Historic Bed & Breakfast for Sale

Louisville, KY (Jefferson County)

Historic Bed & Breakfast for Sale
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Asking Price: $1,350,000

Cash Flow: N/A

Gross Revenue: $372,244

EBITDA: $86,584

FF&E: N/A

Inventory: N/A

Real Estate: $1,350,000

Established: N/A

Historic Bed & Breakfast for Sale

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Business Description

This is a historic bed & breakfast located in a desirable area of Louisville for over 25 years. Originally built in 1853, it has been featured in numerous
magazines and historical publications. It has been a
very successful B&B – distinguished as one of the finest and arguably most
profitable in Kentucky. The rich history and calming atmosphere with
spacious suites draw many local repeat guests. Business travelers appreciate fast wireless internet and numerous amenities not found in run-
of-the-mill hotels.

The grounds offer three separate buildings comprising 8 bedrooms (not
including Innkeeper bedroom) and 9 updated bathrooms with whirlpool
tubs. Architecture is best described as Gothic Revival with 12 foot tall
arched doors on the main level. As a B&B, a liquor license is available
(approx $2,000 license fee) which would further increase profitability with
vicinity to the Bourbon Trail. Price includes a majority of furnishings.

Detailed Information

Location:
Louisville, KY
Real Estate:
Owned
Included in asking price
Building SF:
8,292
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Kevin Kramer

Business Listed By:
Kevin Kramer

Transworld Business Advisors of Louisville

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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