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Inn Consulting Partners – Innovative Solutions for Current & Future Innkeepers
Sales are up! Cash flow is up! We love this Inn! Many Inns owe their success to a destination location, with shops, restaurants and Inns galore. Not this Vermont Inn for sale. It’s messages of warmth and welcome are delivered in splendid isolation (with only a little help from the unique appeal of Vermont’s Northeast Kingdom). This special Inn is its own destination complete in itself. When you step through the front door you feel like you are leaving behind your worries and stress and entering a relaxing, comfortable and luxurious space where you will be taken care of. The common areas are spacious, warm and inviting with beautiful artwork, comfortable furnishings, and fireplaces. The subtle details here are many and each adds to the guest’s experience creating comments such as “…this just may be the most romantic place on the planet.” (Zagats Guide).
There are 19 guest rooms, each different, but all with luxurious, elegant surroundings. Most of the guest rooms have gas fireplaces, many have two-person whirlpools, some have hydromassage tubs for two. The Inn’s dining room serves award-winning fine cuisine. Dinner is by reservation to inn guests and the public. The Inn’s pub is a favorite spot for guests as well. There are 15 acres including hiking and skiing trails and a mountain spring fed pond.
Sales in the past three years have exceeded $1.1 million. 2014 reports $1,190,000.00 in total income! Of that, $830,000 is room sales with 42% occupancy and an average daily rate of $287. Cash flow before debt service, owner compensation and depreciation is $211,083.
This is a very strong and viable Inn business that provides an active and pleasant lifestyle for it’s owners. New owners will enjoy the owners home that sits on a hill overlooking the Inn and the mountains. It is 100 yards from the main Inn and offers 3 bedrooms, 2.5 baths, a full kitchen, dining and sitting room with a fireplace and a two-car garage. The house is included in the price of the Inn.
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