Full Service NH Resort

Franconia, New Hampshire
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Property Type
Bed & Breakfast / Inn
Guest Rooms
40
Baths
40
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$5,200,000

Occupancy Rate
60%
Average Daily Rate
$145
Gross Revenue
$3,000,000
Gross Revenue Multiplier
2

Property Overview

Well-established, historical resort property. Modern spa/fitness/indoor pool facility. Above average occupancy rates and RevPAR. Premier destination resort area. Multiple revenue sources from lodging, food service, functions, spa, and retail. Experienced well-trained team. Proactive marketing.


Property Description

40+ units. Variety of unit types. Restaurant. Pub. Spa. There are a variety of meeting and function spaces that are able to accommodate intimate events for a handful of guests or large spaces with food service for groups up to 200 people. Owner house.


Business Description

Good systems in place with ample management data. Current owners have developed an excellent management team and a sustainable marketing program. Year-round business with sustainable occupancy in all seasons. Strong wedding and group business. The owners have made significant capital improvements.


Reason for Selling


Terms & Asking Price