New Listing

Perfect for Easy Conversion to Assisted Living Facility!

Listing #: 1149A

Location: Lakes Region NH Update, New Price!!!!

Description: This main street Inn has been a center for social gatherings since before the turn of the last century. Restored with love and attention to detail over several years there is much warmth and charm from days gone by. The building shows beautifully and has been substantially updated in all systems.(Owner claims to have spent over $1,000,000 in upgrades) Featuring twelve private rooms with full baths and furnished with period antiques which are included in the asking price. The in town location could be perfect for conversion to assisted living. Two full apartments featuring two bedrooms each are also located on the top floor. These two units would be great for rental or owner/ manager quarters. Or sell as condo as they are legal condominiums. A full service restaurant and bar with function room is included with a full wall stone fireplace. Restaurant would be easy conversion to dining hall and large recreation room etc. The Inn, apartments and restaurant can be sold as a single unit but are permitted and approved as separate condos as well! Come enjoy the wonderful life style of central New Hampshire. Estimates to add elevator are on file with the broker. Owner says sell!! This could be a real money maker as an assisted living facility. Statistics indicate an increasing demand for assisted living facilities.

Financial Information
Yearly Gross: $ Not Disclosed
Cash Flow: $Not Disclosed
Assets: $800,000 plus (real estate, furnishings, restaurant equipment, etc)
Inventory: $ 0
Financing: Seller financing available for qualified buyer

Asking: $ 595,000
General Information

Year Established: Not Disclosed

Facilities: Restored building. Owner will consider offers for restaurant condo separately as well as for entire building.
Growth and Expansion: Increased Marketing and a full time owner will grow this business

Support/Training: Owner will aid in transition

Reason Selling: Part time owner is retiring for health reasons
Employees: FT 5 PT

Franchise: No Home-based: No Re-locatable: No
For more information, please contact
Company: ROI Corporation a BBANE Affiliate

Broker: Gary Rayberg

Phone: 781-682-6209 ext.

Cell: 781-858-1030

Email: info@roibusinessbrokers.com

Information contained herein has been supplied and approved by the seller. ROI makes no claims as to the accuracy of the information. The buyer should verify all information independently during due diligence.