Economic Feasibility Studies and Financial Planning
Economic assessment Balderschwang Ski Resort
Client: Town of Balderschwang
Year: 2008
The local council of
Balderschwang is considering to take over the management of the local ski
resort from a private owner. Balderschwang has the highest snowfall of all Germany with an
average of 698cm during the last 10 years. Negotiations are based on a
feasibility study and company evaluation conducted by Montenius Consult.
Future concept and feasibility study for the ski slopes in Hellenthal/Eifel
Client:
Gemeinde Hellenthal
Year: 2007/08
Assesment of
development opportunities for the ski lifts by integrating existing
infrastructure and additional activities to achieve a profitable economic result.
Evaluation of the economic efficiency and presentation of the economic effects of the planned expansion of the Wurmberg Cable Railway in Braunlage/Harz
Client: Wurmbergseilbahn GmbH
& Co. KG, Germany
Year: 2006
To ensure the continued existence of the
enterprise, the operators of the Wurmseil Cable Railways intend to realize
several modernisations, expansions and amendments. Most of the measures affect
parts of the nature protection area Oberharz (NSG). As the Wurmberg with its
winter sports offers and the all-season cable car service is considered by the
council of Goslar to be of major importance for the tourism profile of the
Harz, a clearing procedure for the NSG has been initiated. Within this clearing
procedure, Christoph Schrahe was commissioned to proof the economic sustainability
of the Wurmseil Cable Car project. In order to weigh up the interests of nature
protection against common welfare, the economic effects on business environment
of the enterprise had to be evaluated and shown as well.
Evaluation of economic efficiency snowmaking project Hunau lifts Bödefeld
Client: Ski resort Bödefeld-Hunau-Lift GmbH & Co. KG,
Germany
Year: 2003
To complete the documents needed for
an application for funding in the frame of the project Master Plan
Wintersport-Arena Sauerland, Christoph Schrahe delivered a business calculation
taking into account the planned investments in a new snowmaking system and the
associated operational costs. The new construction had become necessary because
the existing snowmaking system was under-dimensioned and could not be further
extended due to construction conditions.
Feasibility studies for snowmaking systems
As part of the realisation of projects within the masterplan for the ski resort area of the Sauerland region, Christoph Schrahe carried out the following projects:
- Snowmaking system for Nordic trails at Ski Langlaufzentrum in Schmallenberg-Westfeld (2004/2005)
- Snowmaking system for Skiliftkarussell Altastenberg (2004/2005)
- Snowmaking system for Skikarussell Winterberg (2004/2005).
Feasibility Study winter sports offers Panorama-Park Sauerland
Client: Panorama-Park Sauerland GmbH, Germany
Year: 2003
Development of possible offers
during wintertime (alpine skiing, snowboarding, tobogganing, tubing,
snowshoeing, ice-skating, snow play area etc.) for the Panorama-Park Sauerland,
a theme park on the ridge of the Rothaargebirge currently opened in summer
only. The aim was to extend the park’s season. In the first stage the
snowmaking potential was evaluated with the aid of SnowPlan. Moreover, a
break-even-analysis taking into account the respective investments, operational
and financing costs has been performed. The study also included recommendations
concerning pricing, the services to be offered and a draft version of a
marketing concept. As a result the feasibility was judged critically as the
operators of the Panorama Park lacked specific know-how in the winter sports
business.
Feasibility-Study SnowWave Hahnenklee
Client: Goslar Town Council,
Germany
Year: 2002
A feasibility study for an indoor
ski slope in the Harz Mountains: The project included a detailed survey among
existing indoor ski facilities and a market and competition analysis in the
area surrounding the potential location. Visitor forecasts for different
scenarios were carried out and served as a basis for a projection of
operational costs and possible revenues. The project turned out to be not
feasible. Alternative strategies for developing winter sports tourism at
Hahnenklee were proposed.
Description and evaluation of capital acquisition strategies
Client: Ski lift company
Homberg-Ziegenhelle, ZĂĽschen, Germany
Year: 2001
The management of
Homberg-Ziegenhelle Ski Area Ltd. realized that it had to invest in quality
improvement in order to increase the area's attractiveness to skiers. However,
it was not possible to raise the necessary funds from the company's own
resources. SnowPlan outlined different options of capital acquisition as well
as chances and risks respectively. A synopsis intended to attract potential
investors and an evaluation of the company were developed. Within a short time,
the company found new investors and first modernizing measures were realized in
summer 2002.
Calculation of profitability snowmaking system Bocksberg
Client: KVG Goslar-Hahnenklee,
Hahnenklee, Germany
Year: 2000
The Bocksberg Cable Railways had
obtained planning permission for the installation of a snowmaking system for
the 1.2 km trail from the top of the Bocksberg mountain to the village of
Hahnenklee. The Nature Preservation Association lodged a complaint in order to
stop the development. They argued that it would not be possible to run the ski
area on a sound economic basis. On the basis of a study carried out by SnowPlan
it was possible to prove in court that this was not the case. The court ruled
in favour of Bocksberg Cable Railways. After two months of construction, the
snowmaking system went into operation in November 2001.
Development Concept Summer- and Winter Sports area Monschau-Rohren
Client: Summer and Winter Sports
Centre Monschau-Rohren, Germany
Year: 2000
With approximately 250,000 visitors per
year the “Summer and Winter Sports Centre Monschau-Rohren” is one of the main
visitor attractions in the county of Aachen and particularly in the region
Monschau/Eifel. In line with ideas about a succession plan, Christoph Schrahe
worked out a development concept indicating the
potential of the economic capacity of different additional offers and giving
advice about the future positioning of the leisure centre.
Feasibility Study snowmaking system Postwiese
Client: Postwiesen Ski Area,
Neuastenberg, Germany
Year: 1999 (Monitoring
consultancy until 2002)
Planning of a snowmaking system for
the Postwiesen ski area Winterberg-Neuastenberg with SnowPlan.
Due to a special climate situation
it was important to determine the capacity of the snowmaking system exactly.
Furthermore, the snowmaking coverage was aligned with the existing lift
capacity which reduced the necessary investments considerably.
Taking economic and regional aspects
into account, it was proved that the project was economically viable.
Afterwards the Postwiesen ski area successfully applied for government
subsidies.
The installation of the snowmaking
system in combination with a new electronic ticket system and a new grooming
machine (total investment 1.8 million Euros) brought tremendous results:
Whereas the 10-year average of operating days had decreased from 71 (1979-1988)
to 32 days (1989-1998) before the installation, it increased to more than 90 days
afterwards. Average daily visits increased from 250 to 625 and the turnover was
increased by 800%.