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Available For Sale - Hospitality

14,362 SF | Show Pricing $

AVAILABILITY DETAILS

Size
14,362 SF
Price/SF
Show Pricing $
Listing ID
SA427519
Notes
Fully operational cash-flowing 14,362 SF 15-Room Established Water Front Hotel With Restaurant/Bar Lounge and Event Space, situated on year-round Stanislaus River. Strawberry Inn Hotel offers spacious rooms, while being the closest lodging to nearby destinations such as Dodge Ridge Ski Park, Leland High Sierra Snowplay, and Long Barn Lodge Ice Rink. Operated by single operator since 2002, this #1 rated Hotel has beautifully furnished guest suites with a Genuine mountain-experience with heating and private bathroom in each room. There are 2 gazebos that you can dine is as well or have a private party or wedding/corporate event. Strawberry Inn is the #1 choice for Weddings, as well as on-location filming accommodations, reunions, anniversaries, birthdays, retreats, and small business conferences. Gazebo overlooks the Stanislaus River and provides a world class venue for any important occasion. The Strawberry Inn and its surrounding grounds provide the perfect location for a small party or large gathering. Property includes year-round highway access to CA-108.



Inn Business Overview:

Consists of everything as a Turn-Key deal including: 3-story main building with 15 guest rooms, a full bar with liquor license, very busy restaurant, 2 gazebos, wedding and banquet areas and a separate 4 bedroom 3 bath home with garage. it also includes the domain name, operational website, business assets, and online reservation system. 12 KW propane backup generator, satellite TV, wireless internet, two 500 gallon propane tanks, metal roof. Amenities include an expansive deck, and a modern galley kitchen. Reservation system utilizes website for availability and reservations. Perfect opportunity for a family run business. Would be best as an owner-operator with restaurant experience, someone who enjoys the mountains and the outdoors. This unique property has been a strong performer and has many benefits of ownership that are not usually seen within the hotel business. Steadily increasing clientele continue to add a tour of the Sierras to their trips to the Bay Area, LA, San Diego, San Francisco, Death Valley and Las Vegas, and has become popular with European and Asian travel agencies.



Revenue Expansion Overview:

As the #1 rated lodging in the Sierra Nevada Mountains on TripAdvisor and Booking.com, gross revenue has increased over the years and has weathered the recent major fires over the past 2 years. 2018 and 2019 gross revenues were $836K, $1 Million, respectively. The good-will produced from this well-established business has benefited from the excellent reputation, accepting drive-by reservations, aggressive online marketing, expansion of existing social media and marketing. This unique property has been a strong performer and has many benefits of ownership that are not usually seen within the hotel business.
Uses
Hospitality

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jared Ennis, Central CA Commercial
BRE# 01945284