- Listing ID: 841362
- (Seller ref: HOT-CV1)
Romantic Downtown Carmel Boutique Inn For Sale
- Location:
-
- USA
- > Pacific
- > California
- > California - North
- > Carmel
- > Carmel
- Category:
- Type:
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Summary
- Asking price:
- $5,500,000
- Sales revenue:
- $775,000
- Cash flow:
- Available on request
)
Business description
One of the most romantic boutique hotels in Carmel–by-the-Sea, this Inn is nestled in the heart of the village, in the midst of Carmel's finest restaurants, unique shops and well-known art galleries.
It enjoys one of the highest historical occupancy rates of any comparable hospitality property in the state. Even in the economic downturn, it has respectable occupancies for the past three years- 2008/69.1%, 2007/83.2%, and 2006/89.7% and has had an average annual revenue of over $775,000 during that period. It recently enjoyed an upgrade of over $100,000.
This charming brick, half-timbered English Tudor Country Inn/Bed and Breakfast is a delightful experience. It begins as a guest walks up to the front steps to enter an atmosphere that seems almost magical. An ancient oak dominates its courtyard and cascading waterfalls, camellias, rhododendrons, hanging plants; ferns and flowers abound in great profusion. It also includes a manager’s apartment.
Seller financing is available.
Parking for nine cars on the lot across the street included.
Property information
- Real Estate:
- Real Property Included
Contact the seller
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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- USA
- > Pacific
- > California
- > California - North
- > Carmel
- > Carmel
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