Seller's Contact Information
- RE: Appomattox B&B And Restaurant For Sale
- Contact: Don Williams
Quick Facts
Asking Price: | $995,000 | |
Annual Revenue: | $422,857 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $89,253 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 10 | |
BBN Listing #: | 13968096 | |
Broker Reference #: | 9721 |
Business Overview:
Reduced to $995,000, this highly-rated dining and lodging establishment in the heart of historic Appomattox, Virginia boasts over $500,000 in revenue for 2022, with 2023 bookings and P&L shaping up to meet or exceed! Offering a superior dining experience, comfortable lodging in a turn-of the-century inn, and a robust catering business, this Restaurant for Sale with Real Estate provides three profitable revenue streams. Take advantage of current SBA rules to finance the business and real estate with attractive terms! Bed and Breakfast venues provide a popular alternative to hotels, providing personalized services, affordability, a unique atmosphere, and a quiet, cozy environment. This B&B offers all of the above, but what truly sets it apart is the on-premises fine dining restaurant, serving a southern-inspired menu including locally sourced ingredients, as well as vegetables, fruits and herbs grown on site. Currently providing a nightly dinner service and Sunday brunch, the restaurant is popular with locals and travelers alike, who can enjoy dinner and a cocktail in the warm, inviting indoor dining areas, or on the outside covered deck. A new owner/operator can opt to extend dining hours and/or provide a lunch service, thereby increasing revenue. Indoor seating accommodates 58 patrons, while the airy, spacious deck seats 32. The restaurant is a go-to local favorite for holiday parties, wedding receptions, and other special occasions. With a gourmet kitchen that can produce virtually any cuisine, check out the extensive equipment list for this Restaurant for Sale with Real Estate and start planning your menu! This We Sell Restaurants exclusive business offering also features a catering business with all required equipment, a catering van, and full service settings for up to 150 people. Catering at this Restaurant for Sale with Real Estate is provided on- and off-site; catered events currently account for approximately 15% of revenue, and provide another opportunity for expanding the business. Of course, this charming late 19th century Restaurant for Sale with Real Estate wouldn't be a Bed & Breakfast without bedrooms! It features five sumptuous rooms and a large deluxe suite with antique fireplace and sitting room. All are well-appointed and filled with period pieces, and include central heating and air, private baths, cable television, Wi-Fi, and other amenities. Guests can enjoy a complete breakfast in the dining area or in the comfort and privacy of their room. The 1.5 acre grounds provides outdoor patio and other seating options as well as games and recreational opportunities. The reservation system allows guests to book their stay through Airbnb, Expedia, or booking.com, and the business comes with an attractive, easily-navigated website. With consistent five star reviews on all platforms, it's easy to see why this B&B is rated number one in the area! In business for over seven years with the current owners, this Restaurant for Sale with Real Estate has been operated successfully as a Bed & Breakfast since 1996, and enjoys strong name recognition and search engine prominence. Approximately 5,800 sq. ft. of the property is composed of the guest rooms and the owner's private quarters, with the balance of the 6,404 sq. ft. consisting of a two-car garage and two outbuildings used for storage and a workshop. The owner's quarters is another unique benefit of this business offering, providing a separate living/dining area, kitchen, single bedroom and full bath, office area, laundry and a private porch. Live on premises and avoid a mortgage! Or, convert this space to additional guest rooms, dining areas, or a bar or pub! This profitable, established Restaurant for Sale with Real Estate has all the furniture, fixtures, equipment and processes in place to make you a successful restaurateur and innkeeper! The owners have invested substantially in maintenance and upgrades including furnaces and heat pumps, kitchen and equipment updates, and guest room remodeling. More importantly, they have invested their time and effort to build a sustainable business based upon exceptional customer service and an elevated dining experience. They are willing to share these 'ingredients' with a new owner through a period of advice, training and consultation to keep customers coming back for more of the same. This Bed & Breakfast provides a fantastic business opportunity, as well as a unique hospitality lifestyle experience. Call today to learn more about this Restaurant for Sale with Real Estate!
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Property Features and Assets:
Kitchen 6 burner range Ovens x2 Flat top griddle 2 basket fryer Grill Hood fan and ansel system 3 compartment sink Hand sinks x2 Deep produce sink Microwaves x2 Ice machine Walk in cooler Commercial reach in refrigerator 3 tap Kegerator Wine cooler Wine and beer side by side refrigerator 4 foot stainless steel tables x7 Stainless steel wire racks x5 Wine rack Dish machine with 2 steel tables and racks Pass tables with upper and lower shelves and double ticket rack Wall shelving Sandwich station Steam well Coffee machine and 4 pots Pan rack with pots and pans Wooden shelf Large metal food shelf Window AC units x2 Large fan for dish pit Coolers Cambros x3 Crescore hot box Speed rack Deli slicer Small wares and appliances Small chest freezer Large chest freezers x2 Propane smoker Turkey fryers Small propane tanks Restaurant furniture Table linens Round tables in storage 6 foot tables in storage Seasonal and buffet decorations Six top tables x4 Four top tables x7 Two top tables x4 Wooden chairs x58 Buffet tables x3 Corner cabinet and hutch Wall decor Gate leg table Couch and 2 matching chairs Wing back chairs and side tables in study Deck tables x8 Deck chairs x32 Umbrellas x4 Dishware and Glassware Christopher Stuart saucers x17 Christopher Stuart coffee cups x30 Fruit pottery drink dispensers x2 Clear drink dispensers x2 Syracuse China Silk soup bowls x13 Clear plastic ribbed pitchers x9 Stainless steel pitchers Swing top carafes x24 Air pots x6 Oil ewers x26 Round chafing racks x2 Bullet chafing rack Hotel pan chafing rack Goblets Wooden trays and serving bowls Glass and plastic salad and punch bowls Miscellaneous glassware Steak knives Soup spoons Serving utensils Pint glasses Red and white wine glasses Coffee cups and saucers Miscellaneous cocktail glasses White china service sets x220 IT equipment Toast POS with 2 kitchen printers thermal receipt printer and handheld Restaurant reservation system and tablet Music tablet and speaker system Multiline phone system with 3 units and cable router Room reservation system by Think Reservations connected to AirBnB Expedia and Booking Review accounts on TripAdvisor Yelp Google and Bing Website WiFi network equipment Inn room furnishings x6 Beds Dressers Tables Lamps Linens Wall decor Rugs Mini refrigerator Keurig coffee maker Televisions Washer and dryer
Market Competition and Expansion:
Restaurant and inn has been growing year over year with minimal competition in the area. The services offered are in high demand in the area. Receive constant requests to increase service hours. Living on-site is extremely convenient. Opportunities for growth abound. Besides sales growth, business reputation in surrounding areas including Lynchburg and Farmville is very good, supported by 5 star reviews on all platforms.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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