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Journey Inn Bed and Breakfast is a Hudson Valley, NY bed and breakfast for sale located in Hyde Park, New York. In the heart of a premier travel market, it is one of the Hudson Valley's most successful bed and breakfast inns. Here is a wonderful opportunity to purchase a profitable bed and breakfast inn in an outstanding location, with excellent prospects for future growth.

The advantages of Journey Inn's location cannot be overstated. This New York inn for sale is located in an area that offers a wealth of activities and attractions for your guests. Gateway to the Great Estates Region, Hyde Park is an international destination in its own right. The Franklin and Eleanor Roosevelt National Historic sites and the world-famous Culinary Institute of America are 5 minutes from the Inn's door. Journey Inn is directly across the street from the Vanderbilt Mansion Historic Site. Guests of the Inn often stroll the 211 acres of the Vanderbilt Estate before breakfast, enjoying sweeping views of the Hudson River. All the Hudson Valley's most important attractions are minutes away - historic sites, scenic park trails, museums, cultural offerings, and abundant gourmet venues. (See the Inn's extensive listings of Hudson Valley attractions.)

The Property
In a neighborhood of Great Estates, Journey Inn Bed and Breakfast was built as a private residence in the 1960s, on land that was once part of the neighboring Vanderbilt Estate. A long shady driveway leads to the Inn, which is settled on 2.6 acres of gardens, lawns, and woods, set well back from the road. The 5 guest rooms and 2 guest suites vary in size and configuration, and the theme is cosmopolitan. Room decor is inspired by world travel and regional history.

Since opening in 1997, owners Diane DiNapoli and Michele DiNapoli have made smart, purposeful renovations. Breakfast and tea service is handled with ease thanks to the lovely open-plan design and flow of the Morning Room, Butler's Pantry, and guest Sitting Room. Uncommonly large public rooms feature working fireplaces and comfortable furnishings that create a warm, airy atmosphere.

The Owners' spacious ground floor apartment has a private outside entrance and includes a bedroom, sitting room, bathroom, powder room, and living room. It is conveniently separated from the public rooms by the large eat-in kitchen. The kitchen is the Innkeepers' domain and command center and features a commercial range, ample storage, and the reservations desk.

Importantly, this 5,000-square-foot building is in absolutely top condition. Maintenance is impeccable. All the behind-the-scenes mechanical systems are up to date and include central air conditioning, a 7-zone heating system, public water, a landscape irrigation system, and a hard-wired fire alarm system.

The Business
Journey Inn has a long history of success. The owners have created a hospitality business with great recognition, excellent ratings, and a solid financial foundation. Sales exceeded $228,000 in 2010 and occupancy was 53%. The reasonable price of $1,360,000 is based on current market value and actual (not projected) business activity. The real estate, business, and inventory of furnishings and equipment are included in the sale.

The Future
Can business improve at Journey Inn? Absolutely. Tech-savvy marketing will make an immediate impact. Targeted room improvements will move Journey Inn guest rooms to luxury level and higher rates. With the strong current occupancy rates, the addition of another suite (allowed under the current Inn's permit) will automatically increase sales. We have other suggestions for the future of this outstanding property. To fully appreciate the value and potential of this New York Bed and Breakfast for sale, you should visit soon.
Contact Eliot for more information. He would be happy to talk with you!