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Business Opportunity


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Tsiu River - Lodge Extraordinaire  


Apr. GPS coordinates: Long. 60° 04' 46" & Lat. 143° 06' 50", Datum - NAD 1927

    The Tsiu River – Bering Glacier area is like finding "Paradise" on earth. Mostly undiscovered by tourism, Eco tourism, hunters or fishermen and yet it offers probably the best hunting, fishing, Eco touring of any place I have seen and then some more.

    For those of you who are not familiar with this area, it is apr. a 100 miles south easterly of Cordova. The flight out there alone will be a life time experience and a photo opportunity second to none.

    As one flies across the Copper River Delta, known for its world renown red salmon run, the flight will take you along the rugged coast line, green meadows and forested areas towards the huge and one of Alaska's largest glaciers, the Bering Glacier.

    On this very flight you might count dozens of bears foraging the many drainages for salmon. You may also see on this flight moose, black bear, brown bear, eagles and numerous water fowl or some migrating whales along the coast.

    The air taxi will land you on a small, private airstrip near the Tsiu River between the ocean and the glacier right in front of the Lodge. The airstrip is shared with another operation at the opposite end of the strip.

    The Lodge, as it is now, has been in operation at this location since 1994, although the owner operated many years before that from the same location, but with a lessor facility. The Lodge itself was built by a craftsman from large, authentic beach logs and truly has an aesthetic feel (see photos).

    There are "7" guest cabins, staff quarters, a laundry cabin and a shop complete the improvements. Everything is connected by an elevated boardwalk and all the cabins/buildings are hooked up to a pressurized DEC approved water system and DEC approved septic system, offering showers, toilets, sinks, etc. DEC approval is a very difficult and expensive process, but a necessity to be able to provide 1st Class Service.

    The owner currently operates only during the silver salmon season, which is from apr. the middle of August to the middle of October and offers during that period world class silver salmon angling. As an added feature, there is bird hunting during the opening. After all, this property is located on the Pacific Flyway, the major passage for most of the water fowl on their return flight to the Lower 48.

    This is truly a successful, Turn Key Operation, and showing well over $300K in bookings for this coming season!

    There are opportunities galore to expand the operation! Spring steel head fishing (late April into mid May); bear or moose hunts (guide license necessary); Eco Tourism during the summer months, such as kayaking the Bering Glacier area, observing feeding bears on the coastal plains, catching Arctic Char at the mouth of the Tsiu River or bird watching as this area is known for some rare species.

    The owner's other business interest does not leave him enough time to pursue this operation to its full potential. One could say, "His loss, your gain".

    Upon my visit I saw only happy faces, as the fishing was outstanding (early October), they even got a few birds and everyone was pleased with the accommodations, the kitchen and guides. The European chef was preparing 1st class meals and the service was excellent. Most of the help has been there for many years and would wish to stay on.

    There is roughly $200K worth of inventory included in this sale, anything from boats, motors, fishing gear, generators (1 each, 40kw and 12kw), 4 wheelers to satellite television, phone and Internet, welding equipment, tools, etc.

    The price for all of this, including the ongoing business is $850,000.-

    The land, apr. 2.1 acres, is leased from the City/Borough of Yakutat, due to the lack of private land in the area. (One may be able to purchase the land outright from the Borough)

    A 30 year lease began the 1st of October, 2000, with a lease payment of $2,800.- per year. (Detailed information is available upon proof of a Buyer's financial capability).

    Property won't be available for showing until the owner's return, early August.

     

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Permit Food Establishment    

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