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Boutique Hotel + Fine Dining Restaurant and Banquet Facility

New England

Boutique Hotel + Fine Dining Restaurant and Banquet Facility
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Asking Price: $7,750,000

Cash Flow: $780,000

Gross Revenue: $6,100,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Boutique Hotel + Fine Dining Restaurant and Banquet Facility

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Business Description

Offered here is a boutique hotel and a high-volume fine dining restaurant and banquet facility.

Prominently located near major highways in a traditional New England community, the property is in close proximity to several prestigious colleges and private boarding schools.

The hotel and restaurant complement one another and are popular venues for weddings, business meetings, and private functions.

With the availability of 61 attractively appointed rooms and suites, the hotel enjoys an occupancy rate of 68 percent and annual revenue in excess of $1.9 Million.

The restaurant can accommodate up to 363 guests with additional seating for banquets of up to 250 and seasonal tent seating of 120. Revenue in 2018 was in excess of $4.2 Million.

The combined revenue for both properties was in excess of $6.1 Million.

Sale includes all business assets and real estate. Additional information will be provided with the execution of a Non-Disclosure Agreement.

Please contact me for further information.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
57,727
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John Benoit

Business Listed By:
John Benoit

Vantage Point Retail LLC

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