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Advert Ref: 35434G

Bed & Breakfast For Sale

Texas, United States

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Details: Asking price:$1,325,000; Sales revenue:$70,000; Net profit:$50,000; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: This charming Bed and Breakfast is perfectly located & perfectly maintained. There is a breathtaking view of Galveston Bay and a pier that juts out 250 ft. into the Bay for a romantic setting. This is a favorite waterfront destination for fine dining, entertainment, and an elegant romantic getaway. Located near beaches, sports arenas, concert venues and museums, you could not choose a more enchanting or convenient location to stay while in the Houston/Galveston Bay area.

General information: Years established:14; Employees: 1 part-time; Real Estate: Real Property Included; Location:This is a two house complex – 3BR, 3 1/2B – three story main house and a 3BR, 3B two story adjacent cottage. Completely furnished and two electric golf carts included. There is a 250 ft. pier and entertainment deck on the bay. Hot tub, balconies, fishing pier and a Galveston Bay waterfront location. There are six beautiful furnished bedrooms, two kitchens, family rooms, dining rooms and many, many amenities for guest enjoyment to complete this fantastic waterfront package.; Expansion potential:The present owners have business ventures and family in another state which is the motivation for the sale of this Bed and Breakfast. Since this Bed and Breakfast is only operating at a fraction of its potential, revenues could double or even triple for a new owner with a full time effort and aggressive marketing. Marketing to Corporations, tourist and bridal magazines and bridal registries would expand exposure and increase sales. Also, developing relationships with fishing charters and/or parasailing companies could increase income potential through referrals. This is an awesome investment opportunity so contact now for details.; Competition / Market:There is some competition in this area.; Support & training:Owner agrees to stay through a reasonable transition period.; Reasons for selling:Relocating; Financing available?There is a possibility for some owner financing for the right buyer.