Baller rodltg2 Posted January 14, 2013 Baller Share Posted January 14, 2013 Horton should buy this place and make it Ball of Spray headquarters! http://schnitzskis.com/swissskischool.html Link to comment Share on other sites More sharing options...
Baller Stevie Boy Posted January 15, 2013 Baller Share Posted January 15, 2013 I have just read Steven Schnitzer's write up on Swiss Ski School, he makes the numbers look very attractive, it would be interesting to see what the books say, after all the costs, purchase of Boats, Gas, Maintenance, Property Tax, Utilities, Staff, Tax on Income,etc, what would be left, after all your efforts, does anybody run a Ski School which turns over $500,000 plus per annum and makes a acceptable return for their money. Link to comment Share on other sites More sharing options...
Administrators Horton Posted January 15, 2013 Administrators Share Posted January 15, 2013 500k is a lot in your bank account but not that much for a business per year Goode ★ HO Syndicate ★ KD Skis ★ MasterCraft ★ PerfSki Radar ★ Reflex ★ S Lines ★ Stokes ★ Baller Video Coaching System Drop a dime in the can Link to comment Share on other sites More sharing options...
ampacdan Posted January 15, 2013 Share Posted January 15, 2013 How much is it listed for? Link to comment Share on other sites More sharing options...
Baller jayski Posted January 15, 2013 Baller Share Posted January 15, 2013 I heard asking was 1.5m...and I find it hard to believe that they are pulling 500k net profit per year... Link to comment Share on other sites More sharing options...
roberto Posted January 15, 2013 Share Posted January 15, 2013 I think 89 was my first visit. Golf course was just sand! Pierre and Denise working like trojans to create their vision. Flights were affordable in those days, 2 visits per year were easily achievable, plus house and skiing. Reckon I have stayed in every villa on Lake Stephanie/ North Lake. Lake Carolynn must rank as one of the best slalom lakes in the world. Sadly we lost Pierre, god bless him, he taught the wife to ski in 2000 along with his daughters Steph and Carolynn. You can not believe the character & desire he had to build that site. They were well ahead of their time in offering the 'travelling skier' the best facilities. Denise was something special on a trick ski, and no mean slalom skier. I wish Denise and Steph , Carolynn well, my best skiing memories will always reside with their facility. I hope whoever buys it will continue the 'Family Grimm Vision' Robert (UK) Link to comment Share on other sites More sharing options...
Baller BraceMaker Posted January 15, 2013 Baller Share Posted January 15, 2013 @jayski - it doesn't say 500K year net profits. ":The water-ski school operates on 4 man-made ski lakes and one natural lake. Under the current operational structure, the ski school averages 10,000 rides per year. (To put this in perspective, 2 lakes pulling 20 sets a day, 5 days a week = 200 sets a week x 50 weeks = 10,000 sets! If you average $50.00 a set, your income from these pulls alone would be $500,000.00. :" But that's 500K gross, and that's what the link says they do in an average year - gross. Now subtract cost of insurance, property, boats, staff, fuels, and see where you land. For perspective should say - install a wake park on some of that and see if you can up the wake park sets from 10K 50$ pulls with loads of overhead to 40K 10$ pulls with very low overheads. Link to comment Share on other sites More sharing options...
Baller jayski Posted January 15, 2013 Baller Share Posted January 15, 2013 @BraceMaker never seen the sell sheet, was just going by what Stevie Boy had stipulated, please forgive my ignorance as I obvioulsy did not read his post clearly before I posted my reply Link to comment Share on other sites More sharing options...
Baller jackski Posted January 16, 2013 Baller Share Posted January 16, 2013 I didn't know, when did Pierre pass away ? Link to comment Share on other sites More sharing options...
Baller Skihack Posted January 16, 2013 Baller Share Posted January 16, 2013 Most ski schools do not pay their instructors so you really only have to deduct the gas they use to ski and their room and board. Still would make it tough to turn a profit. If I could have turned a decent profit, I would have ran a ski school. But, in the end, it wasn't going to be worth the effort in my mind. I worked two years at a ski school in the 80's, and there just wasn't a whole lot of profit in it then. Link to comment Share on other sites More sharing options...
Baller MattP Posted January 16, 2013 Baller Share Posted January 16, 2013 I work at one these days. Still not a whole lot of profit. It's the nature of the beast. Link to comment Share on other sites More sharing options...
Baller Razorskier1 Posted January 16, 2013 Baller Share Posted January 16, 2013 Investments like these are done for the love of the sport and lifestyle, not to get rich. $500k gross is going to turn into next to nothing net in a big hurry once you factor in all of the fixed and variable costs. In a different but similar business I had a friend in the "lake cabin resort" business. He had a full time job. He said the only way to run a good cabin resort was to have a full time job to fund it. Otherwise, it just doesn't work. I think this is similar. Link to comment Share on other sites More sharing options...
Baller addkerr Posted January 16, 2013 Baller Share Posted January 16, 2013 Skiing does not make money, we know this for a fact. To make money you have to appeal to the people that cant do it, but want to be involved. Tubing is the best thing at our complex, allows the erm more well built ;) individual to be on the water, requires no skill and is good fun. Plus a lot less on gas than someone doing 8 passes at 34 or even 36. We run our ski club separate to the watersports centre although they are together. The skiing is either self sufficient or a bit down, as the other less serious side is up and normally paying for the skiing part. Anyone in this businesses will tell you that your in it for the lifestyle not money. So basically anyone who will invest in this is for the sport or in it to diversify. Link to comment Share on other sites More sharing options...
roberto Posted January 16, 2013 Share Posted January 16, 2013 Jackski Pierre passed away Dec 2007. I hired a jeep one year, Pierre was digging out the lake Phil Hughes uses, champions lake I think. Pierre had a Jeep to. Robere, he said in a wonderful French accent, take it to the lake have some fun, you get stuck, I pull you out with my digger. Fantastic afternoon trying to get a 4x4 stuck in an empty slalom lake, Yes , he did a lot of the work himself, he never stopped. Bless him. Link to comment Share on other sites More sharing options...
Baller jackski Posted January 16, 2013 Baller Share Posted January 16, 2013 @roberto I see it's been waaay too long since I've been to Swiss. Seems like yesterday. Link to comment Share on other sites More sharing options...
Baller BraceMaker Posted January 16, 2013 Baller Share Posted January 16, 2013 Not familiar with the area - but how bad is the location? Distance from airports/transportation? DIstance from residential areas? Distance from other attractions? Link to comment Share on other sites More sharing options...
Baller MattP Posted January 16, 2013 Baller Share Posted January 16, 2013 Swiss is about an hour from MCO an hour from disney Its in Clermont which is/was out in the middle of no where. Its defiantly grown but its nothing like the metro Orlando area. Its about 10/15min from Jack Travers Link to comment Share on other sites More sharing options...
Baller_ Wish Posted January 16, 2013 Baller_ Share Posted January 16, 2013 About 40-45 minutes west of Orlando Airport and attractions. Once your outside Orlando there's not much out that way accept the gulf course at Swiss. There's already a cable park in Orlando so no ones going to drive that far. Not a large enough population near Swiss to support it either IMHO. The site is beautiful and the lakes ski great. Hate to see it fade away. They seemed to always have boats running and students learning though. Lots of photo shoots from there for WSM. Price?? Link to comment Share on other sites More sharing options...
Baller MattP Posted January 16, 2013 Baller Share Posted January 16, 2013 I think the lake will survive with skiers that own the houses, but the school might fade away... Link to comment Share on other sites More sharing options...
Baller skibug Posted January 17, 2013 Baller Share Posted January 17, 2013 I've skied there and it skis well. It is a great all inclusive set up if you just want to ski, play golf, ski, sleep and start all over; problem is the family isn't as keen on it as I am. It is definitely an hour outside of Orlando and not much around. If I won the lottery, I would buy it and move there....so I guess I will just stay where I am at. Link to comment Share on other sites More sharing options...
Baller rodltg2 Posted January 17, 2013 Author Baller Share Posted January 17, 2013 All there is to do is ski and play golf. ? That's rough. Lol Link to comment Share on other sites More sharing options...
Baller jackski Posted January 17, 2013 Baller Share Posted January 17, 2013 Swiss is a great place. We used to go there with friends, rent a villa, ski 5-6 sets during the day, meet people from around the world, make supper together, hang out at the pool and hot tub, and sometimes at night do the Swiss Grand Prix in the golf carts (don't ask). Couldn't ask for more. Pretty relaxing after working your butt off all year. Link to comment Share on other sites More sharing options...
Baller Chef23 Posted January 17, 2013 Baller Share Posted January 17, 2013 It sounds like my dream spot if all there is to do is ski and play golf. Does the $1.5M include a house or is that extra. Link to comment Share on other sites More sharing options...
Baller rayn Posted January 17, 2013 Baller Share Posted January 17, 2013 @chef23 I like where you are going with that Link to comment Share on other sites More sharing options...
Baller skibug Posted January 19, 2013 Baller Share Posted January 19, 2013 If we can get 15 ballers together it would only be 100,000 a piece as an investment and that would be the buy in before we started negotiating down the asking price....come on, who's in? Link to comment Share on other sites More sharing options...
Administrators Horton Posted January 19, 2013 Administrators Share Posted January 19, 2013 @skibug can you finance my share? Goode ★ HO Syndicate ★ KD Skis ★ MasterCraft ★ PerfSki Radar ★ Reflex ★ S Lines ★ Stokes ★ Baller Video Coaching System Drop a dime in the can Link to comment Share on other sites More sharing options...
Baller SkiJay Posted January 20, 2013 Baller Share Posted January 20, 2013 If you do the math on how many sets and $25 golf rounds you need to sell annually to make any return on $1.5m, it becomes clear that this is more of a lifestyle retirement project for a rich patron of the sport than a business investment. Having said that, some guys spend way more on yachts, horses, race cars, and even houses with no expectation of a return. My prediction is someone who is somewhat indifferent to the numbers will be the eventual buyer, and they will probably dump a bunch more into it. That would be an awesome outcome for this fabulous enclave, and for everyone who gets to ski there. Link to comment Share on other sites More sharing options...
Baller skibug Posted January 20, 2013 Baller Share Posted January 20, 2013 @Horton, Couldn't you claim it as some type of BOS business expense for entertainment of clients? Link to comment Share on other sites More sharing options...
Administrators Horton Posted January 20, 2013 Administrators Share Posted January 20, 2013 That makes sense. I can write off a few million Goode ★ HO Syndicate ★ KD Skis ★ MasterCraft ★ PerfSki Radar ★ Reflex ★ S Lines ★ Stokes ★ Baller Video Coaching System Drop a dime in the can Link to comment Share on other sites More sharing options...
Baller skibug Posted January 20, 2013 Baller Share Posted January 20, 2013 I am an engineer at the core; so, I think anything is feasible....especially when it revolves around skiing....money is "mostly" no object, right? Link to comment Share on other sites More sharing options...
Baller BraceMaker Posted January 20, 2013 Baller Share Posted January 20, 2013 @skibug - I'm amazed by those that will drop the start up $ but split hairs when the boat needs gas, or the insurance costs on the boat. Link to comment Share on other sites More sharing options...
Baller skibug Posted January 21, 2013 Baller Share Posted January 21, 2013 @BraceMaker, I totally understand. Mostly my comments here should be taken as dreaming out loud. Link to comment Share on other sites More sharing options...
Baller Jordan Posted January 22, 2013 Baller Share Posted January 22, 2013 Guys. It doesn't say that $500,000 is the total revenue either. It says that is the revenue from skiing, it also says that there is a pro-shop and ten guest units. I have no idea if the businessis profitable, but I would doubt that it is priced at three times revenue. I would also doubt if that it's a big money maker. Link to comment Share on other sites More sharing options...
Baller Ali Posted January 23, 2013 Baller Share Posted January 23, 2013 Running the villa rentals is where the money is cheers Ali Link to comment Share on other sites More sharing options...
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