InnShopper > Inns for Sale > Vermont > Old Bennington > Simply Stunning...Reliably Profitable

Simply Stunning...Reliably Profitable


Old Bennington, VT   Offered for sale at $2,200,000
 

The 11 guest rooms and suites are stylishly updated and furnished with an eye to preserving the inn's old world charm. All have private baths, flat screen TV's and individually controlled heat and air-conditioning. Most have working fireplaces and luxurious bathrooms with jetted tubs. Due to its strategic location, architectural style and appeal, this inn attracts both business and leisure travelers.Current owners have cultivated several HR relationships over the past 11 years that has secured them a very strong, reliable mid-week corporate clientele. In 2013 they made the decision to close the restaurant and operate the business as a Bed & Breakfast Inn with an intimate, full service bar open to lodging guests only. They continue to host special events and functions, but hire an outside caterer to provide food service. The inn’s corporate and leisure travel clientele, as well as, local residents would love to see dinner service reinstated. All licenses, fixtures and equipment are in place to reopen the restaurant should new owners choose to maximize the use of this superb facility. There is a newly refurbished 1-bedroom, 1-bath owners’ apartment on the second floor of the main inn. It features a sleek, new galley kitchen with stainless appliances, a peninsula island dining bar that opens to an attractive sitting area with built-in entertainment center. This attractive living space opens to a private, westerly facing deck. A switchback staircase leads to a large, semi-finished attic space that could be converted to additional living space. One of the smaller guest rooms on the third floor of the inn could easily be adjoined to the owners’ quarters if desired. New owners may want to consider building a home onsite or purchasing one of exquisite period homes in the surrounding Historic District.




Property Details
  • 11 Guest Rooms
  • 11 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1913
  • Last Renovated in 2015
  • Opened in 1950
  • Building is 9,454 SQFT
  • Lot is 11 Acres
  • Photo Gallery
Financial Details
  • Offered for sale at $2,200,000
  • Occupancy Rate: 65.68%
  • Average Daily Rate: 171.00
  • Annual revenue is $2,015
Contact Information