Business For Sale Listing #BFS-152090:
British Columbia Resort For Sale
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million |
| Profits: |
Between $100 Thousand and $500 Thousand |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $5 Million and $7.5 Million (CAD $5,695,000) |
Business Summary
This unique resort is located in Revelstoke, located halfway between Calgary and Vancouver. Surrounded by the impressive Monashee and Selkirk Mountain ranges and across from Mt. Revelstoke National Park. The resort is built on a flat 19-acre bench overlooking the Columbia Valley and the beautiful Begbie Glacier. The 80 mile long Lake Revelstoke is less than 2 miles north of the resort.
The resort features a beautiful log and rock main lodge with 16 fireplace rooms, 9 log chalets of various sizes, a large indoor pool, sauna, Jacuzzi, staff rooms, small conference space, 90 seat pub with projector screen and bistro-style restaurant. The resort is well maintained and features its own well with excellent water and septic bio-plant. The resort is in great shape mechanically and esthetic.
Great Canadian Snowmobile Tours owns government permits for snowmobile operations to 7 of the largest snowmobile areas in the region, a hiking and ATV tenure and tenure to a log cabin on Frisby ridge.
As a result of the nearby ski hill development initiated in 2007, residential and recreational properties are at a premium and little recreational property is available. Consequently, feasibility studies and pre-development have been initiated for a 28 unit strata development at Glacier House Resort. Engineering reports indicate sufficient high quality water and septic capabilities on-site and preparation of the subdivision and re-zoning for strata use are in development with the city of Revelstoke. The owners are further in the process of crown application for tenure for a marina with cabins on Lake Revelstoke.
