|Price/Rent PSF||$ 1,075,000.00|
|SQ. FT. Available||3,560|
Big Creek Inn is ideally located on a year-round creek at 5,000 feet elevation just 2 miles from the Yosemite National Park South Entrance. Yosemite is a year-round travel destination toured by both foreign and domestic visitors (5.2M last year).
Fully operational cash-flowing 3,560 SF 4-room established Bed and Breakfast with additional 1,000 SF expansion area and 575 SF garage (5,135 SF total) situated on year-round creek. Big Creek Inn Bed & Breakfast offers modern & spacious rooms, while being the closest lodging to destinations. Operated by single operator since 2002, this #1 rated Southern Yosemite B&B has beautifully furnished guest suites each with their own balcony, heating and bathroom with soaking tub priced below replacement cost. Fresh January 2018 kitchen remodel with commercial fridge, quartz countertops, and all new appliances. Ground floor office/retail area for new sales revenue, and 1,000 SF unfinished 3rd floor bonus room for additional rooms or large owners suite. Genuine mountain-experience with wood burning fireplace in living room, hardwood floors throughout and a large deck (w/ table tennis) at back of the property that overlooks creek and expansive meadow. Property includes year-round highway access.
Inn Business Overview:
Consists of everything as a Turn-Key deal including two domain names, operational website, business assets, and online reservation system. 12 KW propane backup generator, satellite TV, wireless internet, two 500 gallon propane tanks, Certified septic tank with back up septic system, 1050 gallon backup utility water tank, and water via Block D water district. Two washer/dryer hook-ups, Trex deck (’02), private balcony with each guest room, metal roof, and an outdoor camera uploading photos every 10 minutes to the website. Innkeeper suite with private entrance, private fenced yard, and detached 2 car garage. Amenities include an expansive deck, and a modern galley kitchen. Reservation system utilizes website for availability and reservations & interfaces with major OTA's. Steadily increasing clientele continue to add a tour of the southern Sierras to their trips to LA, San Diego, San Francisco, Death Valley and Las Vegas. Has become popular with European and Asian travel agencies. Permits in place with zero hassle from requalifying w/ county or health department. Recent remodel includes upgraded Kitchen, water heaters, flat screen TVs, and carpet/ tile.
Revenue Expansion Overview:
As the #1 rated lodging in Southern Yosemite on TripAdvisor and Booking.com, gross revenue has increased over the years and has weathered the recent 2 major fires over the past 2 years. 2015, 2016, and 2017 gross revenues were $171K, $207K, and $182K, respectively. The good-will produced from this well-established business has benefited from the excellent reputation. Benefits for future revenue increase can source from the currently under-utilized physical occupancy (2016 was 753 rented nights out of 1,095 nights per year), additional revenue via retail sales (local crafts and Yosemite products), accepting drive-by reservations, aggressive online marketing, expansion of existing social media marketing, and expansion of the underutilized 1,000 SF 3rd floor (can increase rent-able nights/year from 1,095 to 1,460). See more at:
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