1105 Angler Drive, Kenai, AK 99611 - Kenai Peninsula Borough

Exclusive Hi Lo Charters LLC Fishing Lodge! Enjoy Mountain & Creek views with exceptional Beaver Creek frontage that flows right into the famous Kenai River for world class fishing. Sellers are including 2 properties, the business, clientele list, websites, $150K in furnishings and fixtures, 4 high end boats, 9 turnkey vacation rental units, and more!! 1105 Angler Drive property offers 3ct 2-bedroom units and a detached shop, storage areas and all the fishing gear on site. Also with a detached walk-in cooler. 1230 Angler is the second included property. This property has 1.62 acres and offers a 4 plex, 2 detached cabins, a peaceful pond and an outdoor covered cooking area. That is 6 additional rentals on one lot! You will love and enjoy the Alaskan Scenery landscaping with walk down creekfront where your boats are tied up that flows you right into the FAMOUS KENAI RIVER! This top-notch resort offers dramatic breath-taking views of Beaver Creek, Mountains and abundant wildlife. This LOCATION is perfect with decades of success creating customer satisfaction located central to all the diversified guided options available. You can calm yourself and relax while tucked away in a secluded setting surrounded by Alaskan wildlife and wilderness providing you the home away from home experience. Everything the clients seek and desire in their Alaskan experience brings them back time and time again. Clients rave about the peace and enjoyment while at the lodge and always get a kick out of the world-class fishing in the river. Fish cleaning tables are provided, a walk-in cooler and gear for their clients

added experience. Hi Lo Charters offers excursions and guided trips sending you established fishing lodge business with fly out and chartered site seeing/fishing trips to meet client's needs. Hi Lo Charters prides themselves in offering the best fishing experience possible. Hi Lo Charters strives to guarantee a good time while in the big AK. Listen to the creek flow in a serene setting sipping your cocoa in front of the fire pit creating yourself a truly relaxing memorable time. This is what makes the Hi Lo Charters LLC

#1 in customer satisfaction. They care about their client's time and time again bringing a referral stream that is out of this world. What a stellar reputation to carry on in ownership. This is an amazing opportunity to gain equity while having fun. Entire property and well-built efficient buildings gleam with pride in ownership featuring 2 properties & 9 fully furnished units. Award winning

style and decor provides you the Alaskan comfort, theme and added experience. Additionally, each unit offers a full kitchen, full bathroom, with open concept space saving designs. Guests love the over-sized welcoming decks.

Peace in mind, this lodge is in a fire service area and on an all-year paved borough-maintained road. This is NOT a seasonal subdivision giving you all year use and income opportunity. This property also qualifies for lots of cost sharing incentive programs through the governing agencies. You would need to call the Kenai River Center to see the latest programs, regulations and guidelines. Endless possibilities for this UN-ZONED property. You will be amazed how easy it may be to make owning a dream resort into a reality.

POTENTIAL INCOME BELOW FROM SELLER

SUMMER INCOME/ON SEASON

Hi Lo Charters LLC has a four-month hot season for the daily rentals from middle of May through the Middle of September. Maximizing your marketing provides an average of 75% to 80% daily occupancy. The rental rate per unit per night varies based upon occupancy. On average, each unit brings in around

$400.00 a night. Summer Gross income potential for lodging is averaging $324,000 (120 days x 75% occupancy x 9 units x $400/night average= $324,000.00). Utilizing the 4 boats with guided fishing trips on the Kenai and Kasilof rivers provides an additional $432,000.00 (120 days x 75%occupancy x 16 fishing clients x 300/day average = $432,000.00). There is

gear included in the sales price of this property.

Outside guide services (deep sea fishing, fly outs, etc) pay a 20% referral fee for services offered. 2 to 3 clients will spend on average $1000 a week in activities. This provides Hi Lo Charters LLC $9000.00 in summer for other fishing charter services or referral fees.

WINTER INCOME/OFF SEASON

Each unit can make winter market rents at $1000.00-$1200.00 a month. With 9 units that's $89,100.00

more a month in revenue.

OTHER WAYS TO GENERATE REVENUE FROM SELLER

1-The potential to expand the business beyond that set out by building RV Hook Up's at both properties.

2- Guided hunting trips during the Winter months

EXPENSES FROM SELLER

They are employed outside of the lodge on off season. The owners ran the lodge as a second income working and growing their family run business. They truly enjoy being in the business and building the business capital with their profits. Everywhere you look shines pride in ownership and growth. They used all the profits they made and invested back in to growing the business capital, inventory, structures and more while advertising and working the business. This is what empowered them to grow their assets and

capital to where they are today, asset heavy. Like many businesses they could deduct various allowable expenses on their taxes. The business expenses were managed in a way to show minimal profits and, if possible, show losses for overall tax planning purposes. Expenses specific to the properties are Property Taxes $9,400, Property/Business Insurance $10,000 Utilities (gas, electric, garbage) $20,000 est., Repairs/Maintenance $3,000, Licenses/Permits $1,000.00.

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