Hill Country Bed and Breakfast

Comfort, Texas
www.meyerbedandbreakfast.com

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Property Type
Bed & Breakfast / Inn
Guest Rooms
34
Baths
34
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$5,799,000

Occupancy Rate
42%
Average Daily Rate
$139
Gross Revenue
$810,000
Gross Revenue Multiplier
7

Property Overview

Incredible 34 unit B&B on 33 acres...yes 33 acres!...in downtown comfort with Cypress Creek running through it! Successful, landmark property which began as a stage stop in 1857. Most unique location imaginable. Step out the back of the inn and stroll along Cypress Creek and watch deer walking along the banks.


Property Description

You simply won't believe how the rolling green lawn leads down to beautiful Cypress Creek, making you feel like you are in a secluded country setting. However, when you walk out the front door of the B&B you are just steps from quaint restaurants and shops. This property truly offers the best of both worlds.


Business Description

Successful, popular B&B sold turnkey including future bookings. Tremendous revenue with revenue to grow even higher. Contact us for the 2016 P&L as well as a pro forma showing potential revenue increases based on small changes and/or yield management.


Reason for Selling

Ready for new challenges.


Terms & Asking Price

Cash/conventional. Possession upon closing and funding, negotiable.