Vintage Inn Bed and Breakfast

Yadkinville, NC (Yadkin County)

Vintage Inn Bed and Breakfast

Asking Price:$375,000

Cash Flow:N/A

Gross Revenue:$36,929

EBITDA:N/A

FF&E:$41,860

Inventory:N/A

Real Estate:$255,117

Established:2006

Vintage Inn Bed and Breakfast

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Business Description

True Southern Lifestyle business

If you are ready for a lifestyle change, want to live in one of the most popular vacation and retirement areas and states in the country, you may be ready to take advantage of this wonderful hospitality Inn in the historic Yadkin Valley region on North Carolina.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Original home was built in 1934. It is nestled on a beautiful 1.6 acre lot in an historic part of the community. Still has its original slate, wood floors, and even the original door knobs. It has 4 guest bedrooms with full baths, a master suite ( owner's suite with bath ) 1/2 bath on the main level, living room, dining room, den, kitchen, and sun room. Completely furnished including modern appliances. The property enjoys the beauty of at least two trees that are over 200 years old. There is a lovely outside patio as well. The Inn comes complete with all maintenance equipment. There is a 2008 van that could be purchased as well that is currently used to host free wine tours for guests staying for multiple nights. This offering includes over $55,000 in leasehold improvements. Total asset values = $352,319.
Competition:
Because this property is in the highly acclaimed Yadkin Valley Wine region, it complements the growing number of wineries, B&Bs and cabin rentals in and around the state. The general area is home to more than 40 of the State's 150 + wineries that are hosting 10s of 1000s of visitors each year. We invite you to come and enjoy the true southern hospitality of the Inn. Visit: www.vintageinnbedandbreakfast.com to view all the amenities.
Growth & Expansion:
The Inn currently does marketing through the local Chamber of Commerce, B&B.com website, Trip Advisor, rack cards and the yellow pages. It could benefit by joining other regional Chambers and adding marketing through other regional visitor's guides. All inquiries should be directed to the broker. Bob Meinecke bm@libertybusinesspartners.com. 336-719-2345
Support & Training:
30 days transition or as may be required and negotiated.
Reason for Selling:
Part of their 10 year business plan + full retirement
Business Website:
http://www.vintageinnbedandbreakfast.com

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Robert Meinecke

Business Listed By:
Robert Meinecke

Liberty Business Partners

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