Pine Crest Inn

Gorham, ME (Cumberland County)

Pine Crest Inn

Asking Price:$799,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1993

Pine Crest Inn

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Business Description

The PineCrest Inn is nestled in the small village community of Gorham with easy walking distance to the village and restaurants. Step inside the charming historic three storied colonial building to find:
•7 guest rooms, quaint yet stylishly contemporary.
•An equally stylish dining room where breakfast is served as well as a perfect space for small meetings and events.
•Just off the dining room through double doors is a relaxing patio with a few tables for al fresco dining.
•The side yard is a perfect area for tented events and intimate weddings.
•Easily manageable size inn.

The property recently underwent numerous upgrades that help make the property energy and cost efficient to manage.
•High efficiency hot water and heating systems.
•Dedicated heat zones to individual rooms.
•New high efficiency laundry.
•Fully sprinkled building.

Operating year round with a very comfortable 3 bedroom, 2 ½ bath innkeepers quarters makes this property the perfect opportunity. The Inn boasts a solid revenue bottom line with a strong repeat customer base, including business travelers and families visiting Southern Maine University Gorham, one of the three campuses of the University.

Detailed Information

Facilities:
Near Portland Maine located in the Metro/Casco Bay Region. The property recently underwent numerous upgrades that help make this an energy and cost efficient property to manage. High efficiency hot water and heating systems with dedicated heat zones to individual rooms and a new high efficiency laundry are now in place for new ownership.
Competition:
PineCrest Inn has been featured on the Fine Living Network, “What a Dollar Buys Vacations” with reruns on Delta Airlines international flights. Also on ABC Boston’s “The Chronicle” and numerous mentions in Downeast Magazine, a nationally distributed and award winning publication.
Growth & Expansion:
The additional sources of income for the Inn are well established but with an opportunity for growth for new innkeepers. The Inn has been referred to as ‘a gem in the heart of the village’. Highly respected for their contributions to the flavor of the community and is ready for someone to take it to the next level.
Support & Training:
To be agreed upon with current owners during purchasing process.

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Rick Wolf

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Rick Wolf

The B&B Team Inc

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