Hospitality Business With It All
Location United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $632000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1900
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Reasonable transitional services to be offered.
Reason for Sale Retirement.
Description This hospitality offering has it all and is located in one of the best tourist destinations in New England. The operation includes 26 lodging rooms and suites, a detached cottage, spacious owner's apartment, full service food and beverage (including fine dining, tavern, and self service breakfast room), pool, playground, and game room.
The operation consists of two privately branded operations. One is a stunning Victorian Country Inn that was built as an inn in the early1800's and today offers 9 well appointed suites, fine dining restaurant and cozy tavern. The second operation is an adjacent hotel/motel with 17 interior corridor rooms with a outdoor pool, playground, game room, and self-service breakfast room.
The two operations allow you to appeal to a wide array of leisure travelers including couples, families, and small groups. This business is located on a well traveled State highway in a 4-season tourist destination area. Many summer attractions are nearby as well as several major ski areas nearby.
This offering provides a great opportunity for a new owner. The current business model and performance could be immediately improved with an owner who has food and beverage skills or by leasing out the restaurant operation. The owners are retiring and this is your opportunity to acquire this business for less than the assessed value of the real estate. Contact for more information on this Hospitality business for sale.
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