Ski Resort for sale for $1
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March 26, 2010 at 5:11 pm #10580rudy-adminParticipant
Mont Orford, which is owned by the provincial government of Quebec, is on the block for $1. The catch? The buyer would have to put down a security deposit of $4 million and commit to running the resort and golf course for five years. As well, the government would still own the 1,100 acres.
According to published reports, the recreational facilities cost the government about $2 million a year since 2007.
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March 27, 2010 at 2:15 pm #18291zippyParticipant
there is the oft asked question, "how do you make a small fortune in the ski industry?"
the answer. "start with a large one."
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