The Claremont Inn
Inn For Sale
1,295,000
The Claremont Inn a true Country Inn located on the rolling plains of Eastern Colorado just two hours from Denver, Denver International Airport and Colorado Springs is now being offered for sale. The Claremont Inn is situated in the safe and serene community of Stratton, Colorado a small town of 650 residents adjacent to Interstate 70 and is truly a one-of-a-kind property between Kansas City and Denver.
The Claremont Inn has operated continuously for the past 14 years as an upscale Country Inn offering Dinner, Bed & Breakfast and variety of special events and functions. The business has enjoyed steady growth and has a stable client base of repeat customers.
Facts about the property:
The fully furnished main house is over 12,000 square feet with 10 fully appointed guest rooms, large common areas for special events and guest enjoyment and a 1200 square foot owners unit.
The property has a commercially licensed restaurant kitchen and full Hotel/Restaurant Liquor License.
The
grounds include two city blocks (five acres +/- ) with city water & sewer
service, natural gas & electric utilities.
Over 300 trees grace the fenced property offering year round color and privacy.
There are numerous areas for expansion
including two potential residential building lots on the west end of the
property. 
There are large paved driveways and parking areas for guest and special event parking.
The entire parcel is zoned commercial and easily adapted to expansion or additional business uses all visible from Interstate 70.
Interstate 70 annual traffic count is 12,000 vehicle per day annual average.
Facts about the business:
The business is derived from a mix of leisure travelers (70%), commercial travelers (15%), and special events (15%).
Special events include weddings, family gatherings, cooking weekends, murder mystery weekends and business functions.
Annual Sales: $220,000 240,000
Operating Profit: $105,000 125,000
Marketing and Business Strategy:
The Claremont Inn is visible from Interstate 70 and generates its primary business from guests traveling to and from Colorado vacation destinations.
While word of mouth is a big part of the marketing plan a website with online reservations capability and gift certificate sales, highway billboards,
internet pay-per-click advertising and direct mail newsletters and postcards are all part of the overall marketing campaign.
Highway billboards and other marketing
events are paid for by the city lodgers tax (3%of sales) collected by the
lodging and campground facilities in the town. 
The current owners only offer dinner for overnight guests and special events.
A new owner could expand this to offer restaurant services to the public as all equipment
and licensing are in place and are part of the offering.
Banquet tables, chairs, linens and table service for 80 are included. Also included are silk wedding florals and extensive holiday decorations.
Reason for Sale:
The current owner designed and built this property and has operated it continuously since opening in 1995
and is now ready to move on to another project already acquired in another state.
Terms:
Offering price: $1,295,000
Terms: Cash, cash to new loan
Local bank financing is available for a qualified buyer 70% loan to value.
The seller will be available for training and to facilitate a smooth transition for up to14 days after closing - if requested
Broker Participation:
The seller is offering a 3% selling brokerage fee.
CALL 1-888-291-8910
and ask for
David or Harry to discuss this exquisite property
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