Lakefront Resort Hotel For Sale
Location New Hampshire,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $400000
Net Profit / Cash Flow $182000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1965
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Sellers will provide up to eighty (80) hours of on-site transitional services immediately following the transfer.
Reason for Sale Absentee owner is looking to focus on other investments.
Description Facilities
- 35 hotel units + 5 BR rental house
- Breakfast room
- Manager's apartment
- 16 Boat docks & 8 Moorings
- Sandy Beach
- Municipal sewer
- Event deck overlooking lake
- Located on 1.25 acres between State Hwy and Lake Winnipesauke
There are several types of buyers that may find the Center Harbor Inn to be the ideal acquisition. An Owner-Operator could live onsite and enjoy this lakefront location while proudly operating the resort. The owner of existing hospitality properties may be interested in adding a lakefront resort with underused docks and moorings that could add value to a nearby property.
This hotel would also make a lucrative alternative for someone wanting a lakefront vacation home. A new owner could enjoy the 5-Bedroom house, and even a boat slip, while profiting from the hotel operation.
The Center Harbor Inn is a unique lakefront hospitality property on the State's largest and most popular lake.
- This is a long established business with a great reputation
- Limited service food operation serving only a continental breakfast
- Located on the State's largest and most popular lake and featuring a private beach and 16 boat slips + 8 moorings.
- Seasonal business allows for relaxed lifestyle, winter travel, or other lifestyle options.
- Prime piece of real estate makes for long-term investment. It is one of a few properties with both a beach and boat docks. It is also one of very few to have the entire property on the lake side of the road with no need for guests to cross the highway to access the lake.
- Additional focus on marketing allows for growth in occupancy.
- The hotel currently hosts functions and events on their large 1,650 sf deck or under a beach-side tent.
- Revenue from events and boat slips augment the room revenue.
- Walk to restaurants, shopping, bus station, supermarket, cruise ship.
Click Here To Contact Seller
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