URBAN BOUTIQUE HOTEL

The Hearthside Group
4448 Basin Harbor Road
Vergennes, VT 05491-9192
802-863-2150

URBAN BOUTIQUE HOTEL

Looking for a profitable hospitality business in a great location? Look no further! This unique business offers less than 15 “city chic” guest rooms oozing with creature comforts in a hopping coastal location that attracts both leisure and business travelers year 'round. The occupancy rate is 66.64% and growing steadily. NOI for the trailing 12 month period July 1, 2009 to June 30, 2010 is an impressive $234,613. Gross sales for 2010 are expexted to be over $500K. Unlike traditional Country Inns & B & B's, expenses are minimal and easily controlled. This combined with a superb location in a city filled with fabulous dining, art and history makes for a reliably profitable business. This is a tremendous opportunity to own one of our industry's trendy new lodging concepts. Confidentially available for $1,350,000.

Buyer Inquiry Sheet

We are genuinely pleased with your interest. We want to know as much as we can about you so that we can better assist you. Please take the time to complete and return this form with as much detail as possible, and we will contact you with information about the viable, appropriate opportunities currently available that meet your requirements. Buying a hospitality business means buying a home, a business, and a lifestyle all in one transaction. We pride ourselves on matching buyers with appropriate properties.

The more we know about you, the more helpful we can be in introducing properties that are appropriate to your search.

What type of hospitality property are you looking for?

Bed and Breakfast Inn/B&B	# guest rooms (give range)
Full Service Country Inn	# guest rooms
Lodge/Hotel/Motel	# guest rooms
Restaurant/Cafe	# seats

How much acreage are you looking for? Outbuildings?

Please describe the kind of property and location you require:

How much cash are you planning to commit to this purchase?

Banks will require a down payment of a least 20% for conventional financing plus money for working capital and closing costs. Given the amount of cash you are planning to commit to this purchase, what is a realistic price range for your property?

Do you need to sell your house in order to make this purchase?

Do you have any experience in the hospitality industry or other relevant experience?

Are you planning a trip to look at properties in the near future?

Many buyers take years to make this purchase and others mere months. When do you envision starting your new life as an innkeeper/restaurateur?

Do you have any specific questions or concerns about the process of buying a hospitality business that we can address for you?

Please review our listings and indicate here which properties you would like to know more about:

Inns and Bed & Breakfasts
QUAINT LAKEVIEW VILLAGE INN
Owner Financing, Quality Construction/Renovation, Picture Perfect on the Village Green Location, A Chef’s Dream Kitchen and Priced Under $500,000.00 !!
SWANK SOUTHERN VERMONT INN
Woodstock Area Bed and Breakfast
A Romantic Luxury Bed & Breakfast Inn
The Weathervane Lodge at Mount Snow, Vermont!
LOCATION, LOCATION, LOCATION
Sun & Ski Inn and Suites/Stowe Golfpark In Stowe !
Lodges, Hotels & Motels
URBAN BOUTIQUE HOTEL
Restaurants & Cafes
New To Market In Central Vermont

Name:

Address:

City:

State/Province:

Zip/Postal Code:

Home Phone:

Work Phone:

Cell Phone:

Fax:

E-mail:

How would you like us to contact you? Home Phone Work Phone Cell Phone Email

How did you learn about The Hearthside Group?