Cooperstown NY Bed & Breakfast Inn
- Listing Id: 6177
- Broker Name: Inn Consulting Partners
- Category: Hotels and Motels
- Asking Price: $4,900,000.00
- EBITDA: $49,023.00
- Real Estate: $699,000.00
- Cash Flow: $140,000.00
- Inventory: $2,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $950,000.00
- FF&E: $30,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Cooperstown
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
We are pleased to offer this exciting 18 room Bed and Breakfast (no dinner service!) . Located in Cooperstown, NY, in the heart of the so-called "Leather Stocking District". Almost everyone knows Cooperstown as home to the Baseball Hall of Fame, just a short walk from the Inn. Many also know Cooperstown as home to the world renowned Glimmerglass Opera Company. Among other attractions is the first class Fenimore Art Museum, an excellent Farmers' Museum and a Chamber Music Festival. Sales in 2013 were just over $860,000 with a 58% occupancy rate and $228 average daily rate. Sales in 2014 were $957,000 just at the end of October! In addition to the Inn, the price includes a separate 3,000 square foot home for owners that includes an exercise room, wine cellar, office and two car garage.
Financial Summary
N/A
No article added by Inn Consulting Partners.
No news/updates from Inn Consulting Partners.
