Majestic Mansion Bed and Breakfast

Athens, TN
McMinn County

Downtown Athens TN


Asking Price: Annual Revenue:
$374,800 Not Disclosed

Services: Hotel, Motel, Lodging


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RE: Majestic Mansion Bed and Breakfast Broker: Roger Niez
License #: 338083

Quick Facts

Asking Price: $374,800
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $374,800
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 169257493
Broker Reference #: MLS #20190534

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Business Overview:

This two story home with a third story bonus room has been fully remodeled to a wonderful bed and breakfast. Each of the five bedrooms have themes. From sunken tubs, to claw feet tubs, this give guest a place to relax and enter a peaceful land of enchantment. The dark woods and sitting areas makes this a perfect entertaining location. The updated over sized kitchen allows for preparation of meals, coffee / tea and morning and evening snacks. You can live and work in your dream property or run it as a full time B&B. The town of Athens Tn. HAS GREAT SOUTHERN HISTORY and allows travelers to explore the south. Located between Chattanooga and Knoxville. It is a stopping point for all vacation and business travelers in Eastern Tennessee and the south. Wonderful country for the peaceful at heart.
Dream, relax, and entertain. Great to run as a business or retire in a one of a kind property.

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Property Features and Assets:

Turn key business. Successfully run owner occupied bed and breakfast for years. Recently closed due to owners wanting to retire. This property is a landmark in downtown Athens TN between Chattanooga and Knoxville.

Market Competition and Expansion:

There are no other bed and breakfast homes in the area with minimal hotel options available for business or family travelers and Wesley College visitors.

Reason for Selling:

Retiring

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.

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