The Gibson House Bed & Breakfast

Haverhill, New Hampshire
www.gibsonhousebb.com

Add to Favorites
Property Type
Bed & Breakfast / Inn
Guest Rooms
8
Baths
10
Restaurant
No
Owners Quarters
Yes
Asking Price
$399,000

Occupancy Rate
NA%
Average Daily Rate
NA
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

Price significantly reduced! Centered on the historic village green of Haverhill Corner, the Inn overlooks the pristine Upper Connecticut River Valley and Green Mountains of Vermont. Featured in Antiques Magazine, Haverhill Corner is the quintessential New England village, picture perfect and totally devoid of commercial activity. Rebuilt in 1850 on its original stone foundation, this 10,000 sq. ft. Greek Revival building is listed in the National Register for Historic Places, and served as a stagecoach inn throughout the 1800's. Imaginatively restored by a talented local artist, every room conveys the opulence of a bygone era. Operations have been limited to summer (3 months operation).


Property Description

Fully updated 10,000 sq. ft. Greek revival structure rebuilt on original stone foundation in 1850. 8 spacious guest rooms on 2nd and 3rd floors with luxurious private baths. 2,500 sq. ft. public space on 1st floor includes two breakfast rooms, dining room, parlor, and country kitchen. 2,000 sq. ft. art gallery opens to 1.25 acres of formal gardens, lawns and lily pond. Sprinklers and commercial fire alarm system installed in 2009. Two story owners' quarters located in adjoining 1,200 sq. ft. building. Entire property wired for cable TV and high-speed Internet access. Heating systems are zoned, and both buildings are fully insulated for year-round use.


Business Description

Established as a B&B in 1996 by a talented local artist. Current owners purchased property in 2005 and added 4 guest rooms with private baths, introduced artist and writers' workshops, and upgraded culinary services and amenities. Gross revenues increased 190% from 2005 to 2008, even as operations have been limited to summer and fall (3 months operation). Repeat clientele is generated by 11 area overnight camps, a private boarding school, and local businesses. Property is located on a national and state bicycle route, and is convenient to tourist attractions in NH and VT. Rooms and porches have a commanding view of the Upper Connecticut River Valley and the pristine, historic Haverhill Corner village green.


Reason for Selling

Owners spend 3 months per year in New Hampshire and 9 months per year in New Jersey.


Terms & Asking Price

Turnkey operation includes building, land, all furniture and fixtures, equipment, business name, website, guest list, and advertising materials. Owners would be glad to provide training and assistance for whatever period required.