Inn at Bella Vista B&B For Sale

Business description

See a Virtual Tour at www.tourfactory.com/333254...Perched atop a bluff in the Ozark Mountains and nestled amongst 14 acres of trees, gardens and native plants, the Inn at Bella Vista is truly a one-of-a-kind property. The primary residence was initially designed by E. Fay Jones, world renowned architect and apprentice to Frank Lloyd Wright, and offers panoramic views of two golf courses and Lake Rayburn.

Bill and Beverly Williams purchased the property from its original owners in 1996, and have maintained the Inn as a B&B ever since. Guests come to the Inn from all over the U.S., and include golfers, autumn leaf peepers, college sports fans and business travelers. The Inn is located just ten miles from Wal-Mart corporate headquarters and a short 25-minute drive from the University of Arkansas, and was ranked “Best for Business Travelers” by Arrington’s B&B Journal.

Owner Beverly Williams is an LPGA Class A Teaching Pro, and was voted one of the “Top 50 Teachers” by Golf for Women magazine in 2002. Beverly runs the B. Williams Golf School out of the Inn, and attracts students of all ages and skill levels from across the country. She teaches in small groups and specializes in working with women and junior golfers. Her location at the Inn allows Beverly to interact with students both on and off the golf course. Beverly would be willing to continue to run the school onsite at the Inn under new ownership.

At the Inn at Bella Vista, nature and architecture combine to create the perfect environment for relaxation and recreation. The Inn provides an owner operator the opportunity to live in an extraordinary home with a great business attached. Inn at Bella

Property information

Real Estate:

Real Property Included

Living accommodation:

Separate owner's quarters are attached to the main residence.

Location:

The primary residence is approximately 9,000 square feet of rock, glass and cedar, with five bedrooms and the option for a sixth. All bedrooms have their own full bath, walk-in closet and high-speed internet access. The main building features a gourmet kitchen, dining room, living room, pro shop and several common sitting areas for guests. Separate owner’s quarters were once used as a recreational area and gaming room for the original owners. All of the upstairs bedrooms open onto a deck with views, and the main floor opens out to the back of the home, which includes a patio and in-ground swimming pool. The grounds attract many transient visitors like deer, chipmunks, squirrels, foxes, and birds of all kinds – even Bald Eagles.

Other information

Expansion potential:

The wedding business at the Inn is virtually untapped. The current owners host the occasional wedding, but have chosen not to pursue this as on ongoing revenue stream. The food service side of the business has also been extremely limited to date. A new owner could open to the public for dinners, Sunday brunch, holidays, and host private events. With 14 acres of land attached, there is plenty of room for expansion of structures and outbuildings (cabins, pavilion or gazebo for events, additional parking). The website has been a productive marketing tool for the Inn, but many marketing opportunities still exist for this unique destination. Located in Northwest Arkansas, one of the fastest growing parts of the country and home to corporate giants like Wal-Mart, Tyson Foods and J.B. Hunt Trucking, the Inn is poised to take advantage of the area’s explosive growth.

Competition / Market:

The Inn enjoys very rare commercial zoning: It is currently the ONLY commercial lodging establishment in Bella Vista. While the village has recently incorporated, Bella Vista continues to exist as a planned community with POA rules and regulations that would make opening another B&B in Bella Vista an extremely difficult proposition.

Support & training:

Negotiable. Seller will provide complete training and transition period.

Reasons for selling:

Retirement

Furniture / Fixtures value:

$50,000 (included in the asking price)