Splendor Inn Bed & Breakfast
Norwich, NY
Offered for sale at $375,000
The Splendor Inn is a six guest room bed and breakfast located close to downtown Norwich in Upstate New York. Current owners Ann and Chris are retiring after eight very enjoyable and successful years.
The Splendor Inn is being offered as a truly turnkey property, with everything from furniture, linens and silverware, to credit card machine and bookkeeping software; the owners are even offering a one week handover to get you up and running.
In addition to the guest rooms, the bed and breakfast features a large finished basement with owner quarters comprising a large bedroom, en-suite bathroom, a large family room and a further half bathroom.
The Splendor Inn also features an English-style Tea Room, which is also included in the sale.
The current owners have made various investments and upgrades over the years, including a kitchen remodel (2019) and a new driveway (2022). The exterior of the house was painted during 2023 and 2024.
The Splendor Inn is the highest ranked lodging establishment in the Norwich area, and has won various awards in recent years from TripAdvisor, Booking.com, Yelp and Airbnb.
Property Details- 6 Guest Rooms
- 4 Guest Room Baths
- Has Owner's Quarters
- Built in 1870
- Last Renovated in 2024
- Opened in 2002
- Building is 4,700 SQFT
- Lot is 0.3 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $375,000
- Occupancy Rate: 38%
- Average Daily Rate: $108
- Annual revenue is $102,828
- Terms: Total revenue also includes Tea Room sales, cancelation fees, etc
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