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Bakers Narrows Lodge Purchase Opportunity• Family owned fishing lodge
•20 LHK Cabins•10 – 16’ boats c/w motors•2 – Pontoon Boats•Piers and Filleting Sheds•Restaurant•Lounge•Convenience Store•Convention center•3 – homes for staff•Owned land on 20 acres
• For sale due to health reasons • Rated as one of the top North American fishing camps• Year round recreation
•Fishing•Boating•Hunting•Sledding
Baker Narrows Lodge Location
- 7 hrs driving from Saskatoon Sk. On the Hanson Lake Road.
- 10 hrs. driving from Winnipeg
- Direct fight ( Calm Air ) from Winnipeg to Flin-Flon airport ( 3 km from lodge ) (1-1/2 Hour Flight)
- Float Plane accessible with sea-port
- Access to Three Fly-In lakes
Initial PurchaseLand $ 550,000
Boats and Engines $ 150,000
Equipment $ 50,000
Buildings $ 1,500,000 Vehicle $ 20,000
Furniture & Fixtures $ 150,000
Goodwill $ 580,000
Total $ 3,000,000 Funding:
•Owner Equity -$1,000,000
•Bank Loan -$2,100,000
Land18%
Boats and Engines
5% Equip.
2%
Buildings50%
Vehicle1%
Furniture & Fixtures
5%
Goodwill19%
Purchased Assets
The Offer
Baker’s Narrow Lodge Organizational Structure
Joe Moser Outfitting Manager
Cabin and Lodge
Maintenance
Rental Boat Service and
Maintenance
Guides and Pilots
Bernie MoserService Manager
Restaurant, Catering and
Shop
Chef and Serving Staff
Front Desk and Store
Housekeeping and grounds
keeping
Notes: Set up as CorporationAgreement will be in place for buy-out
Owners and Hosts
Bernadette (Bernie) Moser• U of S - Certificate in Business Administration• Saskatoon Business College – Administration• Business Owner/Operator – Custom Seamstress and seamstress training• Business Administrator – Kent and Sons Stoneworks• Office Administrator – KeyWest Engineering•Various Boards• President – Holy Cross Band Parents
Association• Saskatoon Junior Huskies Wrestling
Joe Moser P.Eng.• U of S – BSc. Mechanical Engineering• U of R – Certificate Business Administration• Manager Business Development – Potash Portfolio – Wardrop / Tetratech• Co-Owner / Manager – Crown Store-All Facilities / SecureShred• Plant Superintendant / Manager – Dominion Bridge• Various Boards• President - Usadian Executive Association• Treasurer - Rotary Club of Saskatoon North• Saskatoon Rugby Association
Value Proposition
Provide the superior Fishing and Outdoor experience with your entire family.
Competitive Advantage
•Accessibility to major centers•Family oriented amenities•World Class Fishing resource•Modern Facilities•Reputation
10000; 20%
5000; 10%
15000; 30%
15000; 30%
5000; 10%
Marketing
Web Page
Fishing Journals
Conferences
Television Shows
Sponsorships
Cost Breakdowns
281000; 29%
114000; 12%
160000; 16%
240000; 25%
184000; 19%
Salaries
Fixed Opera-tions
Variable
Capital
Mortgage
Total Yearly Costs - $979,000
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 $-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$864,610 $903,045
$943,723 $986,798
$1,032,436 $1,080,813
$1,117,549 $1,155,644
$1,195,154 $1,236,135
Yearly Gross Revenues
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
$(50,000)
$-
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$(48,739)
$38,730 $50,302
$109,685 $119,141
$184,377
$231,174 $228,137
$281,430
$329,236
Net Income
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 $-
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$253,461
$154,366 $142,635
$223,801 $200,055
$292,297 $315,344
$286,107
$371,549 $399,402
Cash FlowCa
sh
With 18% ROI required NPV = $364,000
IRR = 19%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
(0.10)
(0.05)
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
(0.05)
0.04 0.05
0.11 0.12
0.18
0.23 0.23
0.28
0.33
Return on Equity Ratio
Owner Equity - $1.00 MM
2011 2012 2013 2014 2015 2016 2017 2018 2019 20200.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.68 0.67 0.650.62
0.59
0.54
0.48
0.42
0.36
0.30
Debt Ratio
Original Debt Requirement - $2.1 MM
New Initiatives to increase revenue
• Snowmobile Rentals and Tours
• Ice Fishing Hut Rentals
• Full Time Lounge
• (Future) Ski Boat Rentals & Equipment