B&B Online Home | Inns for Sale | Alaska B&B Inns for Sale | Pearson's Pond Luxury Inn and Adventure Spa

Offering: $ 1,799,000 (MAI appraised value) to qualified buyers with cash or bank financing.  An excellent investment for a strong business with room to grow.  Income capitalization value @ 11% is $2,425,767. Hard asset/real estate value about $1,375,000, balance is highly successful business value.  Offered Turnkey with furnishings, fixtures, inventory, existing reservations (less service commissions), tour and supplier contracts, client list, media contacts, websites, professional photography, quality assurance specifications, specific training.

 

Revenue:  Sales from all divisions and packages continue to grow annually. Gross sales in 2008 were $ 583,616, compared to $ 581,159 and $ 552,364 for 2007 and 2006, respectively. Room sales at Inn have risen 22% since 2006, at least partially reflective of the Inn's award and status as Alaska's only AAA Four Diamond and Select Registry property beginning in 2007. Bookings and revenues continue to be strong for 2009.

 

cash flows and net operating income: Cash flows surge during summer season but are strong year round with advance booking deposits. Net operating income in 2008 was $ 315,000, an approximate increase of 11% over 2007 ($284,000), and nearly 33% greater than 2006 ($236,430). Average five-years net operating income through 2008:  $ 245,625. "Net operating income" computed after taking into account all expenses, including housekeeping, maintenance and inn keeping costs.

 

Inn Location: Juneau, Alaska’s capital city, and major tourism destination. The Inn is in a semi-rural area, adjacent to a river walk greenbelt trail, Tongass National Forest Recreation area, lakes, trail system, and bike paths to the glacier.