Buy a Price Slashed on this B&B in "Little Switzerland" For Sale business for sale in Ouray on BusinessesForSale.com

  • Advert ID: 638643

Price Slashed on this B&B in "Little Switzerland" For Sale


Location:
Category:

Listed by:

Asking price:
$450,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
< $500k
Net profit:
< $250k
Years established:
1997
Employees:
none


Seller is motivated and has reduced the price on this well located bed and breakfast. Most recent appraisal values the property at over $700,000.

You can't beat the location of this 5 room bed and breakfast. Situated on Main Street in Ouray, the inn is surrounded by some of the most breathtaking scenery in Colorado. Known for its plethora of outdoor activities, Ouray swarms with tourists who travel here from all over the world.

The inn caters to couples who seek a romantic getaway, and each guest room offers either a jacuzzi tub or steam sauna.


Real Estate:
Real Property Included
Living accommodation:
The lower level of the inn is currently configured as a three bedroom owner's quarters.
Location:
Commercially zoned, and located on Main Street just steps from the center of town.

Expansion potential:
The inn is currently not operating year round as the owners both commute to jobs outside of Ouray. There is quite a bit of upside potential in the revenue as the national average room revenue per year for a bed and breakfast is $25,000 per room (according to the Professional Association of International Innkeepers).
Competition / Market:
There are a number of hospitality properties in town that are competitors. Summers are so beautiful in Ouray that hotel rooms are at a premium.
Support & training:
Amount of training to be negotiated, depending upon buyer's hospitality experience.
Reasons for selling:
Owners need to relocate
Financing available:
Local bank has voiced an interest in providing financing to approved buyer.

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell Your Business section.


BusinessesForSale.com recommends
  • GET A DETAILED ANALYSIS OF THIS BUSINESS
  • Compare price and profitablility to similar businesses
  • Accurately value this business
  • Due dilligence checklist
  • View selling price of similar sold businesses
  • Business Buyer Toolbox
  • Click here to view demo
  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted

Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: