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Waterfront B&B Lodge Close To Vancouver For Sale

Chilliwack, British Columbia
Asking Price:
$2,200,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$225,000 (CAD)
Cash Flow:
$120,000 (CAD)

Perfect semi-retirement situation. For ten years we have worked 5-6 months a year and spent our winters in Mexico. Plenty of cash flow, tax advantages are endless, and incredible year-round opportunity for B&B with close proximity to Vancouver (1 hour).

Ranked #1 on TripAdvisor with 250 five star reviews, and a 9.8 on Booking.com.

With a season from May to November, we are mostly fully booked mid-August through November with incredible world-class Fraser River fishing opportunities. Within the business is a guiding operation so perfect for the guy who always dreamed of being a fishing guide! Owners willing to train in all capacities. If not, a very reputable guide company partnership is already in place. No experience on the fishing side is necessary to take this over, it is easily just an accommodation business and my partner company will handle all aspects of the guided fishing, with guests being picked up directly from our dock. We also have several strategic partnerships with many overseas agents who regularly book week long blocks for the full lodge.

June-August focuses on regular B&B tourism and getaways, so a nice full season and not just the summer months.

Cash flow is up to you, we have averaged $210-$250K in 5-6 months, but have found the income tax sweet spot to be around $210-$220K, where we have kept it the last couple years by working 4-5 months instead of 6. Potential to make much more if operated year-round are endless, and adjusting the business model to accommodate more getaways and regular tourism, or even weddings, would not be a problem. Whatever the direction, the setting and views assure success.

Accurate book keeping records and history available, no playing with the books or "hiding" cash, so completely transparent accounting.

Unique layout with nice separation for guests, owners bedrooms on site with 6 bedrooms total. Expansive decks, hot tub, cedar sauna, nature trails, towering mountainside forest setting, paved trail for UTV to riverfront dock, 20x40 shop, stunning sunset views looking 20 miles down river.

Family operated for eleven years, no advertising, completely organic growth, steady and devoted clientele. We have thoroughly enjoyed our amazing semi-retired life-style for eleven years but are ready to move to full time retirement.

Property is 3 acres with 300' riverfront and situated on prestigious Chilliwack Mountain. Completely private yet 5-10 minutes from the freeway, shopping and restaurants.

Fully furnished, turn-key including two side x side UTV's, a quad with snow plow, log-splitter, yard machinery and equipment. Also included in the price is a "Guide Package" including a 2016 22' Thunderjet riverboat fully equipped for guiding, plus rods, tackle, 15 pairs waders/boots, etc. If you don't wish to personally guide and instead use the guide company we are associated with, we will reduce the price by $100K and remove the Guide Package from the sale.

Property value potential is huge, without the business! Waterfront property within an hour of Vancouver, plus lots of multi-family development on our Mountain just minutes away.

Come live the dream!

Property Information

Real Estate:

Real Property Included

Living Accommodation:

6 bedrooms total including owners space.

Location:

Waterfront B&B Lodge on the Fraser River, Chilliwack Mountain in the heart of the Fraser Valley.

Size in square feet:
Land: 3 Acres. House: 3,356 sq. ft.

Business Operation

Expansion Potential:

Limitless. Currently operated just 4-5 months per year on a semi-retirement basis.

Competition / Market:

Only Fraser River waterfront B&B/Lodge from Chilliwack to Vancouver

Reasons for selling:

Retiring

Trading hours:

June to November.

Employees:
2
Years established:
2009

Other Information

Support & training:

Yes, will train new owners.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

1st Mortgage offered at 6.5% for qualified buyers. Up to 1 million.

Furniture / Fixtures value:
$75,000,175,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD)
Website:
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Home based:
This business can be run from home.

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