Profile: One Of The Most Romantic Boutique Hotels In Carmel–by-The-Sea.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Michael Russell, Broker
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| Primary Phone: |
831-625-5581 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/6/09 |
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| Date Last Revised: |
10/6/09 |
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| BizBen Ad #: |
144053 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$5,500,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$750,000+ |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Call |
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Description:
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One Of The Most Romantic Boutique Hotels In Carmel–by-The-Sea, This Inn Is Nestled In The Heart Of The Village, In The Midst Of Carmel's Finest Restaurants, Unique Shops And Well-Known Art Galleries.
It Enjoys One Of The Highest Historical Occupancy Rates Of Any Comparable Hospitality Property In The State. Even In The Economic Downturn, It Has Respectable Occupancies For The Past Three Years- 2008/69.1%, 2007/83.2%, And 2006/89.7% And Has Had An Average Annual Revenue Of Over 775,000 During That Period. It Recently Enjoyed An Upgrade Of Over 100,000.
This Charming Brick, Half-Timbered English Tudor Country Inn/Bed And Breakfast Is A Delightful Experience. It Begins As A Guest Walks Up To The Front Steps To Enter An Atmosphere That Seems Almost Magical. An Ancient Oak Dominates Its Courtyard And Cascading Waterfalls, Camellias, Rhododendrons, Hanging Plants; Ferns And Flowers Abound In Great Profusion. It Also Includes A Manager’s Apartment.
Seller Financing Is Available.
Parking For Nine Cars On The Lot Across The Street Included.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Michael Russell, Broker at 831-625-5581 Non Disclosure Agreement |
Business For Sale Photos
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