| For Sale By Owner | |||||||||||||||||||||||||||||||||||||
| Exclusive Listing, No Real Estate Company Services Required | |||||||||||||||||||||||||||||||||||||
 Aerial view from Lake
Library
View from back porch
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Firepit in front of cottages
Playground in front of cottages at beach | ||||||||||||||||||||||||||||||||||||
| Additional Information | |||||||||||||||||||||||||||||||||||||
I What: Established & profitable fishing & hunting outfitter (lake trout, walleye, northern pike,bass, white fish, bear, moose). Land is owned. 6 rental cabins. 1 main lodge. 24 seat restaurant, 2 efficiency rooms and one motel-room. Seasonal campsites. Includes all equipement.
Where:
On Jumping Caribou Lake, just South of Temagami, Ontario. Designated and protected Lake Trout Lake
Read on for all the details of this opportunity in an incredible wilderness setting of pristine waters, granite cliffs, and towering pines. Welcome to our fishing-hunting-leisure lodge, and thank you for taking the time to stop and consider this great opportunity. Yes unfortunately, we are attempting to sell our family business. After 20 years, is time to retire from the tourism business.
My name is Joe, I am the current owner of the Lodge. With my wife Julie we operated our business since 1991, and now due to a few health concerns we decided to retire, so unfortunately, we are looking at selling.
Whether you are an existing client or know of us by reputation for the Temagami Region, or just stumbled across this ad, make sure you visit our consumer website at : http://www.snowmobile-ontario.com http://www.ontario-fishing-cottage-rental.com http://www.vacationtemagami.com http://www.temagamiicefishing.com it contains many details and pictures of the property and area.
In addition to the detailed information at the bottom of this page, here are a few highlights...
Asking price:
$850,000 (this may be negotiable depending on when a new owner would take over, whether or not they would be taking over any confirmed future cashflow, what service or support we would provide in the hand-over of the business during the 1st year, etc.). The sooner someone wants to take over the more flexible I may be.
Terms of the transaction:
We are looking for a cash transaction. Vendor take back financing is optional as long as the downpayment is substantial.
The transaction would be a purchase of 100% of the shares of the corporation. The financial structure of the company has many attractive advantages for doing so. Also, before any sale would occur, we would obviously make sure that any debts or accounts payable are paid in full before the transfer of any shares.
Once you have had a chance to look over the material, please give me a call so that I may qualify some of the information and provide further feedback, in particular about the financials of the company. We ran it as a casual business not really benefiting from all the potential revenues of the operation. Essentially this was a retirement project for us – we made money while being at the cottage. Family and friends were always welcome to any cabin, and many revenue sources were never pursued.
Finally, I trust that this information will be used solely by potential buyers for the purpose of evaluating this opportunity during the due diligence process, and this information is not to be redistributed or communicated broadly.
In the best interest of the business, I’m sure you can appreciate that we do not want any distorted rumors to spread to our competition or our clients in general until we are able to confirm the exact future of the operation. We value our clients and their continued support greatly and want to make sure that the experience they have been enjoying for the last twenty years will continue. Further, if we eventually decide to continue operating it ourselves our suppliers and clients would only be confused.
If you decide that this is not the right opportunity for yourself, then let me thank you for your interest just the same. Maybe you, your family, or your friends might even decide to experience our outfitter as clients one day. I wish you good luck with your pursuit of owning and operating your own business – speaking from experience, it truly is a rewarding experience.
I would be happy to answer any other questions at your convenience. Please contact on the following:
Best Regards,
Joe BUSINESS PROFILE Hunting, Fishing, All Season Family Resort:
Tems of Sale: The transaction will be executed as a share purchase. 100% of the shares of the corporation must be purchased. The corporation will be debt free on closing. Payment is payable in cash on closing date. Location: Outfitter is located in a splendid location on Jumping Caribou Lake, in the Temagami Region. Access is by drive in or fly-in on float-plane, in the wintertime snowmobile access from TOP "A" Trail . Property: The resort is situated on land owned by the corporation (about 3.1 acres) on a quiet bay in the northeast part of the lake. Main Lodge with a separate building is set-up for the 8 persons hot-tub. 3 self contained efficiency rooms, 6 rental cabins, a fish cleaning house, a marina/equipment shop, and a pumphouse. 6 trailer sites, 4 of them are occupied by seasonal rentals. FEATURES & ASSET DESCRIPTIONCurrent Activities: Black bear, Moose hunting in the fall – bow and riffle. Fishing focuses on lake trout, walleye/pickerel, bass and northern pike. Winter icefishing, snowmobiling and snowshoeing. Property Features: The main lodge features: *Owners residence: two separable residences above main Lodge: 3 Bedrooms apartment with laundry and livingroom + 4 pc bathroom, +2 pc bathroom and 4 bedrooms apartment with 2 bathrooms. * 24 seat dining room, Games room with big screen Tv, pool table, organ, Arcade Video Games, library with lounging area. A high speed internet terminal is also part of the library,and hook up for laptop is also provided. On the lower level a large 10 persons sauna. In separate , 12' x 16' inside cedar finished building an 8 persons deluxe Hot Tub, complete with built in speakers and mood lighting by Beachcombers . Attached to the main building there are 2 efficiency rooms and 1 motel room. All are fully equipped with their own 4 pc bath, fridge, TV, etc.
Separate, but attached to the main lodge are 2 showers and men/women bathrooms with a laundy set available for guests in the cottages and the campsites/trailers. 6 cottages from 1 bedroom to 3 bedrooms. Every rental cottage features: * Refrigerator, stove, microwave, coffee maker, kettle, TV. * 4 pc bathroom * Running cold/hot water- potable * Fully equipped kitchen – dishes, cutlery, pots and pans, glasses, etc. * 1-3 bedrooms with beds and mattresses * Sofa and chairs, dining table * A woodstove ( except 3bedroom cottage) * Docking facilities for every cottages and campsite * Enclosed or open porch toward the lake, overlooking playground and sandy beach
Seasonal and transient campsites: 6 sites with hydro/water supply. Washrooms and showers are at the main lodge, accessible 24/7. Access to Property: Easy highway access from Highway #11 about 4.5 hrs drive from Toronto, and 45 min drive from North Bay. Access to Hospitals in North Bay or New Liskeard.Emergency medical support from Temagami, 10 minutes ride. Lodge benefits from easy local access to all required suppliers including gasoline, propane, building wood, marine mechanics, groceries, etc. School bus for kids are provided for transport. A moratorium against development on this lake has been in place for many years. No new outfitter licences can or will be issued. There will never be new competition since there are no more allowable areas for outfitters on the lake. Existing Revenue Sources: * Cabin rentals * Boat & motor rentals * Bait minnows/worms * American Meal Plan - provide breakfast, lunch and diner to small groups * Snowmobiling * Icefishing Extra Potential Revenues: Multiple other revenue sources exist that have not yet been pursued by the existing owners. These include but are not limited to:
.* Fishing & hunting licenses * On site store – consignment sale of fishing gear, basic supplies such as groceries, etc * Equipment rentals – trolling lines, depth sounders, down-riggers, paddle-boats. * Wilderness camping – transport guests to island sites within proximity of main camp * Sea-doo rentals * Full guiding services * Taxidermy commissions * Winter rentals for snowmobiling * Bear and moose sighting excursions * Cross country skiing * Eco-tours Cost Saving Opportunities: Bulk gas tanks at main lodge requires only one fill-up/year when price is the lowest. This provides heating and hot water until next fill-up - next year! Future Expansion Plans: Fly customers in from Toronto directly to the Lodge by floatplane. Establish fly-in fishing/hunting camps reachable by plane only from the Lodge. Implement new revenue sources identified above. Marketing Assets: Client database Websites http://www.ontario-fishing-cottage-rental.com http://www.snowmobile-ontario.com http://www.onlink.net/~ravlodge/ http://www.snowmobiling-ontario.com http://www.temagamifishing.com http://www.vacationtemagami.com http://www.temagamiicefishing.com URLs and contents included – a new web hosting supplier will NOT be required by the new owners.
Activities: Trade shows attendance: NONE. Advertising: For snowmobilers only in magazine and on trail map. We usually communicate with most of our regular clientele yearly via e-mail or post before each new season. Distribution of our brochures at various kiosks: NONE Registered with various trade groups and government listings :SOME
Start-up Assistance: Supply contact lists for industry associations, relevant government agencies/departments, and suppliers. Provide negotiable lenght of onsite assistance and ongoing telephone support for first season of operation.
Assets Included in Purchase Price list supplied on request, after site visit.
That's it. I'm sad to have to sell it but as this has given us many great family memories. Unfortunately, sometimes you can't control everything around you. Please contact me by e-mail with any questions. Serious inquirers that have demonstrated sincere work in evaluating this opportunity and seem committed to pursuing the possibilities of this endeavor after serious consideration and discussions with me can come to the camp for the day for a tour of the lake and our establishment. That's it. I'm sad to have to sell it but as this has given us many great family memories. Unfortunately, sometimes you can't control everything around you.
Joe
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