Full Service Coastal Maine $2,400,000

Many of us dream of owning an Inn or Bed & Breakfast on the coast of Maine. The problem is that the coast is rife with small Inns with big prices. Here we have a real Inn that makes sense from its cash flow capability in relation to price. If you follow the current pattern you will work very hard for six months and not so hard for two months, leaving four months to play.

The Inn is situated at the tip of one of the many promontories that reach into the Atlantic Ocean from Route One and comprise what we call "Down East Maine". This promontory is anchored by an historic and dominating lighthouse.

There are 16 guest rooms in the Inn, 12 in the main Inn and 3 in the carriage house and a cottage. The Inn offers fine dining and an informal tavern for Inn guests and the public.

The Inn is a member of Select Registry, Distinguished Inns of North America.

Contact Inn Consulting Partners for more information and to make arrangements to see this Inn. 877-957-2360

Details

  • 16 Guest Rooms
  • 16 Guest Bathrooms
  • Lot size: 3 acres
  • Has owner's quarters
  • Has a restaraunt
  • $2,400,000
  • 30% annual. occ. rate
  • $204.00 avg daily rate
  • $510,000 gross revenue
  • $266,300 room revenue
  • $236,165 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

Coastal New Harbor, ME 04554

Photos (click to enlarge)

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