Overview — Retallack Biz

The Opportunity in 60 Seconds

Acquire a proven cat-skiing operation with a 25-year legacy and 100% booking rates. Expand the platform by developing a second alpine lodge that doubles capacity and anchors a luxury chalet community. Deliver an exit with an unusually attractive risk-adjusted return profile—while providing founders the optionality to retain their private chalet as a long-term legacy asset or sell at any time for liquidity.

Two Pillars of Value Creation

Pillar 1 — Resort Operating Business

Acquire at $22.5M → invest $9.6M in base lodge → build 640 Expansion ($46M) → combined stabilized EBITDA of $8.5M by 2032

Pillar 2 — Private Real Estate Expansion

18–30 luxury chalets, built over 6 years at $5M profit each = $90M–$150M in total chalet development profit

Headline Metrics

Total Equity Raise$40M (over 3 years)

Total Project Budget$85.9M

LP IRR (Base Case)~28%

LP MOIC~3.0x

LP Total Profit~$80M

Payback Year2030–2031

Hold Period2026–2035

Exit Multiple11x EBITDA

The Macro Shift

Corporate ski resorts are failing: overcrowded, homogenized by mega-pass economics, declining snowpack. UHNW buyers are moving to private, ownership-based alpine experiences.

Climate Tailwind

Warming is eroding U.S. snowpack (Aspen, Vail, Park City) while BC’s Selkirk Mountains remain stable/gaining. Demand is shifting north.

Irreplaceable Scarcity

22,000-acre grandfathered alpine tenure + 800+ acres of private development land. New tenures essentially impossible to obtain in BC. No zoning restrictions on mine claim parcels.

Access Advantage

Car-accessible (1hr from Nelson, BC) or 25-min heli from Castlegar. Direct Private Flights to Castlegar & Kelowna BC: SF 3h, LA 5.2h, Aspen 5.3h, NYC 5.5h.

Proven Platform

25+ years of operations, 100% booking rate, $1M+ EBITDA on an un-optimized business. 2,000+ existing client list.

Day-One Cash Flow

Operating EBITDA supports entitlements and provides returns from close. This is not a speculative greenfield play.

Hover over any marker to explore

Cat-Skiing

Heli-Skiing

Ski Touring

Health & Wellness Spa

Sports Training & Recovery

Snowmobiling

Nordic Skiing

Ice Skating

Curling

Hiking

Mountain Biking

Fishing

Boating

SUP

E-Biking

Stargazing

Swimming

Nature Walks

Wildlife Photography

Community Events

On Mountain Dining

Coffee Shop

Late Night Bar

Starlink Internet

Built for All Ages & Abilities

The private chalet ownership program opens up the full enjoyment of the mountain to every member of the family — not just expert skiers. Custom programming, gentler slope selections for intermediates, and a rich calendar of off-mountain activities mean that everyone has something extraordinary to look forward to. From alpine spa treatments and lodge games to all-season guided adventures, this is a place where non-skiers feel looked after rather than left behind.

A place where non-skiers feel looked after — rather than left behind.

Industry-Leading Safety Record

With more than 25 years of established mountain operations, Retallack maintains an excellent safety record backed by a top-tier guiding and mountain safety team. Helicopter evacuation insurance is included for all guests — covering even minor injuries — and the nearest hospital is only a 10-minute flight away. Retallack’s commitment to safety isn’t just a talking point; it is the operational foundation the entire experience is built on.

Helicopter evacuation included for all guests. Hospital: 10 minutes by air.