| Asking Price |
$2,535,000 | Inventory |
$6,000* |
|---|---|---|---|
| Gross Income |
$600,000 | Real Estate |
$1,720,900* |
| Cash Flow |
$152,000 | Year Established | 1981 |
| FF&E |
$320,000* | Employees | 14 |
* included in the asking price
** not included in the asking price
Northwest Voyageurs, LLC, D.B.A. "Northwest Voyageurs and Little Salmon Lodge" (the "Company") is one of the nation s leading full service outdoor centers catering to the growing domestic active travel market. The Company owns an attractive waterfront Lodge that is set on the banks of the Little Salmon River and surrounded by gorgeous canyon scenery. The Company is strategically headquartered in the heart of the Northwest in West Central, Idaho less than two hours, 45 minutes from Boise and four hours from the Coeur d'Alene, ID and Spokane, WA metro regions. The Company caters to high-end guests, offering a variety of adventure packages ranging from 1-day to 1-week in length. The Company s predominant activities are whitewater rafting and steelhead fishing on the Salmon River in Idaho and the Snake River in Hells Canyon. The Company also offers multi-sport adventures which include lodging, all meals and a variety of outdoor activities including rafting, fishing, horseback riding, mountain biking, hiking, and kayaking, and has permits on several other less-used rivers as well. In addition, the Company works in partnership with foreign in-bound travel companies to offer overseas adventures to the Galapagos Islands, Costa Rica, Baja and Tanzania. The Company s strategy is to continue to leverage its loyal customer base and attract the most qualified and cost effective sales inquiries through its marketing and public relations efforts, and alliances with special interest groups. The Company is in a unique position to offer its customers a diverse menu of services. Its seasonal business is complimented by a growing custom and affinity sales to leading travel groups, non-profits, and alumni groups from around the nation.
Attachments: Download additional information (DOC)
Facilities: The Little Salmon Lodge is a spectacular accommodation set in the Salmon River Canyon near Riggins, Idaho. The property totals over two acres and includes over 2,000 ft. of river frontage. While the lodge building is nicely set out of view of Highway 95, a portion of the land sits along the Highway, offering 400 feet of highway frontage. Facilities also include a 1400 square foot equipment shop and a 600 square foot retail cabin.
Competition: Though rafting is among the most popular outdoor sports in the Northwest, the Company has little direct competition within the Salmon River corridor. There are, however, a number of companies that are based in Riggins and that provide day trips, yet none of them have the location advantage nor offer a similar amenity base to the Company. In addition, a majority of the Company s day trip clients are from the Spokane area and are looking for a high quality experience, while its local competition focuses on the Boise region and high volume, low cost trips
Growth/Expansion: In 2007, the Company has been experiencing tremendous growth, with projected revenues on track to exceed $600,000 and a total gross profit margin of 40%, because its products possess significant growth potential within its respective target markets. Furthermore, it should be noted that the Company s lodge is underutilized for eight to nine months out of the year, providing opportunities to increase custom group business and to offer specialized programming during this timeframe.
Financing: Owner financing is only available if its 100% secured.
Support/Training: The owners are willing to train the buyer and provide the necessary support required to actualize the full potential of this opportunity.
Reason Selling: The owner considering a sale for personal reasons not related to the business.

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