Outstanding Cooperstown Bed & Breakfast for Sale

Cooperstown, NY (Otsego County)

Cooperstown NY Bed and Breakfast for Sale

Asking Price:$2,795,000

Cash Flow:$220,866

Gross Revenue:$567,675

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:N/A

Outstanding Cooperstown Bed & Breakfast for Sale

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Business Description

Profitable business and owner's home

Outstanding Bed & Breakfast in Cooperstown NY. Many aspects of this business attract our attention. Eleven spacious and well appointed guest rooms, attractive public rooms, gardens and grounds to host small gatherings outside, and the close proximity to downtown all add to the guests experience. In 2015, gross sales were $567,675.00 with an annualized occupancy rate of 58% and average daily rate of $249.

The owners here enjoy a two to three bedroom, 1,600 square foot home, built in 2013.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
There are many Bed & Breakfasts in Cooperstown, but none have the size and quality of guestrooms at this Inn. All eleven guest rooms have en suite bathrooms, flat screen TVs, air conditioning, high quality linens and comfortable furnishings. The public areas are impressive. The dining room flows into a large sitting area with a massive stone fireplace. The woodwork and details throughout the Inn represent craftsmanship of an earlier era. This is an elegant, historic site with modern amenities. Several rooms are equipped with spa tubs and gas fireplaces. An especially important asset is the newly built 1,600 square foot, 2 to 3 bedroom and two bath owner's house adjacent to the Inn.
Competition:
Cooperstown is synonymous with the Baseball Hall of Fame but there is much, much more here. The Glimmerglass Opera brings a different clientele. The Farmer's Museum and the Fenimore Art Museum add to the flow of visitors, as does Otsego Lake. The celebrated Ommegang Brewery and numerous wineries add to the mix. Of the more than 30 Bed & Breakfasts in the area, TripAdvisors recognizes this among the top five.
Business Website:
http://www.innpartners.com/inn/cooperstown-ny-bb/

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Inn Partners

Business Listed By:
Inn Partners

Inn Consulting Partners

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