Elm Creek Manor - Top Ten Culinary Inn in the World!

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Financial Highlights
Asking Price
$1,350,000
Revenue
$450,000
Business Description

Incredible...$200,000+ in profit a year and closed 6 months out of the year while owners travel! 170 people on the wait list in 2021 with an average client ticket of $1,100.00. Lost revenue in 2021 due to owners travel was a minimum of $187,000.00. With the flip of a switch and opening up year round the revenue will grow immediately. Fantastic opportunity for new owner. Elegant country manor/inn on 14 rolling acres nestled near two creeks. Currently being used as a commercial Inn. 6 private guest cottages exquisitely decorated with antique furnishings in old-world European-inspired themes. 3-story main lodge with historical architecture including 500-year-old doors from a Tuscan villa and 300-year-old stained glass windows from an English church throughout. Stunning dining room with grand fireplace seats up to 22. Gourmet kitchen. Library features ornate fireplace, wet bar and large windows with spectacular views. 2nd story bedroom and bathroom with spacious living room and office. 3rd floor bedroom and bath. Luxury whirlpool spa + infrared sauna. Terraced courtyard leads to pristine outdoor pool. Accommodates 18-20. Inn comes furnished. Ask agent for furnishing exclusions. Inn is turnkey and ready for a new inn keeper/owner to continue the 5 star tradition of Elm Creek. Awarded numerous accolades. One of the top 10 culinary Inns in the world. Conveniently located on the outskirts of a small German town offering unique shopping, food and four nearby vineyards. Approx. 1 hour north of DFW Airport. Gated property entrance. Greenhouse, beautifully manicured pocket gardens, multiple porches and sitting areas, and outdoor game area. Currently on pace to bring in over 450K in revenue. Currenlty configured as Manor where owner lives and 5 guest cottages. A value add for this property would be transforming it into a 6 or 7 cottage property with minimal investment. Projected revenue based upon this year for a 6 room in projects to bring in 480K. A 7 room inn projects to bring in 580K in revenue. Property has 14+ acres and can easily accommodate more cabins. Owner willing to finance Property with 1.7M Down and owner carry 1.95M@ 4.5% interest Owner also willing to sell the business at 1.3M and then lease the property for 6K a month on a 2 year lease. Location: Muenster, Texas Year Established: 2004 Number of Employees: 3 Home Based: Yes Real Estate: Owned Building Sq. Ft.: 7,500 Facilities: Manor House and 4 cabins Website: www.elmcreekforsale.com Market Outlook/ Competition: Inn currently has fantastic ratings and the business boasts impeccable good will. Owners have worked hard to maintain it's reputation and service the guest in a way fitting of luxurious accommodations. Growth & Expansion: Business is currently being operated Part time as owners have the inn closed on average 190 days a year. Inn has a 95% occupancy rate and has a waiting list. This is a great opportunity for an experienced Inn Keeper or investor that wants to keep the inn open year round. Current owners are semi retired. Property has over 14 acres and there is ample room to add more cabins as needed. Also owners currently live on the property and take up would could easily equate to 2 cabins for themselves. New buyer can increase revenue by offering those rooms and the master/suite as well.

Business Details
Industry:
Travel
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 7, 2022

Updated: 8 hours ago

Views: 13

Favorites: 0