The Wayside Inn
SOLD

Bethlehem, New Hampshire
www.thewaysideinn.com

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Property Type
Bed & Breakfast / Inn
Guest Rooms
26
Baths
28
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$685,000

Occupancy Rate
25%
Average Daily Rate
$130
Gross Revenue
$329,534
Gross Revenue Multiplier
2

Property Overview

Here is your chance to own an established 26-bedroom Inn with restaurant and lounge in the White Mountains of New Hampshire! Well-appointed rooms with private baths. Situated on the banks of the Ammonoosuc River. Fully furnished and ready to accommodate your guests! The Inn has riverside dining and a lounge, easy access from Boston and Montreal markets and close to all attractions.


Property Description

This is a 26-room, traditional New England-style Inn. Located in a four season resort area in the heart of the White Mountains. All furniture, some antiques, all commercial kitchen equipment included. All rooms with private baths. Large game room. Ample parking on site. Sale includes 2.56 +/- acre lot across the road.


Business Description

Business has been operating on a semi-retirement basis for several years. Expanding operational date to that of a true four season Inn would increase revenues. Updating and expansion of the restaurant to attract locals as well as guests would improve desirability, as there are few dining options within a 30 min radius. Increased Web presence essential.


Reason for Selling

Retirement after 31 years! Owner's/manager's apartment in the main building for added convenience.


Terms & Asking Price

Owner financing possible, includes all real estate, FF&E. Seller will provide 80 hours within 30 days of transfer for training.