Profitable Historic Inn, Downtown Natchez, Mississippi

Natchez, MS (Adams County)

Seller Financing Available
Profitable Historic Inn, Downtown Natchez, Mississippi
Contact Seller

Asking Price: $1,599,000

Cash Flow: $200,000

Gross Revenue: $750,000

EBITDA: N/A

FF&E: $150,000

Inventory: $10,000

Real Estate: $1,000,000

Established: 1983

Profitable Historic Inn, Downtown Natchez, Mississippi

Save Print Share Valuation Report

Business Description

Antebellum Mansion with Great Reputation among Travelers

Circa 1840 Mansion has most central location in town according to booking.com, expedia.com, etc. The hotel consistently receives outstanding reviews from guests and has high rankings on major booking sites. This is your chance to own an antebellum mansion housing an ongoing business that presently generates enough income to pay for itself and more.

Detailed Information

Location:
Natchez, MS
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
12,000
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Mansion consists of 16 guestrooms, all with private bath, a dining room, bar, commercial kitchen, huge porches, two courtyards, multiple seating areas, laundry, and owners apartment. (Home Based)
Competition:
Natchez, Mississippi is the oldest permanent settlement on the Mississippi River with an unmatched collection of Antebellum Mansions. A popular stop on the Blues trail from Nashville to New Orleans and the southern end of the Natchez Trace Parkway, Natchez is a popular destination for local, regional, continental, and international travelers. Natchez has many hotel and BnB offerings with our property uniquely situated as the largest antebellum hotel downtown.
Growth & Expansion:
Present owners have seen better than 50% increase in revenue over prior year. Plenty of opportunity for growth remains through continued gain in market share, price adjustments, and growing additional revenue sources such as bar, restaurant, and property management services.
Financing:
30% down with balance at 6.99% amortized over 20 years; 3 year balloon
Support & Training:
Owner offers to stay on for 21 days to assist with transition
Reason for Selling:
Find right owner to carry on improvements put in place
Home-Based:
This business is Home-Based
Business Website:
http://guesthouseinnatchez.com
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Business Listed By:
Sean Casey

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1634968 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Driverseat

Franchise Opportunity In MS
Capital Required: $30,000