7 Bed 5.5 Bath Bed & Breakfast On 11 Acres
Location:
United States
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Alabama
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Montrose
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast
Business Summary
Email or call Trish 850-449-0908 if you would like to own this 11 acre Personal Paradise, or income producing Bed & Breakfast for sale - you decide! Whatever your choice, you will not find a more serene setting with so much to offer in Mobile Bay's Eastern Shore area. Although the property offers seclusion & privacy, you will also find that all the amenities are within easy reach. Shopping, golfing, bayfront parks with fishing piers and walking paths, restaurants, museums, popular attractions and Gulf beaches remain convenient. You get to enjoy a middle-of-nowhere feel in the middle of all there is to see and do in Mobile and Baldwin counties. It is also equally convenient to the airports in Mobile, Ala., and Pensacola, Fla. Buy just the property for $1,800,000 or purchase with the Bed & Breakfast for $2,300,000. Here is what you will get with the business:
-The majority of furnishings and decor
-All prepaid memberships in Select Registry, Distinguished Inns of North America, Bed and Breakfast Association of Alabama, Professional Association of Innkeepers International, Mobile Bay Convention and Visitor Bureau, and Eastern Shore Chamber of Commerce.
-All prepaid Internet advertising (bedandbreakfast.com, bbonline.com, bnbfinder.com, for example.)
-Doing-business-as (DBA) name
-Website domain and software for maintaining the site.
-RezOvation GT reservation software and all prepaid dues, which includes a database of all past customers.
-Advanced booking revenues less an agreed percentage to seller for providing booking and credit card processing services, as well as assistance in the transition for accepting credit cards once a new business checking account has been established.
-Assistance in making licensing applications for appropriate business licenses, as well as to collect and remit lodging and sales tax.
***Income & Expense information as well as recent appraisal will be supplied upon signing a confidentiality agreement***
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2004
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Post closing support.
Reason For Selling: Personal.
Photos
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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: 70087387
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