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Country Hotel With Restaurant & Pub For Sale

Likely, British Columbia, Canada
Asking Price:
$950,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$310,000 (CAD)
Cash Flow:
$220,568 (CAD)

Turn-Key Operation providing both a great place to live as well as work.

The Likely Lodge is a hidden gem in the Cariboo; quaint and friendly with a glimpse into the region's history. Open year round and serves local residents; employees of the mining and logging industry; government employees; and visitors to the area enjoying the great outdoors and the regions historical sites. (Bullion Mines- Cederpoint Mining &Logging Museum-Quesnel Forks Ghost Town-Little Niagra Falls & Ghost Lake Falls) Activities in the region include sightseeing, hiking, fishing, boating, kayaking, biking, quadding, hunting, sledding and cross country skiing.

The 9,000 square foot, recently renovated Lodge was re-built after a fire in 1949. It is part of the well known Cariboo Gold Rush Trail: Situated at the mouth of the Quesnel river in downtown Likely.

The Lodge consists of 10 Hotel Rooms; a licensed Pub with seating capacity of 120 plus licensed Sundeck with capacity of 20. The 60 seat restaurant also sports an outdoor summer patio.

The pub and restaurant has plenty of space to accommodate the physical distancing mandates during the current covid 19 restrictions.

The Lodge has a large commercial kitchen installed six years ago. Additional upgrades over the past five years include a new heating system, wood boiler; new well, roof and siding. The hotel guest rooms were re-floored and the walls painted in the past year. 75% of the bathrooms have been recently upgraded with new fixtures installed. All furnishings, equipment, stock and supplies are included in the purchase price.

In addition to the Lodge the property has a second building consisting of a 950 square foot manager/owner's suite and a 800 square foot 3 bedroom staff apartment. Both recently renovated.

Third building on the property is a 1,200 square foot shop consisting of a two bay workshop and a three bay wood shed that can also be used as carports.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

900 square foot one-bedroom manager's apartment with 1 1/2 baths, kitchen, seperate dining-room, large living room, and a mudroom. Residence is located behind the Lodge on the same property in a duplex. Other half is a 3 bedroom apartment with small kitchen and diningroom/living room combo plus a mudroom.

Location:

Likely, BC

Premises Details:

Refurbished Historical 10 room Lodge with Restaurant and Pub. Originally built in 1903, rebuilt in 1949 after a fire. Situated in downtown Likely on a picturesque waterfront property on paved road.

The 9,000 square foot Lodge, in the past 6 years has been updated with new roof, siding, well, hot water heating system, wood boiler and fire alarm system. Plumbing and wiring has been professionally upgraded where necessary. A new fully equipped commercial kitchen installed, and new subfloors and flooring in most parts of the building. Half the furnishings and most of the fixtures and appliances have been replaced, keeping the feeling of olden days alive. A dormer stairwell installed and 2,000 square foot attic space developed into loft rooms.

The Business includes 2.25 square acres of waterfront property.

With the 9,000 square foot Lodge with 10 hotel rooms; common kitchen and common tv room; restaurant with commercial kitchen; and large pub.

With a 1,700 sq ft Duplex (900 square foot "Manager's Apartment" and 800 square foot "Three-Bedroom Staff Apartment")

Property also includes a 1,200 square foot outbuilding. With three bay woodshed/car port and a 2 bay enclosed workshop.

Likely is located at the outflow of Quesnel lake and the mouth of Quesnel river, formerly known m Quesnel Dam. Located on the Cariboo Gold Rush Trail on the Back Road Circle Route from Forks to Barkerville.

Size in square feet:
2.25 Acres of land and 9,000 sq foot Lodge and. 1,700 square foot Doplex, and 1,200 square foot Out building

Business Operation

Expansion Potential:

There are possibilities galore for expansion.
Building of cabins or campsites on upper lot. (Many years ago there were 4 cabins up there).
Developing the Lodge as a destination site for weddings, business seminars and retreats.

Developing a fishing or guiding component. Rafting OR boating,or wildlife viewing excursions. There is the possibility of starting a rental business with boats, kayaks, canoes, quads or sleds. Currently we only provide hunting and fishing licences from here; but are often asked about these other services (not available in the area).

Quesnel Lake is the deepest fjord lake in North America and the third largest. It has great fishing and beautiful Water Falls. You can go boating all day and only meet one or two others out on the lake. There is Yanks peak, Browntop and miles of old unused forestry roads just waiting to be explored. This is an interior rain forest with lush green vegetation. You can go miles and miles and meet no other person.

The possibilities are endless for expansion if you love nature and have the energy, finances, and personnel.

Competition / Market:

High Country Inn;12 Room Motel- located a few blocks away and serves breakfast only. Currently no other pub or all day restaurant in Likely.

Reasons for selling:

Current owners are in mid sixties and looking to retire.

Trading hours:

Last year the hours of operation were 10 am to 10pm. This year we have expanded the hours; Restaurant 8:00 am to 9:00 pm. Pub 11:00 am to 11:00 pm. Lodge is open year round.

Employees:
Three full time and two part time employees
Years established:
Likely Lodge was first known as Quesnel Lake Lodge and was established in 1936. Under the name of Likely Lodge since 2014.

Other Information

Support & training:

We are planning on retiring in Likely and could stay on staff for up to 6 months to support and train if required. After that time we could be available on a consulting basis if needed.

Financing available:

May consider assistance in financing a down payment.

Furniture / Fixtures value:
$165,000 (CAD) - included in the asking price
Inventory / Stock value:
$48,000 (CAD) - included in the asking price
Website:
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