The Scenic Inn in Conway, New Hampshire presents an exceptional hospitality investment opportunity in the heart of Mount Washington Valley. This well-established 14-room lodging property has been successfully operated by the current owners for 20 years, building a strong reputation for comfortable, clean accommodations and maintaining consistent profitability since acquisition.
BUSINESS OVERVIEW:
Located on a prominent corner lot, this 7,400 square foot inn serves as one of the first welcoming establishments for visitors to the scenic Mount Washington Valley region. The property generates $240,000 in annual revenue through a diversified income model featuring both transient and extended-stay guests.
REVENUE STRUCTURE:
- Four rooms maintained as monthly rentals providing consistent recurring income
- Ten rooms operated as nightly accommodations for travelers
- Strong returning clientele base developed over two decades
- Profitable operations with positive cash flow from day one
PROPERTY DETAILS:
The sale includes both the business operations and real estate valued at $800,000. The inn requires no immediate capital improvements and is being offered turnkey with all inventory included. Current staffing consists of four employees supporting daily operations.
LOCATION ADVANTAGES:
Strategically positioned across from the local library with convenient access to area attractions including the Saco River, Majestic Theater, and Revo Casino. The location provides easy access to local restaurants, shopping, and year-round recreational activities including hiking, biking, and skiing.
GROWTH POTENTIAL:
Significant expansion opportunity exists through conversion of current owner quarters, which could generate additional revenue streams. The business is offered at an attractive 12% capitalization rate, providing strong investment returns.
This turnkey hospitality business offers an ideal opportunity for buyers seeking an established operation with proven profitability, prime location, and substantial growth potential in New Hampshire's popular Mount Washington Valley tourism market.
Ad#:2381572
