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Inn (Nipomo) $1,699,000

Picture
GROSS OPERATING INCOME:  $175,000
NET PROFIT:  $125,000
DAYS / HOURS OPEN:  Open 7 Days
FULLTIME EMPLOYEES:  1
EQUIPMENT VALUE:  $20,000
PART TIME EMPLOYEES  4
INVENTORY VALUE:  $100,000
YEARS CURRENT OWNER:  20
HOURS OWNER WORKS:  10
PARKING TOTAL:  15
Owner May Carry
REASON FOR SELLING :Retiring
Historic Victorian style boutique hotel on one acre. Over the past 20 years, Seller has invested heavily into the property, realizing a vision that maximizes available square footage for room revenues while expanding the grounds into a beautiful wedding venue, generating significant revenues and profits in addition to the hotel itself. The hotel has a combination of 6 rooms and suites, each with its own bathroom. A shared common lobby / breakfast area allows guests to relax beyond their private hotel room. Guest also can enjoy an acre of beautiful gardens with gazebos, water features and fire pits. The freehold real estate is included in the purchase price, which is located in a quickly gentrifying downtown area in the path of tremendous progress. Located conveniently near wineries, beaches, and several downtown areas, the hotel attracts guests from San Francisco and Los Angeles alike, as well as national and international travelers visiting the Central California Coast. Multi-family zoning 20 units per acre. Seller has plans for 6 condos on ½ acre which will not impact the existing hotel operation. Perfect opportunity for a boutique hotelier expansion to the Central Coast, or a commercial builder seeking a development opportunity in addition to the existing profitable hotel operation. It is currently the only Hotel in Nipomo and one of the few grandfathered in for Events in the South County. The full prospectus will be provided on request for qualified potential buyers.

​Do not talk to the owner and employees.
​No Co-op brokering.
​The photo may not be an actual photo of the business.

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    Please be advised that kibomrealtor.com(Credent Realty) may render only the service of introduction of Business Details bases on our own personal opinion, news papers and a source of internet advertising. Not verified by a  certified appraisers. Therefore the contents of the kibomrealtor.com (Credent Realty) were not verified and their accuracy is not guaranteed. It is user’s responsibility and duty to check and verify the accuracy of the value of the business. This result is only asking price not a done deal price.
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    This  information is from seller not verified or confirmed by kibomrealtor.com(Credent Realty).  It is buyer's responsibility and duty to check and verify the accuracy of the seller's representation as to the business opportunity. The buyer agrees and acknowledges that the buyer will not claim or sue kibomrealtor.com (Credent Realty) or its agents regarding the business after he/she purchases. It is once again emphasized that the buyer must verify the business information.  For your convenience we don't require you to come to our office to sign NDA form. Instead you can just check "AGREED AND ACCEPTED" below After reading the Non-disclosure Agreement. After that we will send you the information which include address and name. If you want to purchase the business that we send the information for, you must purchase it through kibomrealtor.com within a year from the date that this E-mail sent. ) You hereby promise to trade only through Ki Bom Kim real estate deals with real estate information obtained through KI BOM Kim.  You will pay $12,000 + cost if you deal directly with the seller or the landlord without or not through Ki Bom Kim using real estate information obtained through Ki Bom Kim. You will not raise objection on this matter.
    You must also not discuss the contents of the listing or information that the E-mail contains with anyone who was not the intended recipient. The information is highly sensitive.  By the way It highly recommend that you visit the business first and you will most likely yield a better result that expected.
    "Do not talk to owner and employees."
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    "Seller 나 종업원 하고 말씀 하지 마세요."

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    • Miscellaneous
      • Tea (Chino)
      • Acupuncture Colonic Massage (Santa Monica)
      • Copy & Printing (Northridge)
      • Welding (Jurupa Valley)
      • Korean Rice Cake (Garden Grove)
      • Hot Springs Hotel (Desert Hot Springs)
      • Franchise Cleaning Service (Pico Rivera)
      • Acupuncture (Korea Town)
      • Inn (Nipomo)
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      • Restaurant Supply
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      • Glendale
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