hospitality for sale...should conduct your own investigation of the property and transaction. jared...
TRANSCRIPT
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
PROPERTY FEATURES#1 Rated Lodging In Southern Yosemite
Year-Round Guest Access
2016 Gross Revenue @ $207K
Revenue For 2016 is Double 2006
Located 2 Miles From Yosemite South Entrance
Fully Remodeled w/ First Class Finishings
Private Lodging For InnKeeper Onsite
Fully Furnished Guest Rooms w/ Private Baths/Balconys
Water Filtration System Upgraded
Ample Deck Space, Laundry Room, and Breakfast Room
Ample Guest & RV Parking Available
Great SBA Candidate – Only 10% Down!
REAL ESTATE PRICE: $875,000 ($245/SF)
BUSINESS PRICE: $200,000
TOTAL ASKING PRICE: $1,075,000
CAP RATE: 9.08%
LOT SIZE: 0.38 Acres
APN: 010-372-0070
BUILDING SIZE: 3,560 SF
2016 GROSS REVENUE (MOTEL ONLY):$206,253
2016 GROSS PROFIT (MOTEL ONLY): $97,602
SUB MARKET:CA-41 South
Yosemite
CROSS STREETS: Fir Street
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
PROPERTY HIGHLIGHTS• Fully operational, revenue-generating Bed and Breakfast Inn located 2 miles from the south entrance to YosemiteNational Park in Fish Camp CA. At an elevation of 5000 feet, summers are warm and dry and snowy winters offer a varietyof outdoor activities for year-round lodging sales.• Rated #1 B&B lodging in Southern Yosemite by both TripAdvisor and Booking.com. Established and operated by soleproprietor since 2002 who is now planning for full retirement.• Year-round highway access with guaranteed drive-by traffic. Peak traffic at Yosemite’s Highway 41 entrance is 510vehicles/hour* (*per CalTrans Traffic Volumes report).• Three fully furnished second-floor guest suites, each with a private balcony offering unobstructed meadow/creek views,guest-regulated heating and private full-size bathroom with soaking tub/shower. Common walls between guest rooms aresound-proofed. Two rooms offer gas fireplaces.• Innkeeper suite on ground floor with private entrance, fenced yard and bathroom with soaking tub/shower. Ground floorliving area can be closed and secured for innkeeper privacy.• 3,560 SF living space plus 1,000 SF 3rd floor expansion area and 575 SF detatched garage (5,135 SF total).• Fully remodeled (2018) galley-style kitchen with commercial fridge, quartz countertops, and new LP gas appliances.• Ground floor office may be used as retail area for new sales revenue.• Hardwood floors throughout, wood burning fireplace in living room and expansive deck off dining room that overlooksyear-round creek and wetland meadow.• Outdoor camera uploads photos of Big Creek Meadow every 10 minutes to the B&B website and is used by governmentagencies, news organizations and guests world-wide.• This property offers realistic potential for increased revenue from in-demand but under-utilized occupancy, moreaggressive online marketing and expansion of existing social media. New revenue via retail sales (Big Creek Inn andYosemite products) and build-out of the vacant 1,000 SF 3rd floor. High gross revenue was $207K with only 753/1098room nights booked for an ADR of $275.• Turn-Key operation includes two domain names (BigCreekInn.com and YosemiteInn.com) for existing website,furnishings and other business assets. Equipped for year-round operation with 12 KW propane backup generator, two 500gallon propane tanks, commercial water heater system, certified septic system with backup system and 1050 gallonbackup utility water tank. No deferred maintenance.• Permits in place with zero hassle for re-qualifying with county or health department.
PROPERTY OVERVIEWFully operational cash-flowing 3,560 SF 4-room establishedBed and Breakfast with additional 1,000 SF expansion areaand 575 SF garage (5,135 SF total) situated on year-roundcreek. Big Creek Inn Bed & Breakfast offers modern &spacious rooms, while being the closest lodging todestinations. Operated by single operator since 2002, this #1rated Southern Yosemite B&B has beautifully furnished guestsuites each with their own balcony, heating and bathroomwith soaking tub priced below replacement cost. FreshJanuary 2018 kitchen remodel with commercial fridge, quartzcountertops, and all new appliances. Ground floor office/retail area for new sales revenue, and 1,000 SF unfinished3rd floor bonus room for additional rooms or large ownerssuite. Genuine mountain-experience with wood burningfireplace in living room, hardwood floors throughout and alarge deck (w/ table tennis) at back of the property thatoverlooks creek and expansive meadow. Property includesyear-round highway access.
INN BUSINESS OVERVIEWConsists of everything as a Turn-Key deal including twodomain names, operational website, business assets, andonline reservation system. 12 KW propane backupgenerator, satellite TV, wireless internet, two 500 gallonpropane tanks, Certified septic tank with back up septicsystem, 1050 gallon backup utility water tank, and water viaBlock D water district. Two washer/dryer hook-ups, Trexdeck (’02), private balcony with each guest room, metal roof,and an outdoor camera uploading photos every 10 minutesto the website. Innkeeper suite with private entrance, privatefenced yard, and detached 2 car garage. Amenities includean expansive deck, and a modern galley kitchen.Reservation system utilizes website for availability andreservations & interfaces with major OTA's. Steadilyincreasing clientele continue to add a tour of the southernSierras to their trips to LA, San Diego, San Francisco, DeathValley and Las Vegas. Has become popular with Europeanand Asian travel agencies. Permits in place with zero hasslefrom requalifying w/ county or health department. Recentremodel includes upgraded Kitchen, water heaters, flatscreen TVs, and carpet/ tile.
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
REVENUE EXPANSION OVERVIEW:As the #1 rated lodging in Southern Yosemite on TripAdvisorand Booking.com, gross revenue has increased over theyears and has weathered the recent 2 major fires over thepast 2 years. 2015, 2016, and 2017 gross revenues were$171K, $207K, and $182K, respectively. The good-willproduced from this well-established business has benefitedfrom the excellent reputation. Benefits for future revenueincrease can source from the currently under-utilizedphysical occupancy (2016 was 73% occupancy -- 753rented nights out of 1,095 nights per year), additionalrevenue via retail sales (local crafts and Yosemite products),accepting drive-by reservations, aggressive onlinemarketing, expansion of existing social media marketing, andexpansion of the underutilized 1,000 SF 3rd floor (canincrease rentable nights/year from 1,095 to 1,460). See moreat:www.YosemiteInn.com
LOCATION OVERVIEW:Big Creek Inn is ideally located on a year-round creek at5,000 feet elevation just 2 miles from the Yosemite NationalPark South Entrance. Yosemite is a year-round traveldestination toured by both foreign and domestic visitors(5.2M last year).
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
QUEEN GUEST ROOM QUEEN GUEST BATHROOM
2 DOUBLE BED GUEST ROOM
KING GUEST BATHROOMKING GUEST ROOM
2 DOUBLE BED GUEST ROOM
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
GUEST COMMON AREA GUEST COMMON AREA
PRIVATE BALCONY (EACH GUEST ROOM)
YOSEMITE WATERFALLYOSEMITE VIEW
PRIVATE BALCONY (EACH GUEST ROOM)
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
FISH CAMP PONDNEARBY YOSEMITE (ORGANIZED SPECIAL EVENTS)
EXTERIOR DECK/VIEW OF RIVER
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
1221 Highway 41
1221 Highway 41, Fish Camp, CA 93623
FULLY OPERATIONAL 4-ROOM ESTABLISHED BED & BREAKFAST
HOSPITALITY FOR SALE
Each Office Independently Owned and Operated CentralCaCommercial.com
KW COMMERCIAL559.302.8698
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JARED ENNISExecutive Vice President0: 559.302.8698C: [email protected] DRE #01945284
KEVIN LANDExecutive Managing DirectorO: 559.359.4035C: [email protected] DRE #01516541