The Break house a Newport Rhode Island guest house

Asking Price$3,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$140,000
Included in asking price
Real Estate$3,000,000
Included in asking price
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The Break house a Newport Rhode Island guest house


Asking Price$3,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$140,000
Included in asking price
Real Estate$3,000,000
Included in asking price
Business Description
The Brookhouse Guest House offers an outstanding hospitality investment opportunity in Newport, Rhode Island's exclusive tourism market. This recently updated 5,227 square foot property encompasses 12 guest rooms and 6 bedrooms, ideally situated minutes from Newport's world-class attractions and amenities.

Since opening in 2021, the business has achieved $234,693 in annual revenue while operating under absentee ownership, demonstrating strong fundamentals with significant upside potential through active management. The property maintains an active Newport hospitality license enabling year-round daily rentals in a market characterized by limited competition and exceptional growth opportunities.

The strategic location provides guests with walking access to Newport's most prestigious destinations including the International Tennis Hall of Fame, the renowned Cliff Walk, historic Gilded Age mansions, and the upscale dining and entertainment venues along Thames and Bellevue Avenue. Seven dedicated off-street parking spaces deliver a meaningful competitive advantage in Newport's premium hospitality sector.

Multiple high-value revenue opportunities have been identified and proven, including weddings, family reunions, Tennis Hall of Fame visitors, movie production crews, yachting families, and international tourists. This diversified market approach maximizes occupancy potential while reducing seasonal volatility.

Newport's tourism fundamentals remain exceptionally strong, welcoming over 3.5 million annual visitors and maintaining its position as a premier East Coast wedding and event destination. Proximity to major metropolitan areas including New York City, Boston, and Providence, combined with convenient regional airport access, ensures consistent demand throughout the operating year.

The acquisition includes owned real estate valued at $3,000,000 and furniture, fixtures, and equipment worth $140,000. Current owners are selling to pursue other business ventures and will provide comprehensive transition support alongside the established travel booking management company that handles daily operations, ensuring seamless ownership transfer and continued operational excellence.
About the Business
Years in Operation
5
Employees
Offsite owners have a local management company in place
Facilities & Assets
Welcome to an exceptional Newport investment opportunity. This beautifully updated property features 12+ rooms, including 6 bedrooms and 8.5 baths, and holds the valuable City of Newport Transient Guest Facility Certificate.
Market Outlook / Competition
This type of establishment has very little competition and has great growth potential. This license allows year road rental's.
Opportunities for Growth
Weddings
Family reunions
Visitors to the Tennis Hall of Fame
Movie crews
Yachting families
International visitors
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,227
About the Sale
Seller Motivation
Owners have other business interest
Transition Support
Owners will help with a transition along with the travel booking management company that handles the daily business of the guest house
Financing Options
cash to seller
Listing Info
ID
2484789
Listing Views
9
Attached DocumentsAttachment Disclaimer

28 Weaver Offer Memo.pdf

Business Location

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Business Listed by: Michael Saccoccio

Listing ID: 2484789 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.