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Hospitality

Inn & Saloon-A piece of History

Boise, ID, USA
Updated 169 days ago

The Purchase Price of $2,995,000 includes finishing Stage 4, which completes the total renovation project. If you want to purchase the Inn and Saloon “As Is” the price is $2,495,000! Currently the Restaurant is closed, and the Saloon is only open for football games or special occasions due to the owner’s time constraints on renovations. They will be open after stage 4 is complete. The legendary Inn was built in 1910 and has charm, appeal, and a personal touch that few hotels can offer. Dates back to prohibition, stories of underground tunnels used for bootlegging, and stories of being a “Cooler Town” for some mafia members under “Heat by the Feds”. -Some locals will look you in the eye and tell you about ghosts dressed in Cowboy gear that still visit the Saloon. -In the 1940’s the Owner put the Steakhouse and Saloon on the map. The food was so good that Cowboys and Ranchers from around the country came to order the required 32 oz. “Cowboy Steak” to get their family cattle brands burnt on the walls onto 6-inch varnished shingles. -In the basement of the Saloon there used to be 2 working bowling lanes for the past customers that used hired hands to replace the pins before automation. -The Inn offers its guests meticulously clean and tastefully decorated studios and suites will all the amenities and conveniences. -Egyptian cotton linen, Turkish cotton towels, and daily housekeeping add to this elegant but home comfy experience. -Plenty of things to do near Saint Anthony: 10,000+ acres of quartz sand for your Quad/ATV excursions, about 25 miles from great fly fishing at Henrys Lake, about 30 miles to Island Park to enjoy river rafting, camping, boating, skiing or hunting and about 80 miles from Yellowstone. -The Hotel is 13,000 sq. ft. on 2 floors with a 4,000 sq. ft. unfinished basement. The Steakhouse is in the Hotel which includes 3 bars, and an event center with a stage (seats 200+). The Saloon is 2,500 sq. ft. with an unfinished 2,000 sq. ft. basement and there is a 1,200 sq. ft. outdoor seating area w/pergola. -The current Owners have been renovating the Hotel and Restaurant since they purchased it 10 years ago. They have done an excellent job restoring the hotel, bringing it back to the vintage look. -The Owners have completed 3 stages and are getting ready to start stage 4, the final completion stage. They have been working around the clock, are burnt out, and have some health issues. -Currently there are 8 renovated rooms with 4 more to be completed in Stage 4. -The Sellers are in the process of preparing an asset list at "Fair Market Value" and updating their financials with their accountant. Prospective Buyers must send in a short resume as well as provide “Proof of Funding”!

Buyer Fee?

No

Franchise?

No

Real Estate?

Yes

Relocatable?

No

Principals Only?

No

Willing To Co-broke?

Yes

Management Will Stay?

Yes

Represented By Broker?

Yes

Financials

Asking Price
$3.0M
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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