Historic Landmark Hotel in Lakeside Village

Bemus Point, NY
Chautauqua County

Tourist Destination


Asking Price: Annual Revenue:
$3,500,000 Not Disclosed

Services: Hotel, Motel, Lodging


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RE: Historic Landmark Hotel in Lakeside Village Broker: Tom Wight

Quick Facts

Asking Price: $3,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,500,000
Year Established: 1870
Employees: 11
BBN Listing #: 420060288
Broker Reference #: 7164989500

Email or Print Listing

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Business Overview:

Fourth generation hotel in the heart of a resort village on Chautauqua Lake.? 53 rooms, dining facilities, 100 foot lakefront with dock, and full service bar.? Currently operating Memorial Day -Labor Day as a bed and breakfast with banquet facilities and bar.?

Three four season homes and a separate building lot currently used for parking.?

Dock has 6 spaces reserved for guests

Drone Video https://www.?youtube.?com/watch?v=ISmhtS5-KXk

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Property Features and Assets:

Historic four story 53 room hotel and 3 updated year round homes, 100 feet of lake front and park front. Drone Video https://www.?youtube.?com/watch?v=ISmhtS5-KXk

Market Competition and Expansion:

Only hotel in the village. Popular bar with porch that faces the lake and sunsets. 75-80% reservation retention and repeat bookings. Large dining and wedding facility. Victorian decor and experience.

Reason for Selling:

Retiring

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.

Documents:

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