Magic Mountain Ski Area is selling shares of shares in a partnership to skiers and boarders who want to own a part of the mountain. See the Magic Mountain Website offering the stock. The entire plan can be found at the Magic Mountain Partnership Business Plan.
Shares will cost $3000 per share. There is even a payment plan so that you can purchase shares over time for three $1000 payments.
The plan lists the following benefits for those who purchase shares:
Shareholders will be entitled to the following:
- 20% discount on a season pass for adult shareholders (Must be purchased by October 1st each year to receive discount)
- 50% discount on a season pass for junior shareholders (ages 7-12, Must be purchased by October 1st each year to receive discount)
- five coupons for discounted lift tickets which they can share with friends and family
- A free Magic Card entitling the holder to discounts on day tickets throughout the season for shareholders opting not to purchase a season pass.
- Right of first refusal on new area amenities such as seasonal lockers
- Direct access to management by way of a customized web page.
- Opportunity to serve on specialized committees established by the Board
- For every paid adult pass, shareholders can purchase a 12 and under Junior pass (ages 7-12) for immediate family members at a 50% discount
- 15% discount on resort services
- Holders of 4 or more shares receive a free season pass
Magic Mountain Ski Area is located near Londonderry Vermont.
If you cannot afford to purchase a share of the mountain, there are also Save Magic Mountain T-Shirts for sale.
