Business For Sale

White Mountains NH Lodging Facility

Bartlett, NH
Carroll County


Asking Price: Annual Revenue:
$995,000 $95,600

Services: Hotel, Motel, Lodging


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RE: White Mountains NH Lodging Facility Broker: Ed Settino

Quick Facts

Asking Price: $995,000
Annual Revenue: $95,600
Net Profit: Not Disclosed
Cash Flow: $66,754
Total Debt: Not Disclosed
FF&E: $28,000
Real Estate: $875,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 710381
Broker Reference #: 216035

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Business Overview:

This a terrific opportunity to own a profitable, established and meticulously kept, White Mountains of New Hampshire hospitality business. The business includes a free-standing, recently built, 6,000 square foot, four-story lodging facility, filling a unique niche in the market, by sleeping up to 34 guests, with five suites and room configurations suitable for family or group accommodations. New improvements this year, completed in July of 2018, include a brand new 32 X 16 salt water filtered pool and the creation of a conference room/meeting area. Additionally, the side and rear decks have been enclosed and covered with a new metal roof, creating a closed-in porch area and the additional space for the conference room.

The facility is ideal for family reunions, club outings and corporate retreats. Also, available as part of the offering is the adjacent two-bedroom bungalow with one car garage that can be used as an owner’s residence or as an additional income producing rental. Revenue is projected to exceed 2017 as bookings are nearly full into the fall with early winter and ski bookings already posted. Guests impressed with the new amenities have already made summer 2019 reservations.

The real estate including the Bear Brook House and the two-bedroom bungalow and the value of the business are available including; $1,000 worth of supplies, $35,000 worth of furniture, fixtures and equipment, owner training during the transition to a new owner, website and customer database, for an offering price of $995,000. $875,000 is to be allocated to the value of the real estate and $120,000 is to be allocated to the value of the business.

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Property Features and Assets:

6000 square foot building with 7 bedrooms, 5 bathrooms(3 with 2-person Jacuzzi tubs, full kitchen, 2 kitchenettes, 4 gas log fireplaces, TVs with cable, WiFi, central air conditioning, conference/ meeting room plus a separate 2-bedroom bungalow home that can be used for owners quarters or rented for additional income.

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.

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