The operation behind the Mt Dobson skifield in South Canterbury has been put up for sale by its original owners, the Foote family.
Bayleys agent Kate Mullins said she was expecting offers upwards of $1.2 million for the business, equipment, buildings and Crown concession for use of the mountain.
The business could appeal to "a keen skier, investor or potentially a group looking to secure a private ski field for training," she said.
The ski area has been put on the market by manager and co-owner Peter Foote, whose family developed it in the 1970s.
Foote, who was retiring, operated the field with up to 12 staff and additional seasonal staff during the winter.
Spanning two basins, Mt Dobson has 400ha of largely uncrowded trails and reaches an altitude of 1725 metres above sea level on its south-westerly side.
The field has four lifts capable of carrying up to 4000 people an hour.
Mullins said the business usually enjoyed a long ski season because it was well positioned for natural snow cover and had plenty of natural waterways for snowmaking.
She said the business was ready to be taken to the next level.
"There is plenty of capacity to expand the existing tows and lifts to open up new runs, boosting potential increased business," she said.
School training programmes were a considerable source of income, she said.
The business came with an option to buy a nine-bay maintenance workshop and section in Fairlie. Its Crown concession was for another 39 years.