Historical B & B with Restaurant

Confidential, VA

Asking Price: Annual Revenue:
$1,095,000 $430,243

Services: Hotel, Motel, Lodging

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RE: Historical B & B with Restaurant Broker: Mike Keen

Quick Facts

Asking Price: $1,095,000
Annual Revenue: $430,243
Net Profit: Not Disclosed
Cash Flow: $77,692
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: Not Disclosed
BBN Listing #: 265738952
Broker Reference #: ROANOVA001-N373

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Business Overview:

Historical restored Inn is the perfect place for guests to come and enjoy some of the best that Virginia has to offer. While the Inn has been in operation for nearly three decades, the home itself was built at the end of the nineteenth century. It has been passed down through generations for over 88 years prior to being restored. The former residence has been updated to include modern conveniences, while maintaining the historical charm with period antiques. It features five bedrooms and one suite, all with private bathrooms, cable television, Wi-Fi, and an array of other amenities. Central heat and air conditioning have been added to all rooms, with an updated HVAC system. Attached to the B&B is living quarters for the owners to live on site. The living quarters include one bedroom; one full bath; a large open concept living/dining area and kitchen; private screened in porch; office; and laundry. There is also a two-car garage with two storage rooms and basement, as well as two storage sheds on the property. The inn is home to a top-rated, highly praised restaurant specializing in locally sourced southern cuisine. Guests can enjoy this high-quality cooking in the comfort of the 58 seat restaurant or on its 32 seat outdoor enclosed deck. Located on the 1.5 acre property is a robust herb and flower garden, as well as a seasonal vegetable and fruit garden that help shape the menu of the restaurant year round. Outdoor games and activities are available for guests to further enjoy the grounds. A concierge service is also provided to help guests make the most of their stay in the historic town. Nestled in the “Heart of Virginia”, the town has a rich history and culture, drawing in a wide array of tourists. Guests can enjoy everything from museums and outdoor theatre to golf courses, breweries, and main street shops. The historic charm and beauty of the Inn and beautiful scenery makes for a perfect venue for any assortment of celebrations.

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Reason for Selling:

Other Opportunities

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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