Monday, November 12, 2012

Looking Ahead.....


All,

It is an old axiom that everything is for sale if the right buyer comes along. Such has been the case with the Lodge for at least the past 15 years. There have even been some serious inquiries during that time, including one corporate group. Looming economic issues in 2008 made them reconsider.

I am well into my seventies now, still healthy and not too senile and there are lots of things left that I would like to do, including spending time with my seven grandchildren before they disappear over the horizon in search of their dreams and aspirations.

Owning a top-notch lodge in Alaska, going fishing every day, and rubbing elbows with some of the greatest people on the planet is the best job in the world, and an enviable life-style. But it’s time to get serious about some of the other things in life before it is too late.  

In the past we have hesitated to openly advertise the sale of the Lodge or even list it with realtors for fear of making our loyal and treasured guests nervous. It was always our hope that a like-minded investor would come along that would ensure a seamless transition, so the Lodge could continue on just as it always has and one day several years later someone would look up and say, “What ever happened to Captain Mac and Miss Patty?” Finding that buyer is still our goal, but the passive phase, waiting for him or her to show up, is changing.

With that in mind, we wanted you, our valued guests and “Friends of the Lodge” to be aware of the attached ad that will be tested in Boats and Harbors and perhaps other media, beginning next month.  It represents a new phase in our desire to sell, in that it is being advertised for the first time. 

There’s another reason for bringing you into the loop: You know who we are. You are aware of our business philosophies and how we operate. Our guests are successful people. You may know someone, or some entity that would be interested in the Lodge that would appreciate and carry on our traditions of Service and our quest for excellence.

In the meantime I wouldn't get too excited about any differences in the operation in the foreseeable future. In this economy I don’t expect people to come beating down the doors. Even if a buyer stepped up tomorrow it will take many months to put together a sales agreement, and I expect a transition period of at least a year, possibly more. Also, if we are carrying any of the contract it will mean we will be watching our investment very closely and monitoring management decisions for years to come.


So…now you know what’s going on if you see the ads. Don’t worry. We are not going anywhere anytime soon and the hope is always that we will find a buyer that appreciates the Lodge the way we all do.

See you in the summer,

Captain Mac and Miss Patty
Eat, sleep and fish