Bed & Breakfast For Sale
Location Tennessee,United States
Asking Price Range $250K - $500K
Gross Revenues $7500
Net Profit / Cash Flow $7500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1959
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training As needed.
Reason for Sale Retiring
Description Beautiful Home (4,800 sq. ft. finished) on 10 acres in beautiful east Tennessee. Already operates part of the year as a Bed & Breakfast. It is located 5 miles from the Bristol Motor Speedway. 5 of the acres are zoned commercial and could easily be developed into a camp area for motor homes. Upstairs is large living room w/ fireplace, 4 bedrooms, den and 2 baths. Downstairs is a large open recreation area with a bunkroom, office or another bedroom w/ fireplace and 1 bathroom. 3 car detached garage. Very nice inground pool with a wrap around deck.
Currently being used as a primary residence. During the two annual Nascar races, the home is used as a Bed & Breakfast.This is a beautiful property with a very very nice home that has been well maintained. The property has a huge potential has a Bed & Breakfast / Camping area. With development as a B&B, the income generated could easily pay mortgage and have income remaining. Also could be used as a business of any kind / home. Asking $435,000.
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