Restored Historic B & B For Sale
Location:
United States
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Iowa
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Allerton
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast
Business Summary
The Inn of the Six-Toed Cat is a beautifully restored historic 1909 Railroad Hotel complete with period furnishings & 9 guest rooms. This B & B has only been in business 6 years and is already showing a profit! BEING SOLD AS A TURN-KEY BUSINESS for $179,900. Property consists of 4,800 sq ft main bldg with 2,800 sq ft basement, 500 sq ft, 2-room restored historic bldg in back of property and garden area. Purchase price includes: most furnishings, commercial stove/oven, warming ovens, microwave, commercial refrigerator, 2 freezers, washer, 2 dryers, most kitchen stuff (silverware, complete set of commercial stoneware, glassware, utensils, 2 sets of fine china, bowls, kettles and more), fixtures, many paintings/artwork, inn logo, website and guest list. Many updates in the past 6 years including, but not limited to: plumbing, wiring, sewer line, new roof (both bldgs), restored original tin ceilings, renovated restaurant-licensed kitchen, new a/c unit and much more.
Price is reduced from $349,900 to current price of $179,900 due to husband being transferred out of state. THIS IS A MUST-SEE PROPERTY! Many photos can be seen at the inns website at 6toedcat.com. To see this beautiful B&B for sale, please email or call real estate agent, Marilyn Cline, at 515-210-8243. Banker states ''20% down and good credit'' can make your dream a reality today! Owners are anxious and ready to sell!
Financials
Asking Price Range: < $250K
Gross Revenues:
$50,000
Cash Flow:
$20,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $120,000
Seller Financing: No
About The Business
Year Established: 2003
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Negotiable.
Reason For Selling: Husband was transferred out-of-state.
Photos
View Larger Photo(s) Of Business
Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast business for sale.
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Print Listing Id: 700114454
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