Business For Sale

Bed and Breakfast for sale by Colorado Hot Springs

Dolores, CO
Montezuma County


Asking Price: Annual Revenue:
$675,000 $60,000

Services: Hotel, Motel, Lodging


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RE: Bed and Breakfast for sale by Colorado Hot Springs Broker: Chris Gordon
License #: FA.100072876

Quick Facts

Asking Price: $675,000
Annual Revenue: $60,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 2
BBN Listing #: 6118096
Broker Reference #: 6289

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Business Overview:

This Bed and Breakfast For Sale combines an unmatched quality of life with an income producing property. Perfect for retiree seeking nature's finest with a desire to pay a mortgage from your earnings.

This gorgeous bed and breakfast for sale offered by the We Sell Restaurants is an incredible find near the Dunton Hot Springs in breath taking Dolores, Colorado. Multi-acre homestead was originally built in 1965 and sits on 3.28 acres with river frontage. Recently remodeled, the Red Cliff Lodge is an active mountain retreat located between Cortez and Telluride. Tourists visit year-round for the amazing scenery and breathtaking views.

This property has 1,500 feet of river access, so your guests have access to private fishing, and that means trout. Clean, fresh, flaky, delicious Colorado trout. On the other hand, your guests can have big game hunting right out your back door. The large lodge gets its fresh mountain water directly from a spring. Your guests can have everything they need or want in this perfect mountain getaway.

The property backs up to the San Juan National Forest, and the tourist market in this area is strong, bringing in people from all over the world year-round. Nearby are many, many miles of National Forests, conservation areas, and attractions like Mesa Verde, Telluride ski area, and the Canyons of the Ancients.

The seller is ready to retire and recently has been renting it out as a Vacation Rental by Owner (VRBO). He has multiple properties, so he is not operating this location at its best and highest use, as an amazing corporate retreat, hunting and fishing lodge or bed and breakfast in one of the most desirable areas of America. Want to be a multi-unit owner in this space? All his other properties listed with us can be seen HERE. A new owner can double, even triple the current income by operating as a year-round business. Current occupancy is just based on online rentals with no active advertising or marketing. Can you say opportunity?

As a Bed and breakfast, rooms are roughly $150 per room per night. This 3,100 square foot B & B sleeps 18! There's plenty of room for you and your family with many rooms left to rent. Your earnings will pay the mortgage as a property like this one, with real estate, will qualify for a 20-year loan with our SBA lenders. That makes your monthly payment (with 20% down), around $4,500 which you can offset with room revenue.

This exclusive wooded location provides exceptional access to wild places for visitors to recreate and experience solitude and take in the outstanding scenic beauty. The restaurant brokers have the scoop on this bed and breakfast for sale, it's sure not to last, bring an offer and call today!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Fully furnished Chairs Dining Room Table Pots Pans Patio Furniture Beds End tables Couches Sofas

Market Competition and Expansion:

Staying at a bed-and-breakfast is a great way to experience a destination like a local. Hosts frequently live on-site and can offer insight into local life—something you're not as likely to glean from a formal conversation with a hotel concierge. The B&B Industry has an estimated worth of $3.4 billion. The core of this starts with the estimated 17,000 inns in the U.S. and then branches out to all the product and services needed to enable these inns to be the desired destination for millions.

Reason for Selling:

Relocation

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.

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