Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Well-Established Log And Timber School, Gabriola Island For Sale

Gabriola Island, British Columbia, Canada
Asking Price:
$2,100,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
Available on request

After 27 years of teaching the crafts of log and timber building to students from around the world, James is retiring and offering this successful business and property for sale. Interest in the school continues to be strong with over 200 inquiries for course availability. This is a turn key business which has been operating for six months of the year with tremendous opportunity for growth - expanded courses, art school, healing centre, retreat, etc. 4,000 sq foot timber frame house, timber frame student lounge/classroom, expansive covered shop and work yard, additional 3 single room units.

Asking price includes business, facilities, tools and property, as well as mentorship and training for buyer(s). As well as tuition, course frame projects sell as additional revenue. Excellent investment or lifestyle opportunity on spectacular Gabriola Island. Easy connections to Vancouver and Vancouver Island. Details attached, contact to discuss further. Website with photos and information. isba.ca

Property Information

Real Estate:

Real Property Included

Living Accommodation:

4,000 square foot, 6 bedroom, 2 1/2 bath timber frame home with interior and exterior fireplaces. Classroom building has a common kitchen, fireplace and bathroom on the main and a single room on the second floor. There are two single rooms above the shop, the upper one with a large deck.

Location:

Gabriola Island, 'Isle of the Arts'.

Premises Details:

Over 2 acres of property, well laid out, with an excellent well in place.

Size in square feet:
2.2 acres

Business Operation

Expansion Potential:

Courses have run only six months of the year, leaving room to grow classes/activities on site and/or expand to in-community courses and workshops across BC.

Competition / Market:

This business is grandfathered in with Islands Trust. There are no options to start another building school like this again in this area.

Reasons for selling:

Owner is retiring.

Trading hours:

Full time April through June and September through November. Part time during the remainder of the year. Excellent opportunity for growth.

Employees:
2.5
Years established:
27

Other Information

Support & training:

Current owner will mentor for one full three month session and office person will be trained. All systems and processes in place and current inquiry list has potential to fill two years of traditional course offerings. Assistant to owner has been with the business for six years, is interested in remaining with the business and could easily transition to full time instruction. All curriculum is in place as well as textbooks to support learning for both Log Building and Timber Framing courses.

Furniture / Fixtures value:
$20,000 (CAD) - included in the asking price
Inventory / Stock value:
$10,000 (CAD)
Home based:
This business can be run from home.