Services - Hotels & Other Lodging

Asking Price	$950,000	Inventory	$1,000*
Gross Income	$210,000	Real Estate	$850,000*
Cash Flow	$76,200	Year Established	N/A
FF&E	$99,000*	Employees	2-pt

* included in the asking price

** not included in the asking price

Seacoast Area Bed & Breakfast with Real Cash Flow and Growth

This bed & breakfast style inn is an architectural gem offering 9 individually decorated rooms. The setting is in a historic neighborhood within walking distance to town for shopping and dining. The town is an active New Hampshire seacoast town with a population of 28,500. The inn boasts an annual occupancy of approximately 60% and services both tourists and business travelers. Buyers seeking an inn in a more urban environment with strong year round business, a wide diversity of cultural and recreational opportunities, and a turn key operations will find this inn a good opportunity.

Attachments: Download additional information (PDF)

Facilities: Fully renovated inn with 9 guest rooms, common area, owners' quarters, office, well-appointed kitchen, gardens, and carriage house, off street parking, town water and sewer.

Competition: This is one of the few inns in the area and has earned very strong customer satisfaction. The business, residential, and tourist climate are all strong and growing. The inn is easily accessible by car, plane, and rail and offers services that are a great alternative to staying in a traditional hotel. The inn is expected to reach a 70% occupancy rate and can grow its average daily rate significantly.

Growth/Expansion: A new owner could renovate the adjacent Victorian Carriage House for owner's quarters or take advantage of the ample room to support a complementary business operation such as a spa, art studio, antiques, retail, or another income generating activity.

Financing: Cash or Bank Financing - Possible lease to own with $300K down

Support/Training: Transitional services as required

Reason Selling: Health Related