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B&B with huge cash back for cash buyer (Charlotte, United States) Asking Price:£1,200,000

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B&B with huge cash back for cash buyer


Revenue £, Net Profit £, Established 1980

The B&B has risen to the top of the most popular B&B's in the country for weddings.
Unfortunately due to city zoning ordinances, the Villa will no longer be hosting weddings.
The unusual part of the sale is that the business is currently running out the last remaining weddings for 2014.
It is currently staffed and producing beautiful weddings with no help from the owners.
The blessing you will receive is that upon close, all remaining deposits and payments for the 2014 weddings will go to the new owner, so the sooner it is bought the higher the return will be.
Due to the weddings being the primary source of income in the past, financing will be unlikely for this gem, but a cash buyer can get 15% of their investment back by November! If you can afford it, this is the one to buy.
Check out the attached video of a recent wedding to get a feel for the place.
Leelanau County Sutton's Bay seem to be a much more important idea that most give credit for. Next time you see or think of Leelanau County Sutton's Bay, think about what you just read and realize what is really going on. It is likely you under valued Leelanau County Sutton's Bay before, but will now start to give the credited needed and deserved.

Business Information

Number of Staff

Ownership

1

Any Expansion potential

Reasons for selling

Moving closer to family/retirement from business

Any Inventory / Stock value

Is this a home-based business

No

Property

Telephone

Business Location details

Competition / Market

Trading hours

Any Support & training

As needed

Any Furniture / Fixtures

Any Living Accommodation

Can this business be relocated?

No

Is this business part of a franchise?

No