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Listed by:

Maxten Group Business Brokers

Established Telegraph Cove Resort In Vancouver Island For Sale

Vancouver Island, British Columbia, Canada
Asking Price:
$12,500,000 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

After 45 years of stewardship by the Graham family, the world-famous Telegraph Cove Resort is now for sale. Included in this remarkable opportunity, along with the business, are 35.6 acres of property with development potential and a recently built 24-room hotel. There are multiple cottages, Killer Whale Cafe, The Old Saltery Pub, Sally's Coffee Shop, a general store, a marina, a launch ramp, offices, laundry, staff facilities, and a long boardwalk. A Whale Museum building, a forest campground. hiking trails; plus, leases provided to Prince of Whales whale watching and North Island Kayak. The price also includes Tide Rip Grizzly Adventures, a business operating 3–12 passenger boats, and all the necessary foreshore leases. This once-in-a lifetime offering comes with all the equipment and furnishings throughout the resort, backed by friendly staff devoted to providing world-class service!

Property Information

Real Estate:

Real Property Included

Living Accommodation:

A 3-bedroom house is currently occupied by existing owners.

Location:

Telegraph Cove Resort is located on the north tip of Vancouver Island, on the west side between the island and the British Columbia Mainland.

Premises Details:

A beautiful resort with history, much can be done to enhance and grow the operation.

Size in square feet:
Approximanetly 36 acres
Planning Consent:

Easy to obtain

Business Operation

Expansion Potential:

HUGE: There are approximately 35.6 acres that can be further developed into additional suites for rent, condominiums, or townhouses.

Competition / Market:

Minimal

Reasons for selling:

Retirement

Trading hours:

May to September annually

Years established:
47 years

Other Information

Support & training:

YES!

Financing available:

NO

Website:
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