
Have to believe something will get done---they have invested too much into the place over the last 10-15 yrs to just close it now.

http://www.resortboneyard.com/i/doppelmayrctec-sprint/53876

http://www.resortboneyard.com/i/2004-doppelmayr-ctec--sprint/52778
 

steamboat1

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If they say the lift is at the end of it's useful life, which they did, how do they expect to sell it? Perhaps they should have replaced the lift before spending for a new base lodge & two other new lifts that weren't absolutely necessary. Hindsight is always 20/20. I'd really hate to see the place close. Having skied there several times myself it really is a great mountain. It's just to far away from anything.
 

Newpylong

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If they say the lift is at the end of it's useful life, which they did, how do they expect to sell it? Perhaps they should have replaced the lift before spending for a new base lodge & two other new lifts that weren't absolutely necessary. Hindsight is always 20/20. I'd really hate to see the place close. Having skied there several times myself it really is a great mountain. It's just to far away from anything.

There gets to be a point where one place decides something is not worth investing in anymore. It is at it's useful life for them. For someone else, that drive and return bull wheel would be perfect, the rest for spare parts. The haul rope if still good is worth something, so are the sheaves.

Close?
 

SIKSKIER

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This smells of a leverage move.Why would one say their lift is at the end of its usefull life and then put it up for sale.Do I want to buy that?So we will have to close?If its good enough for resale your telling me it wont be good enough to run this winter so we'll have to close?I'm not buying this.Has the lift been condemned?Then maybe but this is whacked.
 
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catsup948

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What would they do if they don't get a lift in time? Make people ride the little double to the tbar? That would not be ideal for some.
 

Watatic Skier

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What would they do if they don't get a lift in time? Make people ride the little double to the tbar? That would not be ideal for some.

This smells of a leverage move.Why would one say their lift is at the end of its usefull life and then put it up for sale.Do I want to buy that?So we will have to close?If its good enough for resale your telling me it wont be good enough to run this winter so we'll have to close?I'm not buying this.Has the lift been condemned?Then maybe but this is whacked.

This is kind of what I assumed too but one of the park guys there who is on Newschoolers brought up that without the Rangely lift there is a good chance they wouldn't see enough of a return to cover operating costs.

I think they should have replaced the double instead of Kennebago but as someone else mentioned hindsight is 20/20
 

Jully

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This smells of a leverage move.Why would one say their lift is at the end of its usefull life and then put it up for sale.Do I want to buy that?So we will have to close?If its good enough for resale your telling me it wont be good enough to run this winter so we'll have to close?I'm not buying this.Has the lift been condemned?Then maybe but this is whacked.

As has already been mentioned it's at the end of its useful life for the mountain. The capacity of that lift just can't support the amount of skiers who need to ride it in order for the mountain to make it financially anymore with the debt probably accumulated from the other improvements.

Definitely agree it was weird to have done the base lodge and other quads first. The Kennabago quad was to eliminate a T-bar and give access of some of the best terrain to boarders, but still, tons of terrain of the Double was pretty untouched always because of the lift's line and ride time.

From how I've read it, the Berry Family isn't looking to raise $3,000,000 from locals and skiers, they're looking probably too provide some leverage against whoever they've applied for a loan from.

The mountain was going nowhere with that lift, regardless of how good a condition it was in. They probably have some debt payments coming up in a few years and can't pay it off with the current revenue they're pulling in because of that lift.

I think it's good that they're going to refund pass holders and venders for the money they've already spent on the upcoming season
 

xwhaler

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Here is the press release from Saddleback....it does seem like a leverage play against the banks but also a call to the public to have them help suggest means of financing.
It would be a real shame if the mountain closed for even 1 season. When snow is good (and due to location it usually is) it's a very special place for all ability levels.

http://www.saddlebackmaine.com/docs/Press-Release-7-20-15.pdf
 

mbedle

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The only way this makes any sense to me is they must have been running in the red during the last couple of seasons. Just figures out it was for sale. Not a good time for them to be closing for the winter when its on the market.
 

thetrailboss

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deadheadskier

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So this place can't make it and can't find funding. But plans for a massive resort at the Balsams can find tons of $$$.

That's my take on it too. Saddleback is a far superior mountain than the Balsams, same snow and a more compelling 4 season destination with the lake at the base.

Balsams is arguably a better location with its proximity to Canadian cities and more interstate/easier travel from US cities, but still a long ways away.

I'm wondering if Saddleback is looking for State Government backed funds to support the loan for the new chair and preserve jobs. Don't see LePage going for it.
 

thetrailboss

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That's my take on it too. Saddleback is a far superior mountain than the Balsams, same snow and a more compelling 4 season destination with the lake at the base.

Balsams is arguably a better location with its proximity to Canadian cities and more interstate/easier travel from US cities, but still a long ways away.

I'm wondering if Saddleback is looking for State Government backed funds to support the loan for the new chair and preserve jobs. Don't see LePage going for it.

It's obvious that there is some kind of posturing going on here. I imagine that the bank(s)/investors who financed much of the earlier work have balked at giving them $3 million more. So the resort is now saying, "give us the money or lose everything", in order to force the situation. It's not really fair to the loyal skiers and riders.
 
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