Glacier Bear Lodge

Yakutat, AK
Yakutat Borough County

Glacier Bear Lodge


Asking Price: Annual Revenue:
$2,640,000 $1,700,000

Services: Hotel, Motel, Lodging


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RE: Glacier Bear Lodge Broker: glacier bear lodge

Quick Facts

Asking Price: $2,640,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: 15
BBN Listing #: 273057388
Broker Reference #: Not Disclosed

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Business Overview:

WELCOME TO the GLACIER BEAR LODGE
IN YAKUTAT, ALASKA

http://www.glacierbearlodge.com/

Fishing and Outdoor Adventures in Alaska

Whether it’s a world class Alaska Fishing trip, or simply a chance to get away from it all, Glacier Bear Lodge can accommodate. Located in Yakutat, Alaska, our 30 room lodge, full service restaurant, bar, and fleet of rental vehicles has all the amenities and activities to experience a true Alaska adventure.

Glacier Bear Lodge is centrally located, between the Yakutat Airport and town. We provide the best lodging and dining accommodations in the area. The Situk River is a premium river with runs of Steelhead and all five Pacific Salmon species throughout the spring, summer and fall. We have drift boats that will take you on a 14 mile trip down the most beautiful river in Southeast Alaska, the Situk River.
Getting to Glacier Bear Lodge is easy! Alaska Airlines flies through Yakutat twice daily. No "puddle jumpers" to get here!

Book an Ocean Charter

The Yakutat area has the best bottom fishing in Alaska. The Halibut fishing is typically in shallow water with short runs to the fishing area and has the highest average halibut weight in Alaska. The Glacier Bear Lodge owns a 28 ft North River charter boat, it has twin 250hp Yamaha outboards, a 9'6"" beam, is stored inside our new 36x60 pole barn and is maintained and operated by Captain Ty. Daily charters are usually fully booked during the season.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Glacier Bear Lodge(GBL) is located in Yakutat, Alaska only 3 miles from the airport. There are three main buildings, one is the main lodge with full service restaurant and bar, one is a two story with 22 rooms and one a one story with ten rooms, each room has two double beds and bathroom. A new 36'x60' pole barn with loft houses seasonal employees, has a dedicated shop and winter storage for the boats. A full service fish cleaning station and a dedicated vacuum pack room with three commercial vacuum pack machines and walk in freezers to store fish. GBL also has a tackle shop and apparel line for sale. The lodge now has 15 vehicles for rent to the customers and 15 drift boats, 10 jon boats and a 28 foot ocean boat (6 pack) for Halibut and bottom fishing, two new 250 Yamaha outboard motors were installed for the 2019 season.

Market Competition and Expansion:

The Yakutat area is perfectly located far enough from major cities so fishing here is a destination. Small town with limited access keeps the area from being over-fished. There are a limited number of lodges with Glacier Bear Lodge being the largest with the only full service restaurant and bar in town. Most commercial properties are bed and breakfast type so having a full service lodge is an advantage in Yakutat. Glacier Bear Lodge is a full service lodge that cleans, fillets and vacuum packs the clients catch and sends them home with a box of processed fish. The Yakutat area also has the best shallow water(100 feet) Halibut fishing in Alaska

Reason for Selling:

retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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