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!
- Asking Price:
- $12,500,000 (CAD)
- Sales Revenue:
- On request
- Cash Flow:
- On request
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
