Business for Sale Overview:
Your business in one building and your 3 bedroom home in the other; both located on an absolutely UNMATCHED piece of property with breathtaking views of the Atlantic ocean! I can't describe, and you simply won't believe, this location and its views.
The Hotel has very strong seasonal occupancy, peaking at nearly 100% in July and August, with steady weekend business in the spring and fall. Current performance reflects only a 6 month operating season and could be dramatically improved by returning to hotel's normal 9-10 month operating season.
Other opportunities for improving the bottom line include: - $10/night rate increase already planned for 2009. - Renting or utilizing retail space currently vacant. - Adding food service to create additional income stream. Sale price includes the real estate valued at $1.6MM. To learn more about this once in a lifetime property, please contact Mark Chiavelli at 617-828-8362 or via email at markc@sunbeltne.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Included in sale price.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.