Offering Circular

Connecticut River Valley
Full Service Inn

This is a celebrated Inn, well-known for many years as one of the premiere properties in New England.  It not only maintains a strong reputation with the public, but has also received high praise from both regional and National press.  It has a four-diamond and a Wine Spectator award winning restaurant, and membership in some of the more prestigious associations in the country. 

Over the past five years, the rooms have been upgraded, the dining room concept revamped (which has had a tremendous positive effect) and all the Inn's systems have been upgraded, including installing state of the art POS and reservation software systems.  

The Inn has a strong location, near the Long Island Sound and close to the essential historic towns of the Connecticut River Valley.   It is only half an hour’s drive from New Haven and two hours from both New York and Boston.   The Inn is far enough away to offer a true getaway and yet close enough to provide easy access to all of what New England has to offer; the coast, historic towns and villages and the mountains.  But despite its close proximity to popular traveler destinations and active highways the Inn is also surrounded by winding back roads and quiet New England countryside.   

The guest rooms are housed in two separate buildings.  Many of them have upgraded and include fireplaces, luxurious baths and private decks.  The rooms are all spacious and well appointed.  All the rooms offer queen or king size beds and include TV’s, telephones, in-room heat and AC controls, luxurious linens and high-end amenities.

The grounds are spacious and the Inn, while easily accessible from the road, is also set back on seven wooded acres.  The grounds provide additional opportunity for growth, including an expansion of the Inn which has already been investigated.  In addition, there is further potential for a larger lawn area and landscaped gardens, which will continue to attract the already active market for upscale function/wedding business at the Inn. 

The Dining business is a strong part of the current business.  Both dining rooms have been redone to reflect the elegant charm of the Inn and the contemporary style of food.  The restaurant has received significant acclaim as it has grown in recent years and marketing efforts have focused primarily on the restaurant.  Restaurant revenue has increased significantly and continues to grow.  The restaurant contribution to the bottom line should be considerable this year and even better in 2008.  As for the rooms, despite a decent occupancy over the past three years, there is room for growth in the room business.  The rooms have been consistently updated physically, but a strong marketing effort focused on room sales would further grow this aspect of the business.   

This Inn is a premiere property in Connecticut.  With the 24 room Mayflower Inn in Washington, Connecticut, selling to the American Property Management Company for a reported $66M,  this Inn is a veritable bargain.   It is consistently considered in the top ten in service and food, and both of these ratings are higher than those of the famed Mayflower Inn.   In addition, the Restaurant was rated as one of America’s “Top 100 Hotel Restaurants” in a USA Today/Zagat poll last year and it has been selected as “Best Country Inn” by the readers of a well-known regional magazine for the past three years.  

This currently profitable business opportunity, at a price of $4.7 Million, is appropriate for either an owner operator(s) or as an investment project, with potential for growth in its current form or expansion as a larger property. 

This property is for sale by owner, but Hiler Hospitality is pleased to be able to assist the owners with the transaction.  Please contact Hiler Hospitality for more information at 802-451-1934 or David@HilerHospitality.com