Spectacular Finger Lakes Dinner Service Inn $2,975,000

If you are looking for a good business model with a very busy tourist season and quieter season for you to recharge, this property is definitely worth a look. Well established reputation for providing quality accommodations as well as great dining experience for Inn guests as well as the general public.

Located within a 15 minute drive of Ithaca NY, this property has the added value of providing for the very attractive college and university markets of Cornell University and Ithaca College. Additionally, in the heart of the booming Finger Lakes Wine Region, there are over 25 wineries and distilleries within 20 miles of the Inn, which provides a steady stream of visitors to the area.

The Inn's guest rooms are located in the main Inn as well as four Guest Houses. The Inn's occupancy rate of 35% is based on 365 days per year, however this Inn is open April through December, allowing the owners three months of personal time. The occupancy rate for the time the Inn is open averages 50%.

The Inn's restaurant is open to the public as well as Inn guests, for dinner only. The dining rooms and enclosed porch provide seating for up to 150 people. Smaller weddings, business meetings and events are accommodated too.

Now that we have enticed you - visit our website for the rest of the details and to request more information about this Spectacular Finger Lakes Dinner Service Inn! Inn Consulting Partners 877-957-2360 (toll free)

Details

  • Built in 1946
  • 23 Guest Rooms
  • 23 Guest Bathrooms
  • Lot size: 12 acres
  • Has owner's quarters
  • Has a restaraunt
  • $2,975,000
  • 35% annual. occ. rate
  • $181.00 avg daily rate
  • $1,152,000 gross revenue
  • $535,000 room revenue
  • $600,000 rest. revenue

Listing Agent

Inn Consulting Partners, Inn Consulting Partners
40 High St, PO Box 1162
Brattleboro, VT 05302

Phone: 877-957-2360
email: inns@innpartners.com

Let the Inn Consulting Partners team help you make the right match. We have a fine selection of Inns and Bed & Breakfasts.

Location

Confidential Near Ithaca, NY 14850

Photos (click to enlarge)

Views of one of the Finger Lakes from almost every guest rooms, and the dining room, of this Spectacular NY Dinner Service Inn for Sale

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