The Meadowlark Inn

East Springfield, New York
www.themeadowlarkinn.com/
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Property Type
Bed & Breakfast / Inn
Guest Rooms
12
Baths
12
Restaurant
No
Owners Quarters
Yes
Asking Price
$625,000

Occupancy Rate
95%
Average Daily Rate
$160
Gross Revenue
$170,000
Gross Revenue Multiplier
4

Property Overview

Offered turnkey including guest furnishings, 12 sets of room appliances, bedding, outdoor furniture, plus a rich client database and wealth of established marketing. Meadowlark Inn consists of 12 immaculate rooms on 4 park-like acres. Beautiful gardens and walkways plus a massive central pavilion with BBQ and wet bar. Kick back or enjoy the volleyball court, horseshoe pit, fire ring, or the ENTIRE Baseball field and diamond!! Adventure and family fun to be had in spades. In addition to the 11 guestrooms and large guest suite, there is an enchanting separate lobby, recreation and dining area.


Property Description

Two buildings and pavilion/outdoor space on 3.73 acres. The Main building includes a lobby/breakfast area with a one bedroom, one bathroom caretaker's apartment above. To the side are nine rooms with two queen sized beds - the first eight in a mirrored design; the ninth is a handicap accessible unit with a supply room next door. The back building includes two more rooms and a suite. The L-Shape layout provides privacy for the pavilion, baseball diamond, horse shoe pit and entertaining area.


Business Description

Business is turnkey minus a few personal items in the lobby. Deep client database with many repeat customers. Proximity to GlimmerGlass Opera (six miles) and Cooperstown provides high demand opportunities during the 13 week tourism season.


Reason for Selling


Terms & Asking Price