View Business For Sale #146719 - Hotels & Motels in Other Massachusetts

Oceanfront Inn & Residence, w/Amazing View

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Location

City Other Massachusetts
State Massachusetts
CountryUnited States

Not Relocatable

Real Estate Included

Financials

Asking Price
Sales
Profits
Profit Type
Fiscal Year

Deal Terms

Business Is A Franchise?
Finders Fee Payable by Buyer?
Seller Financing Available?
Principals Only?
Management Will Stay?
Willing To Co-Broker?

Your business in one building and your 3 bedroom home in the other; both located on an absolutely UNMATCHED piece of property with breathtaking views of the Atlantic ocean! I can't describe, and you simply won't believe, this location and its views.

The Hotel has very strong seasonal occupancy, peaking at nearly 100% in July and August, with steady weekend business in the spring and fall. Current performance reflects only a 6 month operating season and could be dramatically improved by returning to hotel's normal 9-10 month operating season.

Other opportunities for improving the bottom line include: - $10/night rate increase already planned for 2009. - Renting or utilizing retail space currently vacant. - Adding food service to create additional income stream. Sale price includes the real estate valued at $1.6MM. To learn more about this once in a lifetime property, please contact us.

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