in Missouri Wine Country
Asking Price: $1,195,000
Gross Revenue: $225,000
Years in Business: 16
# of employees: 2 FT, 1 PT, plus owners
Type of Sale: Asset sale including real estate
This historic high-end bed and breakfast with restaurant located in Missouri Wine Country is configured to offer four private guest lodging options, as well as innkeepers’ quarters. The gourmet restaurant is open to the public, providing an additional income stream. Special events are hosted in multiple settings on the property. The facilities have been well-maintained and modernized to offer comfort, convenience, and superior hospitality in an exceptional setting. Furniture, systems, and supplies convey, so the new owner can continue operations on day one!
Missouri Wine Country’s thriving popularity supports the various lodging options in the area. The facilities and gourmet restaurant offerings of this specific bed and breakfast are unique within the area. Guest loyalty and superior ratings ensure 90% occupancy on weekends throughout the year, as well as higher than average occupancy on weekdays.
The property features enough space and the infrastructure to add more guest rooms.
Expansion of meals and programs offered through the gourmet restaurant is in demand.
Additional workshops, retreats, and packages could be promoted to various communities and interest groups, eg: health retreats, business retreats, winery tours with picnics.
Venue lends itself to winery/wine bar, distillery, and/or craft brewing.
Ideal Buyer Requirements:
A new owner must genuinely enjoy providing superior hospitality to guests. Cooking, cleaning, laundry, basic maintenance, carpentry, and landscaping tasks can be provided by the new owner(s) and small staff, and/or hired out to local contractors as desired. To be most successful, the bed and breakfast should be operated as a business, rather than a hobby, with sufficient bookkeeping and solid business practices.
Terms: Asset sale including real estate, terms to be negotiated.
Support/Training: Current owners will provide up to six months of transition assistance as needed.
Reason Selling: Retirement
Listed By: David Driscoll – Metro Business Advisors, LLC; DDriscoll@MetroBusinessAdvisors.com
Interested in learning more? Please complete our Buyer Registration and Confidentiality Agreeement