First, the Landmark Inn is a highly successful business, doubling revenue in three years to over $605,000 with a very healthy ADR of $248. Facilities have benefited from enormous investment. The staff has been trained to create the best guest experience in Cooperstown, as evidenced by the Inn’s three year, uninterrupted run as the #1 Bed and Breakfast in Cooperstown (there are over 20 active).
Worried about the winter? Don’t be. Well, winters are winters and many visitors do come to enjoy the beauty, but the business results quoted above are AFTER closing the Inn for a month each year to seek the sun! Go sit on the beach while the housekeeping staff does its deep clean and the painters do their thing!
Worry about life balance? Don’t be. Yes, owning any business is hard work and sometimes involves long hours. But the Inn’s guests are wonderful and the Landmark Inn is fully staffed with efficient, long-term, committed employees. And you won’t be relegated to living in an efficiency apartment off the kitchen or in the attic. The current owners have built a luxurious three bedroom, two bath owner’s home right behind the Inn, giving you the sanity-separation needed from any business.
Worried about future growth? Don’t be. Renowned Opera, Dreams Park Baseball, the Baseball Hall of Fame, Otsego Lake, and many world class museums are all experiencing solid growth. And now a new year-round indoor water park has been proposed (and received initial approval) six miles from the village! Another bonus is that the Landmark also has over an acre of land behind it for future development! Did you know the wedding business is booming in Cooperstown, and current owners have not even tapped into it yet! The best days for the Landmark Inn actually lie ahead if it.
Worried about the impact of Airbnb? Don’t be. The Inn has built its reputation on a level of Bed and Breakfast luxury that is unmatched in town, with three of its suites rivaling any accommodation anywhere. As such, the Landmark’s clientele – many of whom return each year – is not likely to book a room over someone’s garage and be contented to be served a bowl of cereal.
And then there’s the beautiful village and community of Cooperstown, New York. Love to boat? Boat slips are available and affordable. Love to golf? The gorgeous Leatherstocking Golf Course offers an unbelievable rate to local residents for the season. Love the country club life? The Cooperstown Country Club offers a world class tennis facility and an exquisite dining experience away from your guests.
So, what are you waiting for? You can build a good business and a great life at the Landmark Inn, Cooperstown’s #1 Bed and Breakfast for sale.
Call Inn Partners today at 877-957-2360 for details on this outstanding Inn.