Gatlinburg Tennessee Bed & Breakfast - Laurel Springs Lodge B&B
         
 
 
 
 
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  Laurel Springs Lodge B&B
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 Laurel Springs Lodge B&B  Laurel Springs Lodge B&B
549,000.00USD
180USD per square foot
CONTACT INFORMATION PROPERTY DETAILS
OFFERED BY: Garth Birdsey
LOCATION: 204 Hill St Gatlinburg Eastern Tennessee Tennessee United States 37738
B&B WEB SITE: www.laurelspringslodge.com
EMAIL: Click to send email to seller
TEL: 888-430-9211
FAX: call first
BUSINESS DETAILS
YEARS IN BUSINESS: Previous owner 9 years, current owners 6 years
CITIES NEARBY: Pigeon Forge, Sevierville, Knoxville, Asheville
NET OPERATING INCOME: http://www.laurelspringslodge.com/bed_and_breakfast_for_sale.htm
OCCUPANCY RATE: 57% 2006, 50.3% through October in 2007
REASONS TO VISIT: Smoky Mountain National Park, Dollywood, arts and craft community
ROOM INCOME: $88,000.00 gross in 2006
TOTAL INCOME: B&B was closed 109 days in 2006 (for free time), potential for much more income!!
ZONING: R-2 (Bed and Breakfast or overnight rental) Currently liscensed as a B&B
ADDITIONAL ROOMS: http://www.laurelspringslodge.com/bed_and_breakfast_for_sale.htm
YEAR BUILT: 1933
# OF BATHROOMS: 6
LEVELS: 3
GROSS BUILDING AREA: 3150 sq ft
GUEST ROOMS: 5
LOT SIZE: 0.37 acre
OWNERS QUARTERS: One large room and private bath
PARKING: Off street parking for 8 cars
PRICE PER SQUARE FOOT: 180
 
DESCRIPTION 
REDUCED PRICE AGAIN FOR A QUICK SALE!!!! OWNERS ARE READY TO MOVE ON TO OTHER PROJECTS

The Lodge is a turnkey B&B with five guest rooms, all with private baths. Owners quarters are on the lower level with a private entrance.
-Average occupancy rate over 45% for last three years! (57% in 2006, and doing very well in 2007)
-One of only two B&B's in walking distance of downtown Gatlinburg!
- Turnkey business in operation for over 14 years!
-Average daily rate of $129 per night! (rates between $99 and $159)
- Excellent reputation; ranked #1 in Tennessee for over 2 years and currently # 1 B&B in Gatlinburg on www.Tripadvisor.com!
- An outstanding website that receive in excess of 6000 visits per month from over 65 domains.
- The property is constantly upgraded and maintained. New carpets 2006, 2 new Carrier HVAC systems 2005, new refrigerator and dishwasher 2005, storm windows 2004, insulation blown into walls 2003, additional landscape lighting 2003, new hot tub 2002, new circuit breaker panel 2001.
- Has owners quarters, off street parking, and room to expand!
-The only Historic B&B inside Gatlinburg, only two in the area!
- Members of the Gatlinburg Chamber of Commerce, Smoky Mountain B&B Association, and PAII.
- Gatlinburg has a great year round climate! The average summertime highs in the 80's and average winter temps in the 40's.
- Occupancy, Income, Expenses, and Web statistics information will be provided to qualified persons.
- Training on all aspects of Inn keeping and website management and design will be provided (if requested), time period is negotiable.
-Selling price is $549,000 turn key. Selling price includes everything you will need to run the business from the day you take possesion.
SEE MORE DETAILS HERE:
http://www.laurelspringslodge.com/bed_and_breakfast_for_sale.htm
 
         
     
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