Award Winning Lakefront Inn in Granbury, TX
Offered for sale at $5,600,000
The Inn on Lake Granbury is an award-winning Select Registry© lodging property located in Granbury, Texas. The Inn enjoys a solid and profitable year-round business in a historic and desirable lake destination within 2.5 blocks of bustling Granbury Square, less than 2 hours from the Dallas/Fort Worth metroplex.
The property sits on 3 acres consisting of 4 buildings on a stunning lakefront lot. The 2-story Main Inn Building houses 8 guest rooms with a 1st floor gathering area. The adjacent Multi-Purpose Building offers a guest check-in area, breakfast/dining room, commercial-grade kitchen, office, laundry facilities, 2-car garage/converted storage area, and a 18-40 person event and meeting space. The Lake Suite Building is located across the property and houses 4 private guest suites and the 2-bedroom Lake House. The Cottage features an 800-square-foot guest unit along with a pool bathroom and private office.
The current guest experience at Inn on Lake Granbury includes a full individually plated breakfast, attentive concierge services, afternoon manager’s reception, and an exemplary selection of packages and enhancements. The richly appointed guest rooms are a major draw featuring high-end amenities including steam showers, two-person jetted tubs, fireplaces, private balconies, high end linens and stunning lake views. View all guest rooms and suites.
The well-manicured and extensively landscaped grounds offer breathtaking live oak trees, lake view hot tub, gorgeous fenced-in saltwater pool, sitting dock, fire-pit and numerous guest seating areas along 300 feet of gorgeous lakefront. Inn on Lake Granbury also features a destination Wedding & Event Venue capable of servicing weddings up to 150 guests, and indoor meetings/receptions for up to 40 with the option for an outdoor tent set-up along, and lunch and dinner catering.
The Inn is located in a prime tourist destination brimming with charm and quaintness in an idyllic waterfront location. The quality of the art galleries, boutiques, restaurants, wineries and theater has transformed Granbury into a thriving arts and culture scene only a short drive from Dallas/Fort Worth. The sale price includes a separate home with living space and full kitchen located 1/2 block from the inn, which can be used as owner’s quarters or a vacation rental.
The Inn has earned a sterling reputation with outstanding guest ratings on Google®, TripAdvisor® Yelp® and more. Business is very strong with multiple revenue streams, making Inn on Lake Granbury profitable with additional room for expansion. The offering price is solidly supported by the Inn’s cash flow.
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- Offered for sale at $5,600,000
- Occupancy Rate: 74%
- Average Daily Rate: $323
- Annual revenue is $1,474,000
- Terms: The above numbers are for 2021. Additional financial numbers are available upon request.