Victorian Style Bed & Breakfast
www.GlobalBX.com
Listing ID:
700257663
Listing Title:
Victorian Style Bed & Breakfast
Quick Link:
http://www.globalbx.com/listing.asp?bId=257663
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Guest Houses / Bed and Breakfast
Country:
United States
State / Province:
Alabama
Area
City:
Lee County
Asking Price Range:
< $250K
Gross Revenues:
$159,877
Cash Flow:
$46,178
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
1 - 3
Business Description:
An absolute beautiful Victorian Style Bed and Breakfast located in one of the best cities in Alabama. It is located just blocks from a major university. The closest Bed and Breakfast is located in the adjacent city. This Bed and Breakfast has been totally updated and remolded to keep the Historic Victorian status. This Bed and Breakfast is rated #1 from a national rating agency to visit due to exquisite Victorian architecture, cleanliness, homemade, southern style breakfast, hospitality, and close proximity to downtown where all the sites to see and action is happening. Even while renovating this #1 Bed and Breakfast business, they kept a 46% average occupancy rate with an average daily rate of $129.00 per day. This rate is well below the market,and the new buyer could easily increase revenue without jeopardizing its loyal and new patrons. The property must sell with the business which will be handled directly with the seller.
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