Bed and Breakfast/Hostel, N Georgia, for sale!

Dahlonega, GA (Lumpkin County)

Seller Financing Available
3 levels with a warm cabin feel

Asking Price:$800,000

Cash Flow:N/A

Gross Revenue:$188,000

EBITDA:N/A

FF&E:$180,000

Inventory:N/A

Real Estate:$550,000

Established:2003

Bed and Breakfast/Hostel, N Georgia, for sale!

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Business Description

Live, Work, Play! Love the outdoors and enjoy guests?

This is an extraordinary opportunity to own a top rated Bed & Breakfast. Charming, rustic setting w/pristine accommodations. Hostel for hikers along Appalachian Trail. Rooms: 3 double bunk, 2 private double, 5 bath in main building plus 4 rental cabins; plus 1 staff quarters. Full kitchen. Main building sits on hill with finished terrace level and separate second sitting room. Community internet "cafe." 60%+ occupancy. Pricing per night from $19 for a bunk to $55 for private cabin container. 1 1/2 hours north of Atlanta in Chattahoochee National Forest. Guests include hikers, runners, cyclists, wine enthusiasts, North Georgia tourists. Top rankings on Trip Advisor, Yelp, and more.
Exclusively listed by Keller Williams Realty First Atlanta. Each office is independently owned and operated. Information is deemed accurate but not guaranteed.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Turn key with all furnishings, appliances, vehicles included. Just bring your suitcase and you're ready to go! (Home Based)
Competition:
This business is unique that it has a focused market of Apalachian Trail hikers and other outdoor enthusiasts. It is located just a short shuttle from AT trail heads. It is 100% occupied 3+ months a year, during hiking season and has room for increased occupancy to a wide range of guests during the off hiking season with all the tourism that the town of Dahlonega attracts. Cyclists, triathletes, winery enthusiasts, hikers and trail runners come to the area year round. Hiker Hostel is a perfect facility for one or the entire group to stay.
Growth & Expansion:
The Hiker Hostel is located on 3 acres and currently has a main house of 3 levels, 3 'tiny-house container' cabins and a single cabin. There is space to add more cabins. There is also much opportunity to fill the B&B during hiker off season. The town of Dahlonega brings people from all around for their many festivals, wineries, hiking/running/biking trails. There is also room to expand the current hiking merchandise for sale within the main home or add a shop.
Support & Training:
Sellers are willing to assist new owners during sale transition.
Reason for Selling:
Sellers enjoy building a successful business and are looking at new paths.
Home-Based:
This business is Home-Based
Business Website:
http://hikerhostel.com

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Business Listed By:
Sandy Geisel

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