Want to buy a ski area? Powderhorn could be yours at Thursday's auction
If you've been dreaming up how you'd do things differently as king of the mountain, this could be your week: Powderhorn Ski Area CEO and President Steve Bailey and Dean Skalla, who have owned the ski area since 1999, are selling it in an auction on Thursday at 1 p.m. at the resort's Day Lodge, 48338 Powderhorn Road, in Mesa, CO. Fire away in the comments section below: How would you run the place?
Powderhorn is in the 11th year of a 30-year renewable Forest Service Special Use Permit that allows the resort to use some 1,600 skiable acres of forest land, according to the auction report, with a base elevation of 8,200 ft, a 9,850 ft summit and an average annual snowfall of 250".
The ski resort itself is being auctioned off in the first of six auction groups on Thursday.
Here's the Group One description from the J.P. King Auction Company:
Powderhorn Ski Resort -- Consisting of Ski Lifts, Day Lodge, Parking Areas, Office, 2 Maintenance Shops, Rolling Stock and Retail Shop with Inventory, Group One will be selling Absolute as an entirety.
Powderhorn has 3 medium speed, fixed grip lifts and one surface lift that are in good working order and have been inspected regularly by both Powderhorn staff and the Colorado Passenger Tramway Safety Board. The current lift capacity for Powderhorn is 1,980 skiers per day, with an increased 4,500 skiers per day with the completion of the Master Development Plan.
The Day Lodge occupies the Sunset Grille, a casual restaurant with wonderful views of the surrounding ski slopes and valleys. Sunset Grille has a full-service bar and can seat 200-220 people indoors, with additional patio space for 150-200 patrons. The Day Lodge is also home to adult and youth ski schools, ticketing and rental-retail facilities, and a conference room. The Lodge boasts an incredible 5,000 sf deck above the conference room that provides picnic and outdoor lounging space.
Two maintenance shops are located near the Lodge as well as 3 skier parking lots with a 750 total vehicle capacity.
The ski school at Powderhorn, an income producing component of the resort, offers youth and adult lessons in addition to a program for skiers with disabilities. Additional revenue derives from the continually growing sales of retail items and rental operation.
Bailey and Skalla bought the resort, which is near Grand Junction, in 1999.
Properties in the other five auction groups on Thursday include the 16-room ski-in/ski-out Inn at Wildewood, the Mountain View Condomium developent site, 15 single-family development sites in the Wildewood subdivision and other development sites in and around the ski area