Charming Bed & Breakfast
Location Georgia,United States
Asking Price Range $250K - $500K
Gross Revenues $9970
Net Profit / Cash Flow $6096
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description This bed and breakfast is a 1922 restored jewel that features four large guest rooms and sits on 1.66 wooded acres with plenty of room for expansion. Renovations include a new roof, all new windows, HVAC system, landscaping and paint inside and out. There is also a two-bedroom, one-bath residence suite on the second floor. The bed and breakfast receives a steady stream of guests through the 500,000 visitors a year that come to see the sites in the area. Total assets include $9,000 of inventory, $75,000 of equipment, fixtures and furnishings, $15,000 of other assets and building and land valued at $225,000. Priced at $399,000, Terms = CASH or up to 50% carry back. Located in Southeastern Georgia. Ask for portfolio number 0081.
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