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Business for Sale Summary

Bed and Breakfast in Suffolk County, NY - 24762

Business Type: amusement parks/arcades/recreation,entertainment,other eating & drinking places,restaurant/ cafes,catering and event planning,best deals!,new to market,business with property available,hotel / motel & other lodging
Bed and Breakfast in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $35,000 Down Payment $35,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$35,000 Down and TBD

Business Description

Asset Sale! East End Legal Bed and Breakfast on a beautiful 1 acre estate attached to a 2nd ache of surrounding adjoining country like property. Located on a quiet and secluded country-like setting. Wake up next to magnificent sunsets, beautiful gardens,horses and too much to list. This small, very expandable high end bed in breakfast now offers 3 bedrooms with bathrooms, a patio area & dinning areas. This fabulous place is fully updated and fifty percent maintenance. Free seller added new roof, gutters and trim freshly painted and looks and smells like roses. Must see to truly appreciate. Sale price will include most furnishings ,antiques, and too many extras to list. Total price for business, real estate, and furniture is $760,000.00. Real estate is being offered by PMTG Realty group. Real estate taxes are only $12,000 yearly. This bed and breakfast includes additional owner's private quarters, which includes a huge beautiful and cozy bedroom , a living room, a new kitchen, an office area, and lots of storage plus 2 a car garage. Sellers also books weddings, private affairs & functions on this charming property. Buyer can add a large tent for outdoor affairs. Seller also offers entire bed & breakfast by the day and week if needed. This entire package is only for sale as a complete package with property. Web site and training also offered and included in sale. Close to Hamptons ,wineries, fine dining, major beaches, marinas, and most major East End attractions. Seller was out of state for 4 years and tenant was taking care of the place and did $40k cask flow. A hands on, motivated buyer can triple these numbers. Bring your dreams and ideas. This estate also offers a full storage basement and needs no work. Seller just did over $100k in updates. Seller also does wine tasting events. Central A/C is available and works great..

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.