Asking Price: $2,600,000

Gross Revenue: $481,800

Gross Revenue Comments: Pro forma basis

Cash Flow: $236,040

Cash Flow Comments: Pro forma basis

Real Estate: $1,800,000 (Included in Asking Price)

Seller Financing: Seller will finance $1.6 at 9% for 10 years with interest only payments.

Here is your chance to live in and operate one of the most prominent bed and breakfast in Central Texas. The buyer has many options to arrange the facilities to blend his living conditions with the business, which can comfortably yield 5 suites and 3 rooms with little modification, resulting in an annual cash flow of $146,040 and owner benefits of $90,000 for a total of $236,040. Located within walking distance of a university, this historic facility includes two lots and three plus buildings nestled among beautiful and peaceful gardens, and offers 8 tastefully decorated guest rooms and a dining area.

Year Established: 1989

Home Based: Yes

Facilities: The property encompasses two lots with approximately 22,000 sq. ft. of land. One lot includes the main house and a large cottage. The adjacent property contains a breakfast area and two rooms with adjoining common sitting area.

Market Outlook and Competition: This business has been operated to coincide with family vacations, events and privacy and enjoys a great reputation. The bed and breakfast industry may benefit from a growing number of retirees and business travelers looking for a more comfortable alternative to hotels. A long term increase in fuel prices may hamper travel and occupancy rates.

Management Training and Support: Two weeks of training will be provided at 40 hours per week

Reason For Selling: Family reasons