Rare opportunity to own a turnkey, profitable property in beautiful Sleetmute, AK. Located on the Kuskokwim River, this property is currently functioning as the economic hub for the region providing fuel, a general store, and lodge accommodations for the village. Seller intends to include in the sale a Cessna 206, boats, motors, snowmachines, four-wheelers, case dozer/backhoe and skid-steer.
Established for over 30 years, this lodge, general store, lumber mill, and fuel distribution (Cessna 206) service is a lucrative operation located in southwest Alaska on the beautiful Kuskokwim River. It is a successful family business with significant growth potential located in a federally designated opportunity zone which offers substantial incentives to anyone investing in this region.
The business grosses $735,000 per year, clearing $176,400 per year in owners' benefit and would be ideal for someone who has a pilots’ license and/or an Alaska State guide license or who can acquire both or either. The original family was a bush pilot/husband and teacher/wife combination. Retirement is the cause for sale but if a family were to buy the operation, they could eliminate approximately $75k in employee wages associated with manning the general store. Additionally, the property is situated in a qualified opportunity zone, which means no capital gains tax when you sell it.
One of the greatest aspects of this opportunity is that the owner and operator has offered to show you the ropes to ensure success as this business is passed from one family to the next. His many years of experience and knowledge about this area and this specific property will be invaluable!
• Guest/Fishing Lodge on the Kuskokwim River
• 30,000 Gallon Fuel Farm (fuel distribution)
• On-Site Lucas Sawmill
• Greenhouse & Garden
• Cessna 206 Optionally Included
• Boats, Motors, & Snowmachines Included
• Four-Wheelers Included
• General Store
• Real estate included (Opportunity Zone)
• Case Dozer/Backhoe & Skid-Steer Included
• Excellent Family Business
Price: $1,400,000
See the MLS listing here:
https://my.flexmls.com/VivianHemphill1/search/email_links/20200917000553075789000000/listings/20200811055220713786000000