The Merry House Inn
Defiance, MO
Offered for sale at $750,000
AMAZING OPPORTUNITY! Surrounded by award winning wineries & walking distance to the Katy Trail, this already popular Bed & Breakfast and Wedding Venue was sold in early 2018 to go through a complete professional renovation over the past year. Now an even more viable business with 4 large king suites and all with spa-like bathrooms and two with fireplaces. Live-in quarters for innkeeper/owner has all new chef inspired kitchen with 6-burner gas range, stainless steel appliances, quartz countertops & large pantry; also includes master suite with spa bath, huge walk-in closet, living room & laundry facilities. The double-sided wood burning fireplace in foyer & open entertaining area will be a nice welcome this winter. The large wraparound porch or covered deck can be a great place for enjoying a glass of wine or a wedding ceremony. The upstairs turret is perfect for elopements. New high-end furnishings, bedding & linens. Ample parking, garage & large red barn can be used for additional income potential. This property would also be a great full house rental with 4 large wedding venues within 2 miles. No other B&B or Airbnb rentals in the area so no competition. Option for Owner to stay on as a silent partner and finance a portion.
Property Details- 4 Guest Rooms
- 6 Guest Room Baths
- Has Owner's Quarters
- Built in 1993
- Last Renovated in 2019
- Opened in 1993
- Building is 5,100 SQFT
- Lot is 1.45 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $750,000
- Occupancy Rate: 25%
- Average Daily Rate: 340.00
- Annual revenue is $157,000
- Terms: Inn was purchased in 2018 and been going through a complete renovation over last 13 months to reopen under a new owner.