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Utah Business For Sale

 

HISTORIC VICTORIAN BED & BREAKFAST FOR SALE


Attn: dan.cloward@keystonebizxchange.com
Provo, UT, USA
Listing #: 607922142
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Asking Price: $1,400,000 USD USA Dollars
Business for Sale Industry: Services: Hotel, Motel, Lodging
Reason for Selling: Retirement
Year Established: 1995
# of Employees: 4



Business for Sale Overview:
This historic Victorian mansion offers a tremendous opportunity for anyone to hit the ground running with a currently profitable majestic bed & breakfast. The mansion offers romantic charm that keep quests coming back every year. It doesn't matter if you are a new bed & breakfast owner, or a current owner looking to add an additional location. This 9 room bed & breakfast is located close to downtown and offers visitors the opportunity to take in local dining and entertainment. Each room is fully furnished with private two person jetted tubs and romantic decor. Each room has its own unique décor, personality, and history.

Property Features and Assets:
This historic Victorian mansion was built at the end of the 19th century. Each room in the mansion is furnished and decorated with antique furniture and fixtures. All 9 unique rooms have 2 person jetted tubs. In addition to the 9 rooms, property includes full living quarters for property manager. Property includes parking lot with ample quest capacity. The mansion has a new boiler and air conditioner units.

Market Competition and Expansion:
This is the only bed & breakfast in the area. There is Marriot convention center near by. This benefits the B&B because many convention participants choose to stay at the mansion as a change from the mundane hotel room. The B&B is located downtown close to dining, entertainment and nightlife. Approx 30 minutes to the closest ski resort. Neighboring property is available for future expansion.


Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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