Upscale Okanagan Exclusive Couples B & B

250-212-8538
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Business portion of this stunning property is only $700,000 (furniture, equipment, good will). Boasting an incredible income derived each season (June – Sept) of over $150,000. Truly a one of a kind property.! It boasts both LOCATION & LIFESTYLE and has earned a 5* rating on Trip Advisor!

You will feel like royalty living in and operating this “couples hidden oasis” that has a successful seventeen year track record!! Absolutely everything included making it completely turnkey and all support necessary will be provided for a totally seamless transition.

Price has been lowered by an extremely motivated owner who is returning back to her previous professional speaking and training career on a part-time basis.
Located in the “Hawaii of Canada” and the “Napa of the North”, this is a rare opportunity to become the proud new owner of an extremely lucrative (given part time only) and totally unique private resort! Onsite amenities include an inground salt-water pool, professional grade sauna and private media room with “Human Touch” massaging recliners.

Property was completely refurbished with a massive two years renovation from top to bottom with everything professionally designed from the inside out. Attention to detail and pride of ownership is evident, from the incredible landscaping to the meticulous interior spaces.

A discerning clientele makes this a most enjoyable venture for someone seeking a rewarding lifestyle and semi-retirement. Business has been primarily operated during the summer months allowing the owner to spend the winter months down south. Opportunity to expand to year ’round operation and increase revenue should new owners wish.
All marketing and procedure manuals are in place for a smooth transition, completely turnkey. Although operated seasonally, deposits are collected year around providing a steady cash flow.

Asking Price:

$2,200,000 (CAD) Furniture / Fixtures included

Sales Revenue:

$100K – $250K (CAD)

Cash Flow:

Available on request

Living Accommodation:

Located on the top floor and totally private and separate from the guest areas, includes two bedrooms, (could be 3 if the new owners chose to operate 3 guest rooms rather than 4). A large bright entry office with two skylights, living room, dining room (with built in mahogany china cabinet and buffet), full bath and a powder / laundry room. Extremely spacious and functional kitchen boasts quartz counter-tops, stainless steel French refrigerator, gas stove/oven and two Miele stainless dishwashers.

Truly an oasis situated in a prestigious residential golf community (above the Kelowna Golf & Country Club). Breathtaking panoramic views encompass Lake Okanagan, the city, mountains and golf course. Incredible central proximity is mere minutes from the lake, the Kelowna International Airport and very near world class golf courses, award winning wineries and ski hills in the heart of the Okanagan Wine Country.

The 4500 square foot property is set on a 1/4 acre of beautifully landscaped gardens with a shaded gazebo and completely private and south exposed in ground concrete (vinyl lined) salt water pool. The grounds are professionally landscaped, has a fenced and completely private rear yard, underground sprinkler system, shed/pool equipment room, brick paver walkways, river rock border, landscape lighting, a large 3 vehicle guest parking area with 3 additional parking spaces on the driveway plus a garage. The pool deck, side deck and driveway were completely resurfaced last year with beautifully stamped and designed concrete.

The interior is in pristine condition and reflects extensive renovations and updating. Materials and workmanship are of excellent quality and the layout is extremely functional. Features include above average trim, a full bath and a half, a floor-to-ceiling gas fireplace, oak kitchen cabinets, laminate and carpet, low E windows and metal entry and French double doors.

Location:

The property is located in the prestigious residential area of Golfview Estates in the established area of Glenmore in Kelowna, BC, Canada. The area features numerous schools, parks, shopping and is directly above the Kelowna Golf and Country Club.

Kelowna is a world-class tourist destination, situated in the heart of the Okanagan Valley in beautiful British Columbia, Canada. From sailing to float plane tours, waterslides and fishing charters, parasailing adventures to horseback riding, there is always plenty of fun things to do in Kelowna and the Okanagan Valley. During the winter months skiing and snow boarding can be found at “Big White” within a 45 minute drive from the property.

The Okanagan Valley is a premier wine growing region visited by many visitors to Kelowna, British Columbia every year. Over a dozen wineries are located in Kelowna and over 60 are located in the Okanagan Valley region.

The Okanagan Valley is home to about 40 golf courses, with Kelowna offering 14 quality golf courses. With an average of 2,000 hours of sun every year, the Okanagan offers one of the longest, driest golf seasons in Canada.

Premises Details:

The entire property was COMPLETELY updated making it’s “effective age” 5 years old, and features six bedrooms, six full bathrooms (four of them are luxurious Jacuzzi ensuite bathrooms), one powder room, seven fireplaces (4 electric and 3 natural gas), 2 kitchens, 3 laundry rooms, new fibreglass shingle roof, 2 new furnaces, two 50 gallon hot water tanks, new central 4 T. air conditioner, 3 in-wall air conditioners, built-in stereo speakers, three canvas awnings (one is remote control), irrigation and security systems, electronic smoke alarms, parking for 6 vehicles plus garage, large pool/storage shed, vinyl lined Polynesian style concrete salt-water pool, stamped concrete driveway, side and pool decks, extra sound-proofing, solar film on south exposed windows, and two natural gas connections (one to existing Stainless Steel BBQ).

Size in square feet:

4,500

Planning Consent:

Licenced to operate as a 4 Bedroom B & B.

Expansion Potential:

The resort has been in operation for seventeen full years and primarily operated during the summer months as the owner has spent winters living in Mexico. An opportunity certainly exists to expand and increase revenue should future owners wish to operate on a full time year around basis.

Competition / Market:

The property has catered ONLY to couples celebrating a special occasion (birthday, engagement, elopement, honeymoon, anniversary etc.). The Okanagan is quickly becoming a popular wedding destination and the resort is the perfect venue for elopements and small weddings. As the resort uniquely caters to couples celebrating special occasions, it is not restricted to the tourist season in the way that “typical” B & B’s obviously are.

Reasons for selling:

Owner is retiring from tourism and resuming her professional speaking career (part time basis) as a Customer Relationship Specialist.

Trading hours:

Office is open for guest check-in from 4 p.m. to 6 p.m. daily. These are the owner’s part time working hours as breakfast is self-serve by the guests.

Employees:

Part Time Suite Attendant, Part Time Gardener

Years established:

Seventeen

Support & training:

Owner is a renowned business trainer. Business is completely turnkey with websites, brochures and comprehensive procedures manual already in place.

Furniture / Fixtures / Goodwill value:

$700,000 (CAD) – included in the asking price


Bed & Breakfast Name Upscale Okanagan Couple's B & B
Address 962 Ryder Drive
City / Town Kelowna
Asking Price $2,200,000
Property Type / Style Boutique Inn Style of B & B
Number of Rooms 4
Owner Quarters Located on the top floor and totally private and separate from the guest areas
Year Built Completely refurbished in 2001
Lot Size .20 acre
Square Footage 4,500
Special Features Completely Private, Salt Water Pool, Four Honeymoon-worthy Jacuzzi suites
Recent Improvements Refurbished from top to bottom
Avg. Daily Rate $329
Occupancy Rate 95%
Sales $100K - $250K (CAD)
Things To Do The area features numerous schools, parks, shopping and is directly above the Kelowna Golf and Country Club. From sailing to float plane tours, waterslides and fishing charters, parasailing adventures to horseback riding, there is always plenty of fun things to do in Kelowna and the Okanagan Valley.
Contact Name Sherry
Contact Phone 250-212-8538
Contact Email Sherry@avistavilla.com
Website Link Visit Link Here
Listing Status For Sale
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