Old Town Guesthouse
Location Florida,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1988
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Management in place.
Description Cypress House and Guest Studios is an Historic Bed & Breakfast located in the heart of the Island's Old Town District. A large (22) unit facility plus manager's quarters comprised of three historic structures, offering a variety of well appointed rooms and spacious suites. The main Bahamian Conch mansion, built in 1888, is listed on the National Register of Historic Places. A prime amenity of the operation, is its convenient location within one block of Duval St. and its shopping, dining and entertainment & 3 blocks to the world famous Mallory Square nightly Sunset Celebration. 12,000 sq. ft. of tropically landscaped grounds, 40 ft. heated lap pool, large second floor sundeck, complimentary Continental Breakfast & nightly poolside cocktails. The rooms feature an eclectic mix of furniture from wicker to antiques with TV, telephones, A/C, ceiling fans, wireless internet access, mini refrigerators and hair dryers in each bathroom. Its charm and many amenities make the Cypress House one of Key West's most popular guesthouses with a substantial repeat clientele base. Strong numbers and a fully staffed management team & experienced InnKeeper willing to stay in place upon a conveyance of the property. Virtual tour of all rooms can be seen at: cypresshousekw.com $6,300,000. Email or call Brenda Donnelly, Realtor at 305-304-1116 for more information on this Guesthouse for sale.
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