Business for Sale

North Country Lodge

usiness
868 Frontage Road McBride Cariboo Fraser-Fort George
Accommodation & Resorts
$2,250,000.00
 

38 Room Motel with HWY frontage in excellent condition with manager suite built in 1998. Turn key operation with 17% growth YTD in 2017 VS. 2016. The family run business has successfully been in operation for many years and provides a good CAP rate of 13.5%. Vendor is looking for a share sale of company which includes motel, land and business assets. The neighbouring lodge is excluded from the sale price but can be included subject to negotiation. Beautiful scenery and major route between Alberta (2HRS) and Prince George (2 HRS) and 8 hours to Vancouver. This business is also conveniently located 1 Hour from Valemount's newly approved Glacier Destination featuring North America's largest vertical drop wth year round skiing and sightseeing. Motel has great online presence and is rated 4.5 on trip advisor. The motel is well maintained with updated furnishings and rooms have A/C. Owner is looking to retire and price reflects Seller's motivation to provide a great opportunity ot a new owner. The recent price reduction makes this one of the most attractive business opportunities in the norther interior with great revenue and returns. Dont let this pass you by.

Opportunity:

North Country Lodge is a 38 Room Motel with managers suite located at 868 N. W. frontage road in Mcbride, B.C. Features a long track record income producing success with room to grow in the marketplace. e Seller is retiring and has ensured a strong foundation for the new owner to continue to nurture the future growth and opportunity of the business. e neighbouring property is also owned by CKHJ and was previously used as a lodge for a heli skiing out t. Due to the lack of use of the lodge recently the seller is offering a share sale of the motel and land to increase the market viability and CAP rate for the new owner however if a purchaser is interested, the whole package including the asset of Lot B and the lodge could be included in the share sale and the price could be negotiated for its value.

Location:

Mcbride is in the heart of Beautiful BC on Yellowhead HWY #16 between the rockies and caribou mountains. e North Country Motel is 1 1/2 hours west of Jasper, Alberta and 2 hours east of Prince george, BC. Mcbride is the only town on HWY 16 between Prince George BC and Alberta. Mcbride is extremely popular for winter sports activities including snowmobiling and back country skiing. In the summer months, outdoor enthusiasts enjoy fishing, hiking, mountain biking, trail riding and white water rafting

Improvements:

The North Country Lodge is approximately 20 years old. It is a two storey building with wood frame construction, built over a crawl space. e siding is vinyl with a metal pitched roof. Of the 38 rooms, 8 have kitchens and all have queen beds. Most units also feature A/C. All rooms contain smoke detectors, direct dial phones, TVs, and movie channel access. Many of the beds, furniture has been upgraded over the recent years.



 

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Community Profile: McBride

Cariboo
Fraser-Fort George

Welcome to McBride – a place full of opportunities. Over the past year, Council has worked with staff and citizens to provide residents of McBride with the best possible Municipal Services. The local government continues to be actively involved with Forestry issues, BC Hydro, Health, Transportation, Communications, Economic Development, Chamber of Commerce and the Regional

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