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Award - Winning Bed & Breakfast / Large Property
Location: United States -> New York -> Ulster County
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast




Business Summary

This Bed and Breakfast is located only 75 miles out of NYC. This region is set to grow further, with the development of Newburgh airport which will become a major hub for New York.

This is a beautifully renovated Victorian house. Each room is individually themed and furnished with top-end furniture and artwork. Total of 13 rooms and luxurious baths. Average daily rate is about $225

Breakfasts are an extra-special gourmet treat not found anywhere else.

Property is 1.5 Acres, with space to put up a separate building to contain 8 rooms, and 8 baths plus a small banquet hall to provide a year-round venue for parties and weddings for up to 200 people. Current owners are building up the wedding and catering business, and have hosted several weddings this year on the premises. Gross revenues for weddings go up to $20,000, plus room reservations.

The additional rooms will provide tremendous upside, as the inn turns away as many as 25 reservations on busy weekends.

**Call Christine (917)673-1574 or Yeshua (646)316-8858 ASAP.
99.9% of all calls answered immediately.


NOTE: PRINCIPALS ONLY, THANK YOU.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Owner willing to train for several months.




Print Listing Id: 70090092
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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