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Business For Sale

Michiana Bed & Breakfast, with Real Estate Incl...

Confidential, IN

Services: Hotel, Motel, Lodging

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$945,000
$121,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
1
98329002

Business Overview:

Originally constructed in 1904, this large turn of the century home has been fully updated for the comfort of its guests while maintaining the style and simple elegance of an earlier era. This B&B is conveniently located on Main Street in the downtown area within walking distance of fine dining, the local park, and a beautiful lake. The twelve individually decorated rooms are clean and comfortable, and come with generous hospitality and good value. Its unique location, ambiance, and surroundings generated over 700 bookings in 2010; and is on target to exceed over 800 bookings in 2011! The asking price includes the B&B, owner’s quarters within the home, and all furnishings. The Seller owns adjacent income property that may be purchased at fair market value, as well. The Seller will consider financing a portion of the sale with a substantial down payment.

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:

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.

Resources: