Firehole Ranch, LLC

What Firehole Ranch, LLC does

Firehole Ranch, LLC is a privately held Montana LLC that operates a historic luxury fly fishing lodge on 640 private acres along the shores of Hebgen Lake, 18 miles from Yellowstone National Park. The property comprises 10 handcrafted log cabins (3 luxury, 3 deluxe, 5 traditional) built in the 1940s from surrounding lodgepole pine, listed on the National Register of Historic Places, and has operated continuously as a guest ranch since 1947 when Clarence "Clix" and Leila Wright converted the original Watkins Creek Ranch into an exclusive dude ranch. The property is owned by Lyndy Caine and operates seasonally for 16 weeks each summer (June 5 – September 25), hosting a maximum of 22 guests at a time.

The core product is an all-inclusive fly fishing package covering cabin lodging, all meals and beverages (including fine wines), guided float or wade fishing, gear rental, flies and tackle, airport transfers, and ranch activities, priced per person in three cabin tiers across 3-7 night stays (e.g., $3,325-$8,975 per person for double occupancy). Supplemental revenue streams include non-angling packages for guests who do not fish ($850-$1,375 per person per night), private guided Yellowstone National Park tours starting at $850 per vehicle, and an on-site Orvis fly shop selling gear, apparel, and branded merchandise. The ranch accesses 15+ legendary trout rivers in the Greater Yellowstone "Golden Triangle" (Madison, Yellowstone, Henry's Fork, Gallatin, Firehole, Lamar).

Go-to-market is direct-to-consumer only: prospective guests call (406) 646-7294 or email [email protected] to plan and book their stay, with no online booking engine and no intermediaries. Marketing relies on earned media coverage (Forbes, Men's Journal, Andrew Harper, Outside Magazine, Orvis News), social media (Facebook, Instagram), and the company's website. Distribution is domestic United States, drawing guests primarily to West Yellowstone Airport, with on-property conservation and operational partnerships with Orvis, Trout Unlimited, Gallatin Valley Land Trust, Montana Trout Unlimited, and the Greater Yellowstone Coalition.

Name

Firehole Ranch, LLC

Legal name

Firehole Ranch, LLC

Website

https://fireholeranch.com

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

1–10 employees

Short description

Firehole Ranch is a historic, family-owned luxury fly fishing lodge in West Yellowstone, Montana, offering all-inclusive guided fishing packages on legendary trout rivers near Yellowstone National Park for a maximum of 22 guests per season.

Ownership category

akta.pro rank

Product category

Luxury Fly Fishing Lodge Hospitality

NAICS

All Other Traveler Accommodation (721199)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Wilderness & Backcountry Lodges (Remote/Off-Grid) (THAGAIAB)

akta.pro secondary industries

Mountain & Wilderness Lodges (THAAAHAE), National Park & Conservancy Lodges (THAGAIAI)

Keywords

• Luxury fly fishing lodge
• All-inclusive vacation packages
• Guided trout fishing
• Montana dude ranch
• Historic cabin lodging

Headquarters

HQ city

West Yellowstone

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. All-Inclusive Fly Fishing Packages: Comprehensive packages combining cabin lodging, all meals (breakfast, lunch, dinner), beverages including open bar and fine wines, guided float or wade fishing, rental gear (rods, reels, waders, boots), flies and tackle, airport transfers, and most ranch activities. Packages priced per person based on occupancy type (double vs single) and cabin tier.
2. Non-Angling Packages: Packages for non-fishing guests including cabin accommodations, all meals, beverages, airport transfers, and activities such as hiking, mountain biking, and canoeing. Priced per person per night.
3. Orvis Fly Shop Sales: On-site fly shop offering fishing gear, apparel, flies tied by guide staff, and Firehole Ranch merchandise including shirts, mugs, fleece, and hats.
4. Yellowstone National Park Tours: Private guided tours of Yellowstone National Park customized for each group, starting at $850 per vehicle.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Firehole Ranch operates a seasonal luxury fly fishing lodge on 640 private acres along Hebgen Lake near Yellowstone National Park, offering all-inclusive multi-night vacation packages that bundle historic cabin accommodations, gourmet Western cuisine, guided float and wade fishing on legendary Rocky Mountain trout waters, rental gear, and on-ranch activities. The core product is the Fly Fishing Package available in Luxury, Deluxe, and Traditional cabin tiers for 3- to 7-night stays, complemented by Non-Angling Packages and private Yellowstone National Park tours for accompanying guests.

Product overview

Firehole Ranch is a historic Montana fly fishing lodge offering an integrated vacation experience combining world-class fishing, luxury accommodations, and gourmet cuisine. The core offering is the all-inclusive fly fishing package available in three tiers (Luxury, Deluxe, Traditional), paired with cabin accommodations ranging from private luxury stand-alone cabins to traditional shared-porch units. Supporting services include the Orvis Fly Shop for gear and apparel, professional fishing guide services, Yellowstone National Park tours, and diverse ranch activities such as hiking, kayaking, and mountain biking. All packages include gourmet Western cuisine with fine wines and a signature Wednesday evening barbecue. The ranch operates seasonally (June-September) on 640 private acres along Hebgen Lake, 18 miles from Yellowstone National Park.

Differentiator

Problem solved

Functional benefit

Products and services

• Fly Fishing Package All-inclusive fly fishing vacation packages that include lake-view cabin accommodations, all meals, guided float or wade fishing, rental gear (rods, reels, waders, boots), flies and end tackle, airport transfers, and most ranch activities. Available in Luxury, Deluxe, and Traditional cabin tiers for stays of 3 to 7 nights, priced per person based on occupancy.
• Non-Angling Package Vacation packages designed for non-fishing guests, including lake-view cabin accommodations, all meals, beverages, airport transfers, and ranch activities such as hiking, mountain biking, and canoeing. Priced per person per night depending on season.
• Yellowstone National Park Tours Private guided tours of Yellowstone National Park customized for each group, including stops at Old Faithful, Grand Canyon of the Yellowstone, Mammoth Hot Springs, Yellowstone Lake, and wildlife watching excursions. Tours start at $850 per vehicle.
• Orvis Fly Shop On-site, fully stocked Orvis fly shop offering the latest fishing gear, apparel, flies tied by the ranch's professional guide staff, and branded Firehole Ranch merchandise including shirts, mugs, fleece, and hats.
• Fishing Guide Services Professional fly fishing guide services led by Head Guide Josh Duchateau, offering guided float and wade fishing experiences on legendary Rocky Mountain trout rivers including the Madison, Henry's Fork, Firehole, Gallatin, and Yellowstone rivers. Service covers casting instruction, water reading, hatch identification, and use of wet flies, dry flies, nymphs, and tandem rigs.
• Gourmet Western Cuisine Innovative gourmet Western cuisine program included with all guest packages, featuring made-to-order breakfast, hearty fisherman lunch, and gourmet dinner with fine wines. Includes a signature Wednesday evening western barbecue tradition led by Chef Tina Moore.
• Ranch Activities On-site outdoor recreational activities including canoeing, kayaking, hiking, mountain biking, bird watching, outdoor photography, and pontoon boat rentals from Kirkwood Marina. Included as part of ranch packages or available to non-angling guests.

Quantifiable outcome

• Access to 15+ legendary trout waters in Golden Triangle
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Trout UnlimitedcoreStrategic or Co-development PartnerIn 2013, Firehole Ranch worked with Trout Unlimited to lease irrigation water rights to the State of Montana for the health of fisheries on Watkins Creek and Hebgen Lake, ensuring sufficient water for healthy trout populations during dry summer months.
• Gallatin Valley Land TrustminorStrategic or Co-development PartnerConservation partner connecting people and communities through preservation of working farms and ranches, healthy rivers, and wildlife habitat in Montana headwaters of the Missouri and Upper Yellowstone Rivers.
• Montana Trout UnlimitedminorStrategic or Co-development PartnerConservation organization working to conserve, protect and restore Montana's coldwater fisheries and watersheds through advocacy for clean water, robust stream flows, healthy habitat, and fishery management preserving wild fish populations.
• Greater Yellowstone CoalitionminorStrategic or Co-development PartnerConservation organization founded in 1983 with mission to protect lands, waters, and wildlife of the Greater Yellowstone Ecosystem for present and future generations.
• OrviscoreGTM or Marketing PartnerOrvis is a premier fishing equipment brand that endorses Firehole Ranch as an Orvis Fly Fishing Lodge and hosts a fully stocked Orvis fly shop on the ranch property.
• Kirkwood MarinaminorChannel Partner/ Reseller/ DistributorProvides pontoon boat shuttle service to transport guests to the ranch across Hebgen Lake as part of arrival/departure logistics.
• Lost Acres Flyfishing LLC (Josh Duchateau)coreStrategic or Co-development PartnerLicensed outfitter operating under special use permit in Gallatin National Forest. Josh Duchateau serves as Head Guide for Firehole Ranch and is a certified Montana outfitter.
• Global RescueminorOthersRecommended travel insurance provider offering 'cancel any time for any reason' policy through IMG insurance for protecting travel investments.

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Market position

Strengths5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/fireholeranch
• Instagraminstagram.com/fireholeranch
• LinkedInlinkedin.com/company/firehole-ranch-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Firehole Ranch, LLC