Motivated Seller Lakefront Resort In BC For Sale

Business description

Seller has already purchased their new home and is very motivated to sell. 14.77 deeded acres on beautiful Puntzi Lake in the heart of the Chilcotin area of British Columbia, Canada. 550 ft of waterfront, 6 lakefront cabins, 15 serviced RV sites, 1660 sq ft log home with 3 bedrooms, 2 baths, 2 decks, 1 with hot tub, wood and electric heat, high speed internet, 2 artesian wells with excellent water, 50' X 34' shop, 18 seat restaurant, coin laundry, washroom/shower house, office/store, boats, motors, plus much more. Turn key operation. Increased income every year since 2007. Many repeat customers. Presently open mid May to end of November. Great neighbors/community. Excellent fishing for kokanee and rainbow trout. Puntzi Lake is 7 miles long and 3 miles wide and is 140 ft deep at it's deepest. Located 2 hours west of Williams Lake, BC. Owners will consider offers including other property as partial trade.
This is not a business that is on the decline. We are selling a good business with excellent income. Reason for selling is the owners wish to retire.

Log Home
1 1/2 story log home built in 1988
Main level is 1250 sq ft
Upper level (loft) is 420 sq ft
Total 1670 sq ft
Logs on outside of home have been totally refinished and chinked in fall of 2008. Inside logs were chinked in winter 2008.
New metal roof and insulation in spring 2008
Newer, top of the line appliances
On demand hot water
2 large decks. Front deck is partially covered and includes a built in hot tub
Main level has living room, dining room, kitchen, 2 bedrooms, 1 full bath, hallway with laundry hookups and closets
Upper level has bedroom with en-suite which includes shower, sink and toilet
Upper level has 4 ft walls on sides with crawl space for storage
Blaze King wood stove
Electric baseboard heaters
TV satellite dish
High Speed internet

Cabins: There are 6 cabins. Photos of the cabins and resort photos in general can be found on our website at kokaneebayfishingresort.ca Details of individual cabins below:

Eagle Nest Cabin:
735 sq ft
Kitchen, living room, dining area, 3 bedrooms, 4 piece bathroom
Newer fridge and stove
Includes microwave oven, toaster, kettle, coffee maker, pots and pans, dishes, tableware
Blaze King wood stove
Furnishings include 2 double beds, 2 single beds, table and chairs, sofa, love seat, recliner, coffee table, end tables, TV, satellite dish, satellite receiver

Lake House Cabin:
790 sq. ft
KItchen, living room, dining area, 3 bedrooms, 4 piece bath
Newer fridge and stove
Includes microwave oven, toaster, coffee maker, pots and pans, dishes, tableware
2 wood stoves
Furnishings include 2 double beds, bunk beds, table and chairs, sofa, love seat, recliner, coffee table,end tables, TV, satellite receiver
New deck on cabin (2011)

Fox Den, Pelican Pouch, Kokanee Cove
The Fox Den and Pelican Pouch have brand new bathrooms built on with shower, toilet and sink. Also new hot water heaters in both cabins. The addition allows a higher rate to be charged. The Kokanee Cove is the same layout as the Fox Den and Pelican Pouch but without the bathroom. Also the Kokanee Cove has cold running water only.
Fox Den and Pelican Pouch 460 sq ft. Kokanee Cove 420 sq. ft
Kitchen, living room, eating area, 2 bedrooms
Wood stove
New fridge and stove in 2008. New coffee makers and toasters in 2008. Includes microwave oven, pans, dishes, tableware
Furnishings include 1 double bed, 2 single beds, sofa, loveseat, table, chairs, coffee table
Color TVs for movie rental

Clampets Cabin:
One room log cabin, 240 sq. ft
1 double bed, kitchen table nook can be made into a bed as well, stove, fridge, coffee maker, toaster, dishes, pots and pans

Other buildings on the property are listed below:

Restaurant:
420 sq. ft
The restaurant is operated on a reservation basis. Guests to the restaurant include work crews, camping guests as well as local residents.
Kitchen contains a newer oversized fridge, newer stove, microwave, twin sinks, dishwasher, dishes and cutlery for at least 25
Eating area contains 3 newly refinished tables and benches (winter 2008)
Additional concrete patio with table and chairs
(The restaurant which we call "The Lucky Spoon" is a profitable part of the business. There is definitely more business to be had if someone has the interest to be open more, but it does work well to be run as we do)

Office/Store/Washrooms/Coin Laundry/Storage
This building has a front portion and a back portion. The front portion is the office and store. The office has a desk, filing cabinet, and a large counter with cupboards and drawers. The store portion is used to sell tackle, convenience foods and we also have a freezer in it which has ice cream treats also for sale.
The back portion of the building is the men's and women's modern washrooms. Each washroom has 2 toilet stalls and a shower stall as well as 2 sinks. They have tile flooring and the walls are painted white. Between the washrooms is the Coin Laundry area which has a coin operated commercial washer and dryer. Behind the laundry room is the utility room which is lockable from the laundry room and has a washing machine for camp laundry, the water heaters for showers and laundry as well as shelving, camp linens and cleaners.

Fish Cleaning Hut:
8 X 8
The fish cleaning hut is wooden and is totally screened from about 4 ft up. Inside is painted white, has tiled flooring with a drain for easy clean up, a sink and aluminum counter. It has a light as well for those later evening fishermen.

Boat House:
12 X 14
Located near the water.
Contains a freezer for guest use. Back part of the building is lockable and contains the pressure system (which pumps water from the lake to the toilets as well as the fish cleaning hut), boat motors, boat gas tanks, life jackets, paddles, etc.
On the front of the boat house is a small deck and a Telus Pay Phone

Garage and Wood Storage:
20 X 12 garage has wooden doors, shelving, wood floor
20 X 24 is covered and used for wood storage as well as storage for some equipment
Total roof was redone in spring 2009
Located by the log home

New for 2010 - 34' x 50' shop (1700 sq. ft.) 10' ceiling, metal roof on engineered trusses, double glaze windows, insulated 500 gallon tank under floor for heat storage, all on a cement foundation.

Tool Shed
8 X 12
Has a work bench, drawers and shelves
Lockable

Storage building
240 sq ft
Lockable and sealed well

Campground:
15 serviced with water and power RV sites
8 are lake front
7 are pull throughs
Attractive, nicely treed, grassy sites
Sites have picnic tables and fire pits

Playground
Contains playhouse, 2 swing sets, basketball hoop in grassy area
Chain link fenced area is level with clay base used for badminton and volleyball.

Equipment included:
Boats and motors
Canoes
Picnic tables
Furnishings, appliances, furniture, dishes, bedding, etc. in cabins
Coin laundry machines, plus, plus plus...
Much more!

Water supply:
2 artesian wells provide excellent drinking water with no shortage of supply

Puntzi Lake is 2 hours west of the city of Williams Lake. It is known for an excellent place to fish for kokanee and rainbow trout. (Kokanee are land locked sockeye salmon). Development around Puntzi Lake includes full time residents as well as seasonal cabin owners. We belong to the district of Chilanko Forks. The lake itself is 7 miles long and 3 miles wide. It is recorded to be 140 ft deep at it's deepest. Pull through sites are easy to access and also have a lake view. Our cabins are all lake front. We have many repeat guests who come year after year and many several times a year. Guests who are here for the first time leave happy and will be back. We have reservations for 2012.

Property information

Real Estate:

Real Property Included

Living accommodation:

Log home is on premises, close enough to easily keep track of guests coming and going but also private enough to maintain your own life. Log home has 3 bedrooms, 2 bathrooms. Open floor plan for kitchen, dining room and living room with vaulted ceiling. Total of 1660 sq ft. Large covered deck with hot tub out front of house. Large side deck as well. Very comfortable home with new top of the line appliances throughout. On demand hot water, excellent drinking water, excellent well and septic. New metal roof (2008) Satellite TV, Telephone, BC Hydro, high speed internet, road is maintained all seasons.

Location:

Puntzi Lake is in the heart of the Chilcotin area of British Columbia. Puntzi Lake is a 2 hour drive west from Williams Lake (180 kms).

Premises details:

Nicely treed with aspen and pine. Gentle slope to lake. Very neat and tidy, maintained well.

Business Operation

Expansion potential:

Expansion is an option both by being open during the winter and also by expanding the cabins or campsites. We offer meals to our customers and work crews. The restaurant could be open more regularly for the locals and this option for the area would be well received because the nearest restaurant from here is 45 minutes away.

Competition / Market:

There are 3 resorts in operation on the lake. Our customers tell us that we have the nicest moorage and also they like the lake front cabins and campsites. Excellent repeat business as well as new business.

Reasons for selling:

Retirement. We have already purchased our next home and are motivated to sell.

Trading hours:

Presently open mid May to end of November.

Employees:

We run the business ourselves (husband and wife).

Years established:

40 years

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Willing to carry a First mortgage only to a maximum of $270,000.

Website:

Please click here to view the link

Related documents:

• 
• Layout of Kokanee Bay (not to scale)

Home based:

This business can be run from home.