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Pikes Peak Area Bed and Breakfast for Sale

Manitou Springs, Colorado (El Paso County)

Services - Hotels & Other Lodging | Services - Other Miscellaneous services

Asking Price $950,000 Inventory  
Gross Income $127,000 Real Estate  
Cash Flow $50,000 Year Established 1980
FF&E N/A Employees 1

* included in the asking price

** not included in the asking price

This lovely bed and breakfast with carriage house is in a fabulous location. There is potential for revenue growth and the surrounding area supports stable real estate values. The town hosts many events throughout the year, always a terrific advantage for bed and breakfast businesses. There are innumberable activities in the area. A buyer with strong marketing skills could have a fabulous business here!

Facilities: Built in 1886 this stately Victorian is located close to Pike Peak, Colorado's most famous mountain. It was the first bed and breakfast to open in the town on Manitou Springs. The main building, with three stories and a finished basement, has a total of 22 rooms and 12 bathrooms. While there are many different possibilities with configuration, it is currently operated as an 8 room inn and 1 rental apartment. The main house has 7 rooms with private baths, 3 two-room suites, and the carriage house has 2 one bedroom apartments, one on a month-to-month r

Competition: The area is heavily touristed. The prime location of this bed and breakfast makes ideally suited for visitors, as just a few steps away is an electice mix of restaurants, lively shops and an array of art galleries.

Growth/Expansion: The property does have potential for revenue growth.

Support/Training: Seller will provide on site training for a length of time determined by the needs of the buyer.

Reason Selling: Owner is relocating.

AD # 386462

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