Since early 2021, the Vermont innkeeping landscape has had a dearth of new B&B inn for-sale listings
that could be characterized as genuine commercial businesses- not “lifestyle” or “hobby” opportunities.
This changed on January 1st, 2023…
The Phineas Swann Inn and Spa is a turnkey, operationally successful B&B Inn and is offered for sale for the first time in more than a decade.
This inn is an eleven-guest room/suites B&B inn located in a quaint village near the base of Jay Peak, one of Vermont’s most important resort destinations and only seven miles from its ski lifts and golf course.
A wedding barn was renovated and enhanced two years ago and offers wedding parties undercover seating, with lighting, heaters, and upgraded seating & tables. A small catering kitchen has also been added for ease of serving wedding banquet meals.
Last year’s most significant improvement was a state-of-the-art day spa facility's purchase, renovation, and startup. An adjacent building purchased in the previous year was completely gutted and reconstructed, offering both men’s and women’s bathrooms, two saunas, exercise equipment, a Peloton Bike, treatment rooms, and a relaxation room. All are tastefully decorated in Vermont style.
Revenue, net operating income, ADR, and occupancy percentages have all increased significantly over the last few years, with new revenue streams in place to further strengthen profit.
A loyal, long-term staff rounds out the operation.
The E-Brochure can be found here:
Financials are available for well-qualified buyers who have filled out a Buyer Data Sheet and a Confidentiality Form.
Potential purchasers of this property will require significant liquid funds of +/-$650,000.00