Vermont’s Northeast Kingdom Inn
Travel + Leisure named this Inn #30 Best Hotel in the World and #6 in the USA! 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). The subtle details here are many and each adds to the guest experience, leading many to believe that “…this just may be the most romantic place on the planet” (Zagat’s Guide). The Inn is truly a destination complete in itself.
Sales in the past three years have exceeded $1.1 million. In 2016, the Inn grossed $1,178,8588.00. Of that, $810,000 is room sales with 41% occupancy and an average daily rate of $287. Cash flow before debt service, owner compensation and depreciation was $204,803.
This is a very strong and viable Inn business that provides an active and pleasant lifestyle for its Innkeeper owners. The owners’ home has an ideal location, overlooking the Inn and 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.
Photographs courtesy of Jumping Rocks Photography.