Business for Sale Overview:
This hospitality opportunity combines a solid business with a highly desirable lifestyle. The business provides increasing sales and profit in a substantial hospitality property, in excellent condition and located almost at the base of one of Southern Vermont’s leading major ski mountains. The business serves two distinct clienteles. About 50% of the business occurs in winter, and is based on an active clientele who primarily come to the facility to ski. Customer satisfaction is demonstrated by the very high level of repeat business. Summer and autumn business is driven by some niche market segments, which has enabled the business to grow. When the inn is busy, the owners work hard, but they also have time to enjoy mid week skiing, golf at championship resort courses, and travel (the inn is closed from 6 to 8 weeks per year). A 2,300 square feet home is lovely, and provides the owners and their young family with private, gracious living. The inn pays the living expenses of the owner. In addition, to the ski mountain, there are two championship golf courses, lakes and streams for boating and fishing, lovely hikes, bike rides and drives. Cultural events include a six week world renowned classical music festival, theatrical performance, galleries, museums, and places of historic significance.
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.
Property Features and Assets:
This is a substantial, profitable hospitality property situated less than one mile from a prime 4-season ski resort. The facility consists of 29 guest rooms with private baths, public rooms include a spacious living room with fireplace, complete recreation room, dining room, a full commercial kitchen, in-ground swimming pool, hot tub, sauna and more. In addition, there is a lovely, recently built, 2,300 square feet—7 rooms, 3 bedrooms, 2 baths- private owners home. The facilities and all systems are up to code, and in excellent condition.
Market Competition and Expansion:
The inn is situated in an active resort community which includes numerous hospitality properties. This specific property is larger than most--large enough to accommodate groups. The proximity to the resort combined with the physical attributes contributes to the success of this inn. The hospitality business, like many enterprises, is constantly evolving. While the ski business is traditional and steady, management has found successful niche markets during the warmer months which is now responsible for almost 50% of the revenue. During the winter, skiing is the dominant attraction, and 75% to 80% of this business is repeat. The development of summer/autumn business has been so successful that most weekends are already booked for 2010 indicating continued growth in sales and profit.
Reason for Selling:
Seeking new ventures.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: