Crestmont Inn
Eagles Mere, PA
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Bed & Breakfast with full service restaurant and bar is now for sale in historic Eagles Mere, Pennsylvania. Newly renovated, the Crestmont Inn has 15 guest rooms, 19 bathrooms, a full service restaurant & bar which has been serving its guests and the local community for over 30 years.
The Crestmont Inn is open year round and is the ideal setting for all outdoor activities. This turnkey Bed & Breakfast with full service bar and restaurant boasts approximately 4.7 rolling green acres and is priced to sell at $1,690,000. It is a great investment for entrepreneurs as well as people interested in converting the inn to a personal private estate. Annual revenues have increased 40% since the new owners took over operations in 2011. In 2014, annual revenues were approximately $600,000 and have potential to increase with the inn, restaurant, and bar area having been newly renovated in 2015. The annual revenues do not include the large and newly renovated 3 bedroom, 2 bathroom owners' quarters which can be rented out for additional revenues. Known for hosting picturesque weddings and corporate retreats, the inn is equipped to handle large private parties and local wine tastings.
Eagles Mere, PA is a resort community northeast of Williamsport in the Endless Pocono Mountains and within hours of Washington DC, Baltimore, Philadelphia, and New York. Nearby championship golf and local tennis are also popular and include seasonal pros which are available to guests of the inn. Winter is a busy season as well, with nearby activities such as the Eagles Mere Toboggan Slide, the Crystal Lake Ski Center, and various activities in the Poconos. The nearby Eagles Mere Airplane Museum and Auto Museum containing the largest collection of rare classic cars in the East Coast are newly opened popular tourist attractions which have been drawing significant new guests to the area and the inn.
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