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Businesses For Sale   >>   Banquet Businesses For Sale   

Award - Winning Bed & Breakfast / Large Property

Location  New York,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2006
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Owner willing to train for several months.

Description  
This Bed and Breakfast is located only 75 miles out of NYC. This region is set to grow further, with the development of Newburgh airport which will become a major hub for New York. This is a beautifully renovated Victorian house. Each room is individually themed and furnished with top-end furniture and artwork. Total of 13 rooms and luxurious baths. Average daily rate is about $225 Breakfasts are an extra-special gourmet treat not found anywhere else. Property is 1.5 Acres, with space to put up a separate building to contain 8 rooms, and 8 baths plus a small banquet hall to provide a year-round venue for parties and weddings for up to 200 people. Current owners are building up the wedding and catering business, and have hosted several weddings this year on the premises. Gross revenues for weddings go up to $20,000, plus room reservations. The additional rooms will provide tremendous upside, as the inn turns away as many as 25 reservations on busy weekends. **Call Christine (917)673-1574 or Yeshua (646)316-8858 ASAP. 99.9% of all calls answered immediately. NOTE: PRINCIPALS ONLY, THANK YOU.


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