Buy an Award Winning Bed & Breakfast With Large Property For Sale business for sale in Ulster County on BusinessesForSale.com

  • Advert ID: 694583

Award Winning Bed & Breakfast With Large Property For Sale


Location:
Category:
Asking price:
$2,500,000
Sales revenue:
Available on request
Net profit:
Available on request

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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.

NOTE: PRINCIPALS ONLY, THANK YOU.


Competition / Market:
High growth potential from new developments in the surrounding area. The business has generated plenty of positive goodwill, and has received awards from reputable travel guides.
Support & training:
Owner willing to train for several months.

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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