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Silver Bear Lodge

Company Summary

The Silver Bear Lodge, located in the recently opened Crest Canyon area, has 12 two-bedroom units with underground parking, fully-equipped kitchens, laundry facilities and stone fireplaces. Silver Bear Lodge also has a common-area outdoor hot tub as well as an on-site store and on-site front desk service.

2.1 Company Ownership

Marty Snyderman and Luke Roth are co-owners of the Silver Bear Lodge.

2.2 Start-up Summary

Marty Snyderman and Luke Roth will each invest $100,000.  They will also secure a mortgage to purchase the property for $250,000 and an SBA loan for $100,000.

Resort hotel ski lodge business plan, company summary chart image

Start-up Funding
Start-up Expenses to Fund $185,400
Start-up Assets to Fund $364,600
Total Funding Required $550,000
Assets
Non-cash Assets from Start-up $350,000
Cash Requirements from Start-up $14,600
Additional Cash Raised $0
Cash Balance on Starting Date $14,600
Total Assets $364,600
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $350,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $350,000
Capital
Planned Investment
Marty Snyderman $100,000
Luke Roth $100,000
Additional Investment Requirement $0
Total Planned Investment $200,000
Loss at Start-up (Start-up Expenses) ($185,400)
Total Capital $14,600
Total Capital and Liabilities $364,600
Total Funding $550,000
Start-up
Requirements
Start-up Expenses
Legal $5,000
Stationery etc. $400
Brochures $6,000
Rental Shop Setup $50,000
Property Downpayment $50,000
Lodge Setup $20,000
Store Setup $50,000
Insurance $4,000
Total Start-up Expenses $185,400
Start-up Assets
Cash Required $14,600
Other Current Assets $0
Long-term Assets $350,000
Total Assets $364,600
Total Requirements $550,000

2.3 Company Locations and Facilities

The charm and solitude of Bear Valley’s secluded mountain setting is found just 36 miles from the Richmond International Airport.