Asking Price: $1,599,000 Gross Revenue: $750,000Cash Flow: $250,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $200,000 included in asking priceReal Estate: $1,000,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Circa 1840 Mansion has most central location in town according to booking.com, expedia.com, etc. The hotel consistently receives outstanding reviews from guests and has high rankings on major booking sites. This is your chance to own an antebellum mansion housing an ongoing business that presently generates enough income to pay for itself and more.
About the Business
Number of Employees:
Building Sq. Ft.:
Mansion consists of 16 guestrooms, all with private bath, a dining room, bar, commercial kitchen, huge porches, two courtyards, multiple seating areas, laundry, and owners apartment.
Natchez, Mississippi is the oldest permanent settlement on the Mississippi River with an unmatched collection of Antebellum Mansions. A popular stop on the Blues trail from Nashville to New Orleans and the southern end of the Natchez Trace Parkway, Natchez is a popular destination for local, regional, continental, and international travelers. Natchez has many hotel and BnB offerings with our property uniquely situated as the largest antebellum hotel downtown.
Growth & Expansion:
Present owners have seen better than 50% increase in revenue over prior year. Plenty of opportunity for growth remains through continued gain in market share, price adjustments, and growing additional revenue sources such as bar, restaurant, and property management services.
Very Profitable Historic Inn, Downtown Natchez, Mississippi
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
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