Victoria Country Bed and Breakfast
SOLD

Booneville, New York
Add to Favorites
274,900
Asking Price
5
Guest Rooms
3
Baths

Property Overview

Step inside this beautiful victorian home that has been lovingly maintained and restored through the years by its current owners who ran a B&B for over two decades. The craftsmanship and attention to detail throughout is not something found in modern builds and could not be replicated. Soaring ceilings, hardwood floors, gorgeous woodwork and era pieces will have you stunned. Fireplaces galore! Extra large village lot with perennial gardens throughout. Many furnishings included in the sale. This is a great opportunity to run an established business in a quaint village just outside of the Adirondacks! More photos are available upon request.


Property Description

No Restaurant
Owners Quarters

There is a separate owner's quarters all on the first floor that includes a full bedroom, bathroom, sun porch, living room, dining room, and full access to the kitchen and pantry. Room rates have been well below market average and through further online advertising, there is a lot more bed and breakfast business that could be obtained. Owners have had repeat customers for decades and have 5 star rating on Trip Advisor.


Business Summary

50%
Occupancy Rate
$6,000
Revenue Per Room
$85
Average Daily Rate
$30,000
Gross Revenue
9.13 x
Gross Revenue Mulitplier

Open House - 7/21/18 from 11-12:30


Reason for Selling

The owners are looking to retire into a rural setting.


Terms & Asking Price

Owner will not hold mortgage.