Black Station Inn – Pioneer, CA
August 25, 2019
Pioneer, CA Offered for sale at $629,000
This property/business is a lot more than just a B & B. It includes a Full Restaurant (we have run it as a dinner steak house), Full Bar, all located next door in a separate 3000 square foot building. Seating for up to 60 plus people. Bar has seating for 10 and a large dance floor. The Cabin/Lodge next door has 4 room rentals, all with bathrooms, and a full kitchen and common room with a wood burning stove, large screen TV, with 100 movies to view. The lodge is 2000 square feet. In reality this property includes 2 buildings & 3 businesses for income. Room rentals, Restaurant sales, & Bar sales. The sale price includes both properties & the business including the type 47 liquor license (there are no more liquor licenses available in the county). Our first year of business from October 1st – September 31st we did 100,519.07 in food/liquor sales & $53,190.68 in room sales. We have always only been open for dinner 5 nights a week from 4-8pm. Bar has plenty of room to grow for someone that wants to be open later (Live music on the weekends?). Restaurant has plenty of room to grow for someone that wants to do breakfast & lunch.
We have always run this business with just the two of us and no employees. We did the amount of business we wanted to do for our lifestyle. Without the overhead of any labor it has been profitable. Many B & Bs can’t do that without 12-14 rooms. Won’t say it isn’t a lot of work and having turned 65 last year it is time for us to move on. Please feel free to give us a call or email if you have questions.
- Offered for sale at $629,000
- Occupancy Rate: 50%
- Average Daily Rate: 94.00
- Annual revenue is $150,000
- Terms: Possible partial owner financing to qualified candidate with a substantial down payment