The Bradford Inn $1,495,000

Towanda, PA

A Most Beautiful and Profitable Inn For Sale.

Nestled in the heart of the Endless Mountains in scenic Northeastern Pennsylvania in a small town in Bradford County, sits this beautiful and tasteful Inn. No renovations or improvements will be required. 24 newly decorated and equipped rooms are available. Three buildings are involved in this property as well as a meeting room for local businesses and organizations.

In 2009, the Bradford Inn was established as an Inn. It boasts a desirable business location in Towanda, PA. The scenic view of the Susquehanna River is close by. Bradford County has become the center of the Marcellus natural gas play in Northeastern Pennsylvania. Towanda is the county seat of Bradford County. The occupancy rate for this Inn has historically been between 85% and 100%. Net profit from this business more than justifies the firm asking price of $1,495,000.00. Serious inquiries from qualified buyers with a bank pre-approval letter will have access to the financial statements.

Each room in each building is furnished and decorated. The main building houses 12 rooms, 11 full baths, 2 half baths, a sitting room, fully operational kitchen, dining room, an organic beauty salon, laundry, and a banquet/meeting room which will accommodate 50 people. The bunk house has 9 rooms, 9 full baths, 2 half baths, a large common area, and a fully operational kitchen. The carriage house has 2 rooms, 1 bath, a kitchen, and a laundry. All are in excellent condition. Every room and common area has a flat screen TV. This is a first class turnkey operation.

All decorations, equipment, furniture, and items associated with the operation of this business are included. When you tour this property, everything you see is included in the sales price. You must see this property to appreciate its condition. Nothing has been left undone.

This is a perfect opportunity for an entrepreneur as well as for an established corporation. Whether this property is owner operated or operated as an absentee owner, the net profit generated makes it an excellent investment opportunity. This is not exaggeration. Take the time to investigate this opportunity if it is a business you would normally consider. Owner occupancy and operation will increase the already above normal net profit based on the price. The carriage house could serve as owner’s quarters. This would reduce the guest rooms to 22 rooms.

The Central Bradford County area boasts an 18 hole golf course and Country Club, fishing on the Susquehanna River and surrounding waterways and lakes, excellent hunting opportunities for whitetails and small game, some of the nicest scenery in the State of Pennsylvania, a YMCA, a regional arts council, a two screen movie theatre, three major industrial corporations, the Marcellus Shale gas industry, and a laid back lifestyle second to none. Major shopping malls and airports are within one hour in four directions including Elmira NY, Binghamton NY, Wilkes Barre/Scranton PA, and Williamsport PA. The New York State Finger Lakes are all within 90 minutes as is the Pennsylvania Grand Canyon. Towanda has a local airport which can handle up to small private jets.

Please contact and ask for William Them or Patricia Them at Century 21 Jackson Real Estate, 1239 Golden Mile Rd in Wysox, Pennsylvania to learn more about this desirable listing. The office number is 570-265-2100. William’s cell phone is 570-637-1145. Patricia’s cell phone is 570-637-1459. The office web site is Century21JacksonRealEstate@Century21.com. William’s email address is William.Them@Century21.com and Patricia’s email address is Patricia.Them@Century21.com.

We will be available to show this property at your convenience.

Details

  • Built in 1897
  • 4 years as B&B
  • Last renovation in 2009
  • 24 Guest Rooms
  • 22 Guest Bathrooms
  • 8727 sq ft
  • Lot size: 0.50 acres
  • 30 Parking Spots
  • $1,495,000
  • 95% annual. occ. rate
  • $90.00 avg daily rate

Listing Agent

Patricia Them, Century21 Jackson Real Estate
1239 Golden Mile Road
Wysox, PA 18854

Phone: 877-382-2121
email: patricia.them@century21.com


Location

8 State St Towanda, PA 18848

Photos (click to enlarge)

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