Skate Park NW

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Skate Park Skiing Business Plan

Company Summary

SP was formed as a skate skiing park for residents of Eugene, Salem, Bend, and surrounding communities. It offers 25 miles of groomed skate ski trails, rentals, and a lodge. SP will address the need for skate skiing in the Willamette area of the Cascades since currently the only area to skate ski is Mt Bachelor. SP will appeal to both beginners who are trying skating for the first time and to seasoned professionals.

2.1 Company Ownership

SP is a privately-held Oregon Corporation. Sarah Sckeei is the principal stockholder.

2.2 Start-up Summary

SP will need the following equipment at startup:

  • Enough office equipment for three desk areas;
  • Ski rentals, 20 pairs of skis with bindings, 60 pairs of boots, 25 pairs of poles;
  • Snowmobiles with grooming tractor pulls (2);
  • Various construction materials to renovate the existing building into a lodge.

SP has secured an existing large cabin which it will renovate into a lodge and rental area. Through a licensing agreement with the National Forest Service, SP was able to negotiate the right to use Forest roads as skate trails. The Forest roads are perfect for skate trails, they are flat width-wise, the right width in feet and they go through the mountains. SP will use the lodge as the base of operations and will use the snowmobiles to groom the miles and miles of new skate trails.

In addition to this equipment needed for startup, Skate Park will require the following equipment for its snack bar and small gift/pro shop:

  • Microwave;
  • Commercial freezer and refrigerator;
  • Assorted serving dishes and pots/utensils;
  • Unit electric heating elements (2);
  • Espresso machine (subsidized by the espresso bean vendor);
  • Shelves, display racks, hanging units;
  • Cash register.
Start-up
Requirements
Start-up Expenses
Legal $4,000
Stationery etc. $100
Brochures $300
Consultants $4,000
Insurance $2,000
Rent $2,000
Equipment $26,000
Building materials $23,000
Other $5,656
Total Start-up Expenses $67,056
Start-up Assets
Cash Required $52,944
Other Current Assets $0
Long-term Assets $70,000
Total Assets $122,944
Total Requirements $190,000
Start-up Funding
Start-up Expenses to Fund $67,056
Start-up Assets to Fund $122,944
Total Funding Required $190,000
Assets
Non-cash Assets from Start-up $70,000
Cash Requirements from Start-up $52,944
Additional Cash Raised $0
Cash Balance on Starting Date $52,944
Total Assets $122,944
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Capital
Planned Investment
Investor 1 $100,000
Investor 2 $90,000
Additional Investment Requirement $0
Total Planned Investment $190,000
Loss at Start-up (Start-up Expenses) ($67,056)
Total Capital $122,944
Total Capital and Liabilities $122,944
Total Funding $190,000