Looking for a change of pace? Relocate from the craziness and confinements of the, as we like to call "lower 48"? Sick of too much taxes and life restrictions?
Well think about escaping to the land of the free; Tok, Alaska. Small town Alaska life is where it is at!, now that I have lived here for fifteen years I am not sure I could ever go anywhere else. YOU are lucky if you decide change is in order and wanna work for yourself; this just might be the perfect answer since we need a change of pace too ....
Bed and Breakfast/ Nightly Cabins For Sale
Property Overview
Bed and Breakfast property with a four thousand square foot, four bedroom, four bath main-house and spacious two car garage. Also included are 5 individual cabins in a perfect location for attracting both business and leisure guests who are visiting Alaska or traveling through Tok for business, or moving in/out of state. Tok is situated 90 miles from the Canadian border is a natural stopping spot for travelers entering or exiting the state. To enter or leave Alaska via vehicle you must go through Tok, which makes owning a tourist centered business here awesome. With limited decent hotels here we often have to turn people away and there is room for expansion with this property.
The town of Tok is not incorporated so it has NO PROPERTY TAX and NO SALES TAX and ...NO STATE TAX....it's kind of amazing! Keep what you make and make what you need with the winters off. Plus, lets be honest, the federal government gives business owners all the nice tax perks, and a bed and breakfast is a fantastic way to access them. Great place for outdoor enthusiasts, with hiking, fishing, hunting, kayaking, cross country trails, berry picking and hunting all near by; seriously an amazing place to live and raise children. The only thing we worry about with our kids is the occasional moose in the yard. Ooooohhhh, the scenery here is breathtaking all year long and great for wildlife photography and/or setting up a camera to capture the magic of the northern lights.
Property Description
Fox ‘n Fireweed, previously known as Cleft of the Rock Bed and Breakfast, is an established successful 5 cabin BnB with a customer base of both leisure and business guests. It is currently only being run during the Alaska Summer season, May 15-Sept 15. The cabins are located in a quiet wooded area just a few miles from downtown Tok and half a mile off the main highway. Each of the five cabins is independent of each other, contain their own private bathroom, cozy porches, differ in size, and have their own personalities with original artwork. Major remodels, updates, and decor have been done the last 3 years, and the guests love the changes. The main house has two dining areas and a kitchen for guests' breakfast and the cabins are equipped with microwaves, mini-fridge and coffee machines for guests who wish to have breakfast in their cabin or to go. The main-house has a guest living room, front and back porch, dining/meeting room, guests gathering spaces to meet leisure and business needs, handicap accessible master bedroom, handicap ramp into the main house, and a recently remodeled basement garage currently used as a working art studio. The daylight basement has a two bedroom apt perfect for onsite caretakers or to be rented as a larger unit. Parking at all cabins and main-house, storage, 2 car garage, outdoor fire-pit and several barbeques.
Business Description
Tok is a major hub on the Alaska Highway, as it's the first town when you enter Alaska, most travelers stay in Tok before further travel. Fox ‘n Fireweed has taken advantage of the positive business climate and created a successful business with an online presence, as well as a working relationship with several travel adgencies. The Alaska Summer Season is from May 15 and runs through the beginning of Sept, making it easier for owners to travel during the winter months if desired. Currently cabins are not rented out from Oct-April, main house is occupied/ available to rent all year long.
Limited Summer season of 2020 had a 64% occupancy
Summer season of 2019 had +90% occupancy
Summer season of 2018 had +77% occupancy
Reason for Selling
Health issues have created a need for life changes and priorities have shifted.
Terms & Asking Price
Turnkey sale including real estate, furnishings fixtures and equipment, business/domain name, guest list and advanced reservations. Financials are available to qualified buyers.
Property Details
* 5 Guest Cabins
* 4 bedroom Main house w 4 Bathrooms
* Built in 1985
* BnB operating since ~1992
* Last Renovated/ repairs in 2020
* Main house building is 4,100 SQFT
* Lot is 5 Acres
* Property Website
Financial Details
* Offered for sale at $485,000
* Average Daily Rate: 550-700 in summer season
* Annual revenue is ~$105,000 for summer season 2019
Contact Information
* To learn more contact Shauna Lee
* Email: shauna@foxnfireweed.com
* Email: shaunalee907@gmail.com
* Phone: 907-505-0039
