Even some of the bigger mountains are struggling. Saddleback, in Rangeley, ME has shut down, and Sugarloaf, also in northwest ME, is not doing that great.
And while I'm not too certain on the prospects of Sugarloaf, I can't see it struggling too badly. They have held high profile events consistently, and they're owned by Boyne who have a consistent track record of running resorts. They're a strong operator in the industry.