Business For Sale Listing 153987
Herren House Bed&Breakfast Western NC Mtns
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
The Herren House Bed and Breakfast is a six room inn with a full service restaurant. Located in the charming downtown area of Waynesville, in the Great Smoky Mountain''s. The house was built in 1897 and underwent a complete renovation in 1989 and reopened as a B&B in 1993. It has earned the reputation as the finest restaurant in the area. The current owners offer a price fixe dinner two nights a week with one seating at 7 PM. Heres what you get: beautifully restored 4500 sq ft house in pristine condition on a half acre lot - worth at least $900,000. Furniture and equipment worth $75,000 or more. B&B business that does a consistent $100,000 each year open approx 10.5 months (we like to vacation). Restaurant business that generates $65,000 and more on only two meals a week. Guests have to preorder their entree, which changes every other week. You know exactly how much food to buy each week! Its a great lifestyle for a couple who wants to escape the hustle of city/suburban for a life in the beautiful western mountains of North Carolina. Financials upon request. Owners very motivated. Special price for closing by Dec.1.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($170,000) |
| Profits: |
Under $100 Thousand ($66,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: |
Calendar |
| Asking Price: |
Between $1 Million and $2.5 Million ($999,000) |
