Blue Ridge Inn Bed and Breakfast


Blue Ridge, GA   Offered for sale at $1,040,000
 

Blue Ridge Inn Bed and Breakfast, A historic property built in 1890 and located in the heart of the central business district of the downtown Blue Ridge, GA, a premium tourist destination. This is a unique opportunity for an investor or owner/operator. The Inn is highly successful with a high end daily room rate. The Inn is privately owned and operated. The owners have recently made extensive upgrades throughout the facility and on to the surrounding grounds. All improvements combine to provide an excellent rating and a great guest experience. The Inn provides the opportunity for the purchaser to live in the spacious Inn Keeper quarters or continue to rent for additional income. The Blue Ridge Inn Bed and Breakfast consists of 8 rooms (4 suites), garage/storage area, carport, 10 private dedicated parking spaces, an electric auto charging station and the original Carriage House which offers the potential to add rooms or a small take out restaurant or coffee shop also the 3rd floor can be finished to add additional rooms and increase revenue. The owners are Including in this sale the extensive database including years of returning clientele contact information and all branding and marketing tools, including website and trade marks. The Inn is fully furnished and everything included in this sale makes this a turnkey transaction adding up to an excellent investment. Currently the Inn operates with a full staff, the new owners have the choice of retaining staff or cutting back and increasng revenue.



Property Details
  • 8 Guest Rooms
  • 8 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1890
  • Last Renovated in 2016
  • Opened in 2012
  • Building is 6,014 SQFT
  • Lot is 0.34 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,040,000
  • Occupancy Rate: 90
  • Average Daily Rate: $210
  • Annual revenue is $262,015
  • Terms: Projected proforma, 2021 gross income $452,883.00
  • Prequalify for Financing
Contact Information