Catylist ID:
#30803038
White Mountains NH Snowmobile Rental/Guiding Company
Undisclosed Address, New Hampshire
Business Opportunity
for Sale
| Catylist Listing ID: | 30803038 |
| Property Subtypes: | Entertainment and Leisure |
| Building Size (RSF): | See Agent |
| Sale Price: | $1,100,000 |
| Gross Revenue: | $0 (Annual) |
| Cash Flow: | $0 (Annual) |
| Last Updated: | 6/17/2022 |
Overview / Comments
|
This snowmobile rental and guiding company has been in business for over 20 years and is the premier snowmobile rental company in its market and has become a destination for visitors from all over New England and beyond. The company operates as a Subchapter S corporation and is looking to transfer the business as an asset sale. The company offers guided snowmobile tours and self-guided snowmobile rentals in the White Mountain National Forest. Well-groomed trails take riders through pristine forests with stops at majestic scenic overlooks. Some trails feature long straightaways to scenic locations while other winding trails gain in elevation towards spectacular views. Opportunities exist for novice or expert riders, individuals, and families alike as the business is proud to use the finest equipment available to ensure the best possible experience for their customers. All snowmobiles have electric start, hand warmers and reverse. The recreation industry in northern New Hampshire caters to visitors who enjoy the great outdoors throughout the year. Winter brings some of the best snowmobiling opportunities in New England with hundreds of miles of wide-open trails which feed directly into popular Maine and Canadian snowmobile corridors as well. Generally speaking, tourism destinations all over northern New England saw an increase in visitors beginning in the summer of 2020 and carrying into the winter as COVID took hold of the world and people escaped to where they could naturally socially distance. This trend continued into 2021 where establishments were able to open once again close to capacity, and COVID weary visitors continued to escape to where they could enjoy the outdoors but still be able to find a place to stay and somewhere to dine inside. As northern New Hampshire is a driving destination for Massachusetts, Rhode Island, Connecticut, Maine, New Jersey, and New York visitors, within a 3–6-hour drive of major population hubs, this area has fared extremely well in times when people are wary of air travel and regardless of the price of gas. Even during periods of inflated gas prices when coupled with economic uncertainty this destination usually outperforms fly-to destinations. |
Additional Details
| Industry Segment: | Other Entertainment and Leisure |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Value of Real Estate Included ($): | $0 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,950 | 25,218 | 46,270 |
| Median Age: | 42.09 | 40.47 | 40.58 |
| Households: | 664 | 10,148 | 18,771 |
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