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Business For Sale

Lovely Cape Cod Design Bed & Breakfast For Sale

Upstate, SC, USA

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$949,000
Not Disclosed
Not Disclosed
$79,513
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2002
1 Full Time, 4 Part Time
232612713

Business for Sale Overview:

This Bed & Breakfast & Day Spa is located in the Upstate area of South Carolina, situated in the northwestern part of the state in the foothills of the Great Smoky Mountains. It is in the heart of the swiftly growing 'I-85' corridor, 100 miles southwest of Charlotte, North Carolina, and 150 miles northeast of Atlanta, Georgia with a population of approximately one million people in the Greenville-Spartanburg metropolitan area. This lovely Cape Cod inn situated on 1.7 acres consists of five large bedrooms, dining room, library, great room, and a 1,200 square feet party room-a total of 7,200 square feet of beautiful space being used for overnight lodging, day spa, weddings, rehearsal dinners, special events, and corporate events. Its location is near the the Greenville/Spartanburg International Airport. With the exception of the economic turn down 2008, the revenues of this B&B have grown each and every year, and the business has provided a good income for the owner. The revenues in 2007 were over $167,000 and now this business is poised for dramatic growth. The inn is focused on economical weddings for couples on a budget, and this market is growing. The owner is selling the B&B to focus on grandchildren, travel and ministry.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Owner has grandchildren and ministry interests

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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