Ski and Snowmobile Resort for Sale by Owner
Revelstoke, British Columbia, Canada

Great investment opportunity in one of the hottest markets in Canada.

With the development of the Revelstoke Mountain Resort, a billion dollar ski-mountain project well underway, the investment in this 4-star resort for sale by owner in Revelstoke BC will quickly pay off.

Built in 2000, this fantastic resort facility offers 16, 4-star deluxe rooms, 10 hand hewn log cabins, a broad spectrum of recreational facilities and a total of 19 acres slated for strata development.

Glacier House Resort is a mountain gem. Inspired by the 1866 historic Glacier House, this 4 star resort was completed on 19 acres in June 2000.

Overlooking the Begbie Glacier and Mount Revelstoke Nat. Park, the resort displays historic values in original log and rock work. Modern amenities include oversized lodge rooms and multi-bedroom chalets with fireplaces, an indoor pool, sauna, Jacuzzi, pub, restaurant, staff rooms and office/meeting space.

Property Facilities

• 16 Oversized fireplace rooms.
• 9 Beautiful hand-hewn one to 3 bedroom log cabins with view decks, sleigh beds and hot tubs.
• One 6-bedroom group cabin (12 beds).
• Large snowmobile/ sport shop for summer and winter tours and rentals.
• Log playground, covered storage areas.
• Modern septic and water facilities
• Log gate, landscaped and lighted walkways and driveways.
• Various equipment, storage and more.
• Total of 36 rooms- 80-90 beds The lodge is well maintained and all systems are in excellent working order.

Business is strong year round with a mix of international and regional clients, trade business and strong snowmobile and ski winter business.

With feasibility studies done for the development of 28 strata units and a marina application in Lake Revelstoke underway, there is ample opportunity to take this resort to the next level.

Location:

Glacier House Resort is located only 4 miles from the Trans Canada highway. Access is by paved road access, maintained by the city of Revelstoke. The unique location provides summer and winter direct access to a large back country area.

Summer:

In summer Glacier House attracts a large clientele through international trade partners, as well as regional clients.

Many international guests come to Glacier House to enjoy the National Parks, the quaint town with its 4 museums or simply to enjoy the mountains, rivers and lakes of this region.

Revelstoke Adventure Centre offers canoeing, kayaking, mountain biking, hiking, heli hiking, and ATV (quad) tours right from the lodge.

Winter:

The resort offers direct snowmobile access to Canada’s best mountain snowmobiling. The sister company Great Canadian Snowmobile Tours offers a broad spectrum of multi-day tours to international guests, as well as tours and rentals to regional clients. 65% of annual revenue of the lodge is generated in the winter months.

More recently many skiers are finding their way to the resort, as a result of its character and facilities.

Other winter activities in the region include cross country skiing, snow-shoeing, downhill and heli-skiing as well.

Great Canadian Snowmobile Tours has tenure to 7 of the largest snowmobile areas in the region, a hiking and ATV tenure and tenure to a log cabin on Frisby ridge. The purchase of ‘Great Canadian’ may be negotiated separately or in conjunction with the lodge by interested parties.

Development Potential Feasibility studies for a 27 to 28 cabin strata development have been done and are satisfactory. As a result of the ski hill development, residential and recreational properties are at a premium and little recreational property is available.

The lodge has a strong position in the snowmobile and ski markets, making the sale of strata units a lucrative venture.

With unit prices of upwards of $ 450.000, the success of further room or cabin developments is guaranteed.

Glacier House owners are further in the process of applying for as marina license in Lake Revelstoke, which would increase summer and fall business potential substantially.

Revelstoke is poised to further grow and profit from the rapid ski hill development that saw a first successful year in 2007/8. Continuous investments in the ski hill, as well as in the community, will assist the investor/owner to take full advantage of the rapid growth of this region.

This is a great deal because the purchaser has the potential to re-coup the full investment with the sale of strata units.

Price CD$ 4,995,000 share sale.
Price per room CD$ 138,000