Triangle C Ranch Highway 26, Dubois, Wyoming 82513

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1 Triangle C Ranch 3737 Highway 26, Dubois, Wyoming 82513

2 Triangle C Ranch 3737 Highway 26, Dubois, WY Nestled between Jackson Hole and DuBois, Wyoming, Triangle C Ranch rests in an idyllic mountain setting at the gateway to Grand Teton and Yellowstone National Parks. Sit around the evening campfire while soaking up the spectacular scenery and enjoy the cowboy way of life and the spirit of the West. With horseback riding, hiking, fishing, hunting, and more at your doorstep, there is never to be a dull moment. Complete with all the amenities of a working dude ranch, Triangle C is a once-ina-lifetime investment opportunity. OFFERED AT $2,790,000 MLS #

3 Triangle C Ranch was founded in 1992 on the Historical Tie Hack Camp. The Ranch operates under a special use permit granted by the U.S. Department of Agriculture and the National Forest Service. In addition, the Ranch holds permits allowing fishing, trail rides, wagon rides, and other recreational activities on the surrounding land.

4 Triangle C consists of a wonderful main lodge, multiple cozy residential lodges, plus corrals and many other facilities, improvements, and resort services necessary to operate a high-caliber dude ranch. The ranch operates primarily in the summer months, however there is potential to grow wintertime revenue with guests looking to pursue hunting, snowmobiling, and crosscountry skiing.

5 Typically guests book for a five night- six day stay, inclusive of food and most activities, and pay $2,300 per adult during peak season. Marketing is a critical piece of the ranch s success and there is a tremendous opportunity to further develop the marketing reach. Currently the ranch possesses a database of names of past customers or people who have inquired about attending the ranch. Additionally, there are steady referrals from the Wyoming Dude Ranch Association from people looking for an authentic dude ranch experience.

6 Triangle C operates with two year round employees and several seasonal employees which include horse wranglers, kid s counselors, staff to support guest programs, and others. Many employees live at the ranch during the summer and are referred by the Wyoming Dude Ranch Association as well. Repeat customers are a testament to the ranch s beauty and allure. At the doorstep to two of the most stunning and popular national parks in the country, this is a truly unique opportunity to operate a turnkey, full service dude ranch in one of the most dramatic landscapes in the West.

7 According to the Dude Ranchers Association which represents ranches in 12 states and British Columbia, occupancy rates have been up for the past few years with an estimated 80-85% occupancy rate for this summer. Repeat guest make up 40-50% of the total occupancy for dude ranches, according to the DRA.

8 Facts & Stock 3737 Highway 26, Dubois, WY THE TRIANGLE C IS A TURNKEY OPERATION AND THE SALE INCLUDES: 65 resort non deeded acres leased from the United States Forest Service (USFS) 478 grazing special permit acres (non deeded) The lease is renewable every 20 years and is currently in place until ,000 user day permits from the USFS for horseback riding, hiking, camping, excursion trips, snow shoeing, cross country skiing, sleigh rides, snowmobiling, ATV riding and more The user day permits also include the ability for the ranch to be a full cross country skiing facility The liquor license is a separate legal LLC; Tie and Timber, LLC included in sale ROLLING STOCK WHICH INCLUDES: JCV Backhoe Loader Ford Excursion Diesel 4x Ford Excursion 2004 Ford Excursion 2008 Dodge Truck Dozer 22 Horse Trailer 9 horses 18 Horse Trailer 8 horses 3 Horse Trailer 20 Car Hauler 10 Flat Bed Snowmobile Trailer 30 horses, mules, pony TACK: 55 saddles 40 bridles, pads, blankets, etc. FACILITIES: Two story 8,000 sq ft lodge overlooking the Wind River with furniture and fixtures including the Tie Hack Bar, two dining rooms (one with fireplace), wine cellar, sitting room with fireplace, offices, lobby/front room with fireplace, library, wrangler room and commercial kitchen in lodge plus walk in cooler and freezer Bottom level includes pool room with antique bar, large great room, rest rooms and massage rooms Spa pool by lodge overlooking the river 34 other buildings including cabins, storage, laundry, stables, etc. The sale does not include De Nor, LLC DBA Thunder Mountain Outfitters

9 Triangle C Income Evaluation Guest Capacity Days Rate Weeks Rate 6 Yr Ave Ave Rev 100% Occupancy 80% Occupancy 60% Occupancy 40% Occupancy 20% Occupancy Revenue Lodging Income Winter $ $25,800 $1,470,000 $1,176,000 $882,000 $588,000 $294,000 Summer $1, $504,000 $1,620,000 $1,296,000 $972,000 $648,000 $324,000 Other Income $20,000 $120,000 $96,000 $72,000 $48,000 $24,000 Total Revenue $549,800 $3,210,000 $2,568,000 $1,926,000 $1,284,000 $642,000 Expenses Guest expenses $ $ 706,000 $564,800 $423,600 $282,400 $141,200 Fixed expenses $ 655,000 $ 620,000 $ 585,000 $ 550,000 $ 375,000 Other income expense 50% of rev 50% of rev $ 60,000 $ 48,000 $ 36,000 $ 24,000 $ 12,000 Total Expense $ 1,421,000 $ 1,232,800 $ 1,044,600 $ 856,400 $ 528,200 Net Income $1,789,000 $1,335,200 $881,400 $427,600 $113,800

10 Bob Graham Owner, Associate Broker Karen Terra Owner, Associate Broker Bob Graham, Karen Terra, Matt Faupel & Julie Faupel W. Broadway, Jackson, WY Matt Faupel Owner, Associate Broker Julie Faupel Owner, Associate Broker