Sea Cliff Gardens Bed & Breakfast - Waterfront

Asking Price$1,825,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$75,000
Included in asking price
Real Estate$1,700,000
Not included in asking price
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Sea Cliff Gardens Bed & Breakfast - Waterfront


Asking Price$1,825,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$75,000
Included in asking price
Real Estate$1,700,000
Not included in asking price

Seller Financing Available
Business Description
Perched high on a seaside cliff overlooking the Strait of Juan de Fuca in the Olympic Peninsula (between Sequim & Port Angeles) is an award-winning bed & breakfast. The strategic location is just 20 minutes from the entrance to Hurricane Ridge - the most popular attraction within the Olympic National Park. This purposely built structure with spectacular grounds and well-appointed rooms with intricately carved antiques boasts water views from each Guest Room. In addition to the Innkeeper's Quarters in the Main Buidling that also has some water view, there is a separate (detached) residence with 2 Bedroom & 2 Baths and floor-to-ceiling windows that can be rented separately as a vacation rental while the Owner lives in the 6-Bed/6.5-Bath Main House. This B & B has been successful for 28 years and is rated #1 or #2 on the Peninsula for that past 7 years and is Tripadvisor's 2020 Traveler's Choice Winner! Weddings are also offered here in the picturesque setting.
About the Business
Years in Operation
28
Employees
3 (2 Full-time, 1 Contractor)
Facilities & Assets
The Main House has 5 Guest Rooms with each room having water views and private bath and jacuzzi. The Innkeeper's Room is also in the Main House, but the current Owner elects to live in the detached 2-Bedroom/2-Bath residence about 100' from Main House that was constructed in 2015. The residence has soaring floor-to-ceiling windows with a beautiful stone/slate fireplace, hardwood floors and granite slab countertops. There is also a large Garage and Workshop on site.
Website
https://seacliffgardens.com
Market Outlook / Competition
There are four other B & B's within 10 minutes of each other. However, Sea Cliff Gardens has the majority of positive reviews.
Opportunities for Growth
The current Owners elect to close down the operation for many months at a time based on their personal lifestyle choices. The B & B can be open and operated all through the year offering special holiday specials and packages. Also, the current Owner does not advertise its B & B very aggressively as a wedding venue which can be another excellent source of increased revenue.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
6,639
About the Sale
Seller Motivation
Seller wants to retire after 12 years of actively running operation
Transition Support
Seller will train depending on experience of Buyer
Financing Options
Seller may offer Seller financing with a very large downpayment.
Listing Info
ID
2241402
Listing Views
1441

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Business Listed by: Mark Peizer Peizer Commercial Real Estate

Listing ID: 2241402 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.