Bed & Breakfast / Boutique Inn Tullahoma, TN

Asking Price$849,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$222,000

Inventory$5,000
Included in asking price
FF&E$200,000
Included in asking price
Real Estate$650,000
Included in asking price
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Bed & Breakfast / Boutique Inn Tullahoma, TN


Asking Price$849,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$222,000

Inventory$5,000
Included in asking price
FF&E$200,000
Included in asking price
Real Estate$650,000
Included in asking price

Seller Financing Available
Business Description
The Grand Lux Inn presents an exceptional turnkey hospitality investment opportunity in Tullahoma, Tennessee. This established bed and breakfast operation features a meticulously maintained 5,050 square foot historic property situated on 0.36 acres at 212 East Lincoln Street.

Property Features:
The facility comprises six guest rooms and two efficiency apartments within a beautifully preserved 1903 structure. The property underwent comprehensive renovation and modernization in 2006, with consistent maintenance ensuring optimal condition throughout its 20-year operational history. Architectural highlights include an expansive wrap-around front porch and covered rear patio, enhancing guest experience and property appeal.

Operational Infrastructure:
The business maintains robust operational capacity with dedicated kitchen and dining facilities, three additional living spaces, and 15 on-site parking spaces. A separate building houses laundry and storage facilities, supporting efficient daily operations.

Financial Performance:
Current operations demonstrate strong market positioning with an average daily rate of $138 and 55% occupancy levels. Monthly operational expenses total $6,500, excluding debt service obligations.

Strategic Location:
The property benefits from prime positioning on the Tennessee Whiskey Trail, a significant tourism corridor. The location offers exceptional walkability to local restaurants, coffee establishments, and specialty retail venues, enhancing guest satisfaction and repeat business potential.

Market Position:
This established operation represents a stable hospitality investment with documented revenue history and established customer base. The combination of historic charm, modern amenities, and strategic location creates substantial barriers to entry for competitors while positioning the business for continued growth within Tennessee's expanding tourism market.
About the Business
Years in Operation
123
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,050
About the Sale
Financing Options
owner financing is negotiable
Listing Info
ID
2545129
Listing Views
4

Listing ID: 2545129 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. See our full Terms of Use. Learn how to avoid scams.


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