Lovely Cape Cod Design Bed & Breakfast for Sale in Upstate SC
| Asking Price: | $949,000 | Inventory: | |
| Gross Revenue: | $118,676 | Real Estate: | n/a |
| Cash Flow: | $79,513 | FF&E: | $80,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This Bed & Breakfast & Day Spa is located in the Upstate area of South Carolina, situated in the northwestern part of the state in the foothills of the Great Smoky Mountains. It is in the heart of the swiftly growing ''I-85'' corridor, 100 miles southwest of Charlotte, North Carolina, and 150 miles northeast of Atlanta, Georgia with a population of approximately one million people in the Greenville-Spartanburg metropolitan area.
This lovely Cape Cod inn situated on 1.7 acres consists of five large bedrooms, dining room, library, great room, and a 1,200 sq. ft. party room--a total of 7,200 sq. ft. of beautiful space being used for overnight lodging, day spa, weddings, rehearsal dinners, special events, and corporate events. Its location is near the the Greenville/Spartanburg International Airport.
With the exception of the economic turndown 2008, the revenues of this B&B have grown each and every year, and the business has provided a good income for the owner. The revenues in 2007 were over $167,000 and now this business is poised for dramatic growth. The inn is focused on economical weddings for couples on a budget, and this market is growing. The owner is selling the B&B to focus on grandchildren, travel and ministry.
This lovely Cape Cod inn situated on 1.7 acres consists of five large bedrooms, dining room, library, great room, and a 1,200 sq. ft. party room--a total of 7,200 sq. ft. of beautiful space being used for overnight lodging, day spa, weddings, rehearsal dinners, special events, and corporate events. Its location is near the the Greenville/Spartanburg International Airport.
With the exception of the economic turndown 2008, the revenues of this B&B have grown each and every year, and the business has provided a good income for the owner. The revenues in 2007 were over $167,000 and now this business is poised for dramatic growth. The inn is focused on economical weddings for couples on a budget, and this market is growing. The owner is selling the B&B to focus on grandchildren, travel and ministry.
About the Business
Year Established:2002
Employees:1 full time - 4 part time
About the Sale
Management Training and Support:Negotiable
Reason For Selling:Owner has grandchildren and ministry interests
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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