Inns for Sale Await Future Innkeepers
The pages that follow have listings for many fine Inns available for sale. There are other Inns and Bed and Breakfasts for sale currently in process or too shy for a public appearance. Whether your interest is specific or general, we believe the process of buying an Inn is highly personal. We would like the opportunity to explore with you your plans and aspirations.
For many our innkeeping seminar, a distillation of our collective 50 years of experience, is a logical next step. We believe good information about Innkeeping and how to buy an Inn or Bed & Breakfast will make you a better Innkeeper. We feel so strongly that we offer our weekend seminar for aspiring innkeepers for the nominal fee of $195.00 for a couple or $175.00 for an individual.
Please contact Bill Oates and Heide Bredfeldt at Inn Consulting Partners. We would love to talk with you. We do not believe the Inn Transfer market functions well on Ebay.
We currently have the following listings for Inns and Bed and Breakfasts for sale. (These are not listed in order by state.)
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Southwest Virginia Bed & Breakfast for Sale
We may have difficulty limiting the description of this delightful 7 room Bed and Breakfast Inn for sale, on 13 acres. The Inn was purpose built in 2003 so systems are modern and efficient. All guest rooms offer river and mountain views. Sales in 2009, of $329,000, were almost 20% higher than sales in 2008. Occupancy is a very strong 55%. Add to this a separate and private owner’s home, and the price of $1,375,000 – we should be hearing from you today!
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Virginia Plantation Inn for Sale
This 18th Century plantation turned 21st Century Country Inn has an air of authenticity that brings the guest to sense the aura of those earlier times. The manor house is surrounded by dependencies that have been converted to upscale guest accommodations. This 13 room Select Registry Inn also serves dinner, mostly to its house guests.
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North Carolina Mountain Inn for Sale
One of the joys of our business for Heide and me (Bill) is the opportunity to stay at some of this country’s delightful Inns and B&B’s. We came upon this very special Inn while visiting relatives in the area 30 years ago. It has been our good fortune to have maintained a personal and business relationship with this Inn and its Innkeepers. We have offered our Future Innkeeper Seminars here, consulted and managed the transfer of this Inn on two previous occasions. In between, we have enjoyed the Inn as guests. Needless to say we love this Inn and believe you will, too. This Inn, a member of the prestigious Select Registry will charm you. So will the separate owners’ home, about 100 yards down the path from the main Inn. The Inn has 14 guest units. Nine are in the main Inn and five are individual cottages ranging from special to fantastic. There is a good business history here and an outstanding lifestyle. Price is $2,450,000.00.
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Western New York Inn for Sale
Situated on two acres in Chautauqua County in Western New York State, this charming Inn has several positive aspects. In the first place the price, $1,275,000.00 is very reasonable for a viable business. It is rare to find a Select Registry member Inn in this price category.
The Inn building is elegant. Four of the 12 units are of recent construction, are spacious and have two-person spa tubs. The summer season at nearby Chautauqua Institution provides a solid base for business at the Inn. The location just four miles from the New York State Thruway makes the Inn easily accessible from Buffalo, (1 hr 30 mins), Cleveland (2 hrs 25 mins) and Pittsburgh (2 hrs 50 mins).
While the Inn could be a Bed & Breakfast, the guest experience is enhanced with a limited dinner menu on weekends and five nights during the busy season. The Inn facility and the favorable location, combined with the modest price, make this a very desirable acquisition for an energetic couple.
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Hawai'i Paradise Bed and Breakfast Inn for Sale
Hawai’i Paradise: an exquisite Bed and Breakfast nestled into tropical vegetation with private glass walled cottages on the “big island” of Hawai'i. While this Bed and Breakfast has only five easily managed guest accommodations, its 90+% occupancy and strong ADR make the bottom line as bountiful as the lush vegetation. Cash flow will support a reasonable price of $2,250,000.00.
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Investment Jewel
This Inn is, in our opinion, the best hospitality property in the most desired real estate market on the East Coast. In 2008, the Inn generated around $1,000,000.00 on the bottom line, with an ADR of $650.00. An expansion in 2009 will add another $200,000.00 to the cash flow. Complimenting the allure of the location, the Inn will generate from current business a return of 7%. In addition, Real Estate in this market has appreciated at an average rate of 6% a year. Since the value comes from both the business and the real estate, a double-digit return on investment is likely. This jewel will require a substantial investment, we suspect more suited to an investment group than an individual owner operator. But, hey, if you recently sold your high tech company, welcome aboard! Details upon qualification. For more information contact us.
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Illinois Bed and Breakfast Inn
This excellent seven guestroom Bed and Breakfast provides a plethora of positives. First, it is located in the very strong regional leisure travel destination of Galena, Illinois. Second, it has a separate function facility with complete kitchen and bar facilities and a wedding chapel. It can accommodate as many as 100 function guests. Third, the Inn has superb owners’ quarters, with 2/3 bedrooms and lots of space. Fourth, the business is strong with much room for function growth. Finally, it bears avery reasonable price of $1,225,000.00
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Awesome Pennsylvania Inn For Sale
This dinner service Inn has 17 elegant and capacious guest rooms. A great deal of the Inn’s business is derived from the Washington DC metropolitan area, and from the nearby, well-endowed, private preparatory school. Full food service allows the Inn to cater to many profitable weddings and other functions throughout the year. There is a spacious and private owners quarters. The Inn is a member of Select Registry. The price is $2,500,000.00. The current cash flow will cover projected debt service.
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Pennsylvania College Town Success
This newly constructed 24-room Bed & Breakfast Inn for Sale (no dinner) has been an instant success, thanks in no small part to its neighbor, Susquehanna University. In addition, another major university is a scant 13 miles away. Add an active business community and the result is a successful Bed & Breakfast operation. Favorably priced at $2,975,000.00
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Exceptional Virginia Inn For Sale
We can confidently predict that this exceptional offering will not long remain on the list. This 15 room Inn is situated in the Northern Shenandoah Valley. Accommodations and public areas can only be described as spectacular. There are six buildings clustered around a spring on 42+ acres, a separate owners’ home adds to the special nature of this delightful Inn. Limited dinner service to houseguests enhances the guest experience. Sales and cash flow support the price of $2,700,000.00. Additional acreage is available.
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French Country Virginia Dinner Service Inn
We are extremely pleased to offer this very special Inn to our valued clientele. This well-known Inn is physically located in the Northern Shenandoah Valley of Virginia. However, the soft colors, the fine French fabrics and antiques, and the magnificent cuisine will convince you that you are ensconced in the verdant folds of Provence. The Inn has 11 spacious and well-appointed guest rooms. A very special appeal of this Select Registry Inn is its Provence influenced restaurant. Zagat and USA Today rate the restaurant as one of the 100 top hotel restaurants in the entire country. Total sales in 2008 surpassed $1,530,000. Price is $2,695,000.00.
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North Carolina Smoky Mountains Inn for Sale
In the Western Smoky Mountains of North Carolina is Highlands; arguably the grandest of the many destination sites in the Smoky Mountains. Adding to Highlands appeal is its location just two hours from Atlanta.
Among the lodging options in Highlands, none can compare with this elegant 22 unit Bed and Breakfast Inn. Fifteen rooms are in three buildings built around a garden courtyard. Seven additional units are authentic log cottages, imaginatively and lushly appointed. These are managed by the Inn on a fee sharing basis. Extras include owner’s house, in-ground pool, six-acre lake, two ponds, and views. This exemplary Bed & Breakfast Inn for sale is available for $3,400,000.00.
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Illinois Mississippi River View Inn
Spectacular! This is not a word we would use lightly, but it is entirely appropriate for this Select Registry Inn for sale. The Inn sits on a bluff high above and overlooking the Mississippi River. Trains that resemble your childhood Lionel set ply the tracks on both sides of the river, clearly seen but not heard. This Inn for sale is located in one of the mid-West’s premier destination locations. The area is very busy in summer and fall, and the Inn abuts a major regional ski area for winter business. The Inn has not yet reached the potential its new facility should achieve, but family considerations dictate a sale at this time. In 2008, the Inn did gross about $800,000.00, but the future should be much stronger. The Inn is priced according to our Valuation at $4,700,000.00.
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Oklahoma Bed and Breakfast - SOLD!
9 guest rooms. Located halfway between Dallas and Oklahoma City. Guests to the Inn enjoy walking trails and setting on the Inn’s 73 acres of land as well as the area’s activities and state parks. Guests are tourists, weekend getaways and business travelers to the local community. Member of Select Registry, Distinguished Inns of North America. SOLD!
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Washington: Mt. Rainier
14 guest rooms, Just one hour from Tacoma and less than two hours from Seattle, this 14 room dinner service Inn is less than one mile from the main entrance to Mount Rainier National Park. This translates into a very busy summer-fall season, as well as substantial winter activity. Sales over $600,000 in 2008. Price is $1,725,000.00.
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Washington: Coastal Inn
15 guest rooms plus restaurant, pub. Popular destination location. New owners could choose to lease the restaurant (has been done in the past). Year- round operation with busy summer season. Member of Select Registry, Distinguished Inns of North America. Price is $1,900,000.00.
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Hudson Valley Bed and Breakfast for Sale
21 guest rooms and suites between the main Victorian style Inn and the carriage house. Superb property with natural business from two local ski resorts, world-class golf course and more, just outside your door. Member of Select Registry, Distinguished Inns of North America. Price is $2,400,000.00.
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Illinois Victorian
This in-town Inn for sale has a thriving business built around mid-week business travelers, weekend getaway couples and a variety of functions typical of the in-town location. The Inn has been chosen for membership in Select Registry. This is a fine opportunity for a couple or individual wishing to operate an active Bed & Breakfast in a typical Midwestern town environment. The price is an extremely reasonable $975,000.00. The separate guest house across the street is available for an additional $275,000.00.
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Florida Premier Resort Inn For Sale
Words will not do justice for this superb, purpose built, 25 room Inn on the ocean in north Florida’s premier resort location. The physical plant is impeccable, and so is the business operation. The Inn sports a remarkable 78% occupancy rate with an average daily rate of $202.00. Substantial additional income is derived from rentals of third-party condos and houses. Despite the high real estate value this makes business sense at the offering price of $8,000,000.00. Contact us for further details.