Pomegranate House & Cottages Bed & Breakfast
SOLD

Granbury, Texas
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USD $659,000
Asking Price
4
Guest Rooms
4
Baths

Property Overview

Beautiful, highly respected B&B in a great town with 2 theatres, many restaurants, unique shops in the historic square and just 35 miles from Fort Worth. Located just 9 blocks from the square - yet in a very secluded courtyard with Koi pond and waterfall. The main house is currently being used exclusively by the owner and has two bedrooms and two baths - can be another guest room if desired.


Property Description

No Restaurant
Owners Quarters

All of the very private bed and breakfast cottages at the Pomegranate House offer private baths with whirlpool tubs, spa showers or hand-held showers, electric fireplaces, TV with DVD player, refrigerators, coffee makers and individual air/heat controls. All bed and breakfast cottages are first floor with just a few steps to the porches.


Business Summary

66%
Occupancy Rate
$32,500
Revenue Per Room
$125
Average Daily Rate
$130,000
Gross Revenue
5.70 x
Gross Revenue Mulitplier

Very well established Bed and Breakfast - one of the busiest in Granbury! The cottages are very easy to sell as they offer privacy not available in a one house B&B. Also pet friendly and child friendly so that provides more bookings also. This has been a B&B for over 20 years so it's very turnkey. The courtyard is beautiful with a Koi pond and waterfall.


Reason for Selling

Moving back to east coast where my grandchildren are. Price is negotiable.


Terms & Asking Price

No owner financing available.