Ten Guest Rooms, 3 / 2 Owner's Area, 1.4 Acres
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1997
Number of Employees 1 - 3
Inventory Yes.
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Sellers will negotiate training period.
Reason for Sale Retirement, new interest.
Description Blueprinted to vintage B&B perfection in 1997! Ten guest room Greek Revival, stylized after the northern Louisiana plantation homesteads of 19th century, plus 3/2 bedroom/bath and living area/porch Innkeeper's quarters. Main house is 5,500 sq ft with 5 guest rooms and owner's quarters, complimented by two private cottages. One three bedroom 1,100 sf, and one two bedroom, 700 sf cottage opened in 2006 after total refurbishment. Situated in town on 1.4 acres. Off street paved parking, plus three car owner's garage. Listed $695.000 turnkey.
Situated in this established B&B/Historic Hotel destination. Draws from Dallas Forth Worth, Tyler, Longview, Texarkana, Louisiana, Houston and internationally. City of Jefferson in partnership with the Army Corps of Engineers will complete, the end of 2013, the restoration of the natural wetlands along the banks of the Cypress Bayou to its natural state. Visitors should be able to walk along historic banks. New boat ramps are being installed and an amphitheater is being built.
The highest guest room inventory, contemporary B&B, with the most spacious innkeeper's quarters in this highly desirable lodging market. Large kitchen conducive to televised cooking presentations. Some of the rooms boast the most current competitive bathing amenities, dimming chandeliers, double showers, garden tubs, whirlpool tubs. New owners could convert 10 guest rooms to 11 if only one bedroom/bath is necessary for living quarters. Main house built and cottages redone to specifically serve as B&B. Inventory of FFE and survey available.
Buyers as you research Texas inns, specifically Jefferson, this market is very very healthy! 6 inns for sale out of a total operating inventory of 37 inns is only 17%. A mere matter of scale. Four of the six are top producers!
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