Vermont Hospitality Gem for Sale

Bennington County, VT

Pool and Grounds of VT Business for Sale

Asking Price:$3,975,000

Cash Flow:$412,488

Gross Revenue:$996,471

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:N/A

Vermont Hospitality Gem for Sale

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Business Description

Vermont Hospitality Gem for Sale

It’s a Hotel…No, it’s a Bed and Breakfast…No, it’s a Super Inn! What do we mean by that? This 36 unit property has a variety of rooms, all of them commodious, ranging in size from 239 sq. ft. to 801 sq. ft. Seven of the rooms are luxury Inn accommodations featuring whirlpools, fireplaces, king size beds and other amenities normally reserved for upscale Inns. Several additional rooms fall into a category of Deluxe and Premium and 8 might be classified as Standard (although held to a very high standard!). Of the 36 rooms, there are three two-bedroom units and seven one-bedroom units. All this adds up to a 43% occupancy rate, $175 average daily rate and a cash flow of over $400,000.00.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Facilities:
The Inn has 36 spacious guestrooms in six buildings. Seven of these are specialty rooms and resemble luxury Inn accommodations. There are three two bedroom suites and seven one bedroom suites. Additional guestrooms are equally spacious and far superior to any standard motel offering. All rooms have individual controlled heat and air conditioning, mini refrigerators, Keurig Coffee Brewers and TVs with DVD players. All rooms have private or semiprivate decks, there are 20 wood or gas fireplaces and 18 rooms with spa tubs, eight of which are two person tubs.
Competition:
Manchester, Vermont, is a vibrant village with magnificent mountain views and these are best taken in from the grounds of this outstanding property. When guests are drawn to the area for reasons other than skiing, hiking and other outdoor excursions, the renowned Manchester boutiques and upscale outlets are an obvious choice. In every season, Manchester, Vermont, provides seasonal events and recreational activities that keep this historic Vermont village vital.
Support & Training:
Training will be provided.
Reason for Selling:
Retirement
Business Website:
http://www.innpartners.com/inn/vt-hospitality-gem/

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Inn Partners

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Inn Partners

Inn Consulting Partners

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