regardless,... 1.25mm for a ski mountain seems really cheapThe last owner put quit a bit into it to get it going again. I take it that the restaurant closed a while back? That looked like a decent steady business.
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regardless,... 1.25mm for a ski mountain seems really cheapThe last owner put quit a bit into it to get it going again. I take it that the restaurant closed a while back? That looked like a decent steady business.
I agree with the snowmaking piece. Tenney began repairing pipes to the summit but I'm sure there is a ton more to do. I am aware via Mikes videos that the snowmaking plant is toast. A new snowmaking system would be sweet but does anyone have the guts or $$$ to do it? I would imagine they would attract more customers with some serious snowmaking.Unless the new owner plans to do a complete tear down and replacement of the snowmaking plant, I don't see the purchase being with skiing in mind. Much money was put into modernizing those three lifts, but to be competitive, they likely also need to come out on top of the snowmaking.
There is a good density of skiing off I-93, it's a tough location to have a go at a ski area.
I agree with the snowmaking piece. Tenney began repairing pipes to the summit but I'm sure there is a ton more to do. I am aware via Mikes videos that the snowmaking plant is toast. A new snowmaking system would be sweet but does anyone have the guts or $$$ to do it? I would imagine they would attract more customers with some serious snowmaking.
No he left last fall or some time within the last year I thinkSo is Mike still involved?
That is strange. Thought he had stepped down.
Maybe it means he was the last one who revised it....prior to the sale.That is strange. Thought he had stepped down.
Yep. Here is what he says:On the IG post and below the “fold” of the FB post is an update from Mike. He is involved.
He stepped away from the old company. Looks like he’s affiliated high up again in the new company.
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It cost more than $4 million to reopen Tenney the first time, Bouchard said, as he had to replace everything from the snowmaking systems to chairlifts and buildings had to be fixed or replaced. It appears the sale recouped that; Bouchard said his original purchase price was $1.25 million and it sold for about $6.3 million. The sale does not include existing condominiums adjacent to ski runs.
Yeah, this is the fourth owner at least since 1997 or so......It sort of feels like Tenney is cursed. I mean in the last 25 years, how many owners/sales have there been, with none being successful?
Hopefully, the new owners can capitalize on all the work Mike did, but also, I hope they have deeper pockets.