Business For Sale Listing 148423
Timely Opportunity in Stowe, Vermont
Status as of Sep-5-2008 at 05:59 PM: Active
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Business Summary
The hospitality haven, known as the Round Hearth at Stowe, has thrived at the junction of Thirty Nine Edson Hill Road and the legendary Mountain Road for 50 years.
Now, like the historic resort community itself, change is imminent for its owners.
After providing unique and exceptional youth-related sports tour programs for the last 19 years, the owners and their family are heading for Maine for a new role in private education, thus creating change and opportunity for new owners with vision at one of Stowe’s most spectacular locations.
The best economic use moving forward at this legendary location is a return to its roots; dorm-style housing and hospitality catering to younger adults seeking affordable accommodations from which to ski, ride, hike, bike, skate and socialize in a resort area where, thanks to AIG Global Realty’s $400 million expansion at Spruce Peak, the future appears more exciting than its storied and successful past.
The unique facility on the 1.66 acre site is convenient to all the action Stowe’s 72-square mile community has to offer. Serious and financially qualified buyers may contact NewEnglandNorth with questions and to arrange a tour of the property.
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