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Inn on Crescent Lake Excelsior Springs, Missouri

Excelsior Springs, Missouri

Asking Price: $1,800,000 / Number of Rooms: 10 rooms 1cottage/s

Missouri's Most Romantic Getaway

Property Overview

Known as Kansas City’s Most Romantic Getaway, this historic B&B is located 30 minutes from downtown Kansas City. Attracting guests from a three-hour driving radius, the Inn on Crescent Lake is a regional destination. A stellar list of reviews on Trip Advisor, Google Business and other outlets push the property to the top of audience awareness.

Property Description

The Inn on Crescent Lake is an established 10-room country inn located in historic Excelsior Springs, a resurgent area with three wineries and a blossoming microbrewery industry. The Inn has been updated to provide amenities sought by today’s discerning traveler, including in-room Jacuzzi tubs in many rooms. Options to develop additional revenue streams abound on the 22 acres of property, which includes separate owner’s quarters, a five-bedroom, 3.5-bath home.

Business Description

In addition to appealing to couples seeking a respite from the demands of daily living, the Inn also is an ideal venue for weddings, family reunions, and corporate retreats. The professionally-equipped kitchen offers the opportunity to expand the business scope into catering or a restaurant. Strong weekend occupancy rate (average of 72% over the past seven years, including 79.4% in 2018), with over half of room nights and revenue from out of state. Previous owners operated the first floor as a restaurant. Unlimited development potential for the right owner. Sale price for this turnkey operation includes separate owner’s house (5 BR, 3.5 BA); all furniture, fixtures, equipment, and intellectual properties (social media presence, established reputation, logo, etc.) for business; and two weeks training. Serious inquiries only, please.

Reason for Selling

After many successful years as innkeepers, the owners are moving on to new adventures.