WM Waterski

[DaveD]

site is up for sale

parties interested in siting cable there also
http://www.wmwaterski.com/images/largeimage211.jpg

anyone know anything else

i reckon the bwsf should buy the site as it would be a much better option than spending the same money on a long term lease

[brutto 76]

Attached is the ad that's going into the BWS mag.

We have been told that "this will not affect any 2008 memberships or prices, as these will be honoured should a buyer be found." Hope so.

[Tower_boy]

I guess the bg question is... how much?!

Is it a going concern being sold in it's entirety? or is it literally just the buildings, lake and land being sold?

[lukey]

I would say going concern, if you look its being sold by 'business sales'. So im guessing its the business that for sale as opposed to land etc etc..

[brutto 76]

I'm pretty sure the land is included.

TEN80 is an independent business operating there so I don't think it will be included in the sale - but I may be completely wrong about this. Also there is a separately owned corporate events company on site. I believe the bar/restaurant is on a lease to the current operators but that expires in a year or two and will revert to the site owners who could issue a new lease or operate it themselves.

I guess revenue will come from:
1. The boat-owners lakes.
2. The cable - if you build one.
3. The lease to TEN80.
4. The lease to the bar/restaurant operators and/or from operating it yourself when the lease expires.
5. The lease to the corporate events company.
6. Anything else you can think of - and get planning permission for - on the land.

All of the above is informed guesswork and shouldn't be relied on! If anyone knows the real facts, please post 'em.

[brutto 76]

Did anyone ever hear how much they are asking?