BED AND BREAKFAST FOR SALE

Ann Arbor Bed and Breakfast LLC on the campus of the University of Michigan is for sale (734-224-2212).

There are 11 bright, airy guest rooms with en suite bathrooms, 10-space parking lot (8 covered), a large island kitchen overlooking a park, and sun-filled south-facing living, dining, and deck areas with sweeping views of Power Center, Rackham, Alumni Center, and Burton Tower on the Diag. The house has 6058 square feet under air and a 1680 square foot poured-concrete dry basement.

Ann Arbor Bed and Breakfast LLC owns all of the websites and domain names, existing bookings, business e-mail addresses, guest database, online booking engine, room contents, rollaway beds, folding tables, WiFi and distributed internet equipment, wall projector, business phone numbers, hot tub, internet marketing outposts, and the corporate name plus trademarks on several forms of the B&B name.

12-months through December 31, 2011:

• $151 ADR
• 72% occupancy rate
• $39,595 revenue per room ($356,357/year)
• 5% increase in revenues over prior year

Building expenses are $48,800 for 2010 (click for details).

Each season is bustling and active: revenue is distributed
January-April 29%, May-August 36%, and September-December 35%.

Guests are an eclectic mix of alums, researchers, parents of students and applicants, professionals attending workshops, candidates for advanced degrees, recruiters, guest lecturers, international summer travelers, Art Fairs shoppers, Summer Festival concert goers, fellowship and job applicants, getaway weekend couples, sports enthusiasts, and academics attending conferences. 90% are from outside of Michigan.

Located in a growing county with a low unemployment rate anchored by the largest public research university in America with the 7th largest endowment employing 32,500 people and educating 42,100 students, Ann Arbor has become an entertainment and restaurant destination for 6 million people within a hundred miles.

Walk to Ann Arbor's lively downtown of boutiques, galleries, vintage shops, multiple museums, four micro-breweries, Farmers Market, Hollanders, The Ark, ethnic eateries, and 37 dinner-class restaurants (four of which are Zagat rated), and Zingermans Deli.

Click for larger map