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Inn Consulting Partners

Inn Consulting Partners - Inns For Sale - 877-957-2360

Pennsylvania College Town Inn for Sale

The Basics

State:
Pennsylvania
Style:
Bed and Breakfast
Guest Rooms:
24 rooms and suites
Location:
College Town
Acreage:
In Town
Business:
College, local business
Sales:
2009 were over $540,000
Occupancy:
48%
ADR:
$130.00
Price:
$2,975,000.00
Special:
Newly constructed
Spacious rooms
High occupancy

This newly constructed 24-room Bed and Breakfast Inn (no dinner) has been an instant success, thanks in no small part to its neighbor, Susquehanna University. In addition, another major university is a scant 13 miles away. Add an active business community and the result is a successful Bed & Breakfast operation.

This attractive business for sale sits on Main Street and has rapidly become the preferred lodging facility in the area. The current owners, who built the Inn, took a big risk, but the next owners will have very little. The Inn opened in 2006 and in its first full year (2007) had an astounding occupancy rate of 50%. Additional growth is likely.

The Inn is priced at $2,975,000.00.  If you are one of many folks who desire the cultural (and financial) rewards of a college town, you should contact us for further details.

FOR MORE INFORMATION ON THIS INN contact us!