The Rose Petal Inn

Geneva, New York
www.therosepetalinn.com
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Property Type
Bed & Breakfast / Inn
Guest Rooms
4
Baths
5
Restaurant
No
Owners Quarters
Yes
Asking Price
$389,000

Occupancy Rate
60%
Average Daily Rate
$175
Gross Revenue
$75,000
Gross Revenue Multiplier
5

Property Overview

Very successful B&B in Geneva, NY, in the heart of the Finger Lakes. The current owners do not rent all 4 four rooms and do not rent every day, therefore new owners who want to rent all rooms every day will definitely be able to see an increase in income. They also offer tapas dinners to their guests as well as "special packages" which include wine tours and tapas dinners. The innkeepers have not kept track of their revenue per room.


Property Description

This totally transformed, spacious property was originally a two-family home and now is a glorious 5 bedroom, 5 1/2 bath successful Bed and Breakfast located in the city of Geneva, NY. Perfectly situated in the heart of the Finger Lakes Wine Trail, the innkeepers have hosted guests from all over the world! The "Chef's Kitchen" includes a 6 burner gas stove, exhaust fan w/filters, light and heat lamp, a sandwich prep station plus a commercial convection oven! The completely remodeled interior and 4 ensuite guest rooms plus 1st floor owners suite will need nothing except your personal touches!


Business Description

Bed and Breakfast.


Reason for Selling

Retiring.


Terms & Asking Price

Cash or conventional mortgage.