An Exceptional Opportunity
Greenwoods Bed and Breakfast Inn is a successful business with a strong, long-standing reputation for excellence and with much potential for further growth. Total revenue during our first full year as innkeepers was 37% above the average revenue for the three prior years. July and August of 2019 each brought in significantly higher income than any corresponding months in the inn's history.
Greenwoods is well positioned for success for several reasons, some of which have been mentioned on other pages. Competition in the immediate area is minimal, location is ideal for many travelers to the region, and the physical grounds and property are in excellent condition. Most B&Bs for sale are advertised as "turn-key" but not all of them are! The total renovation of Greenwoods Inn and the updated business systems make it a truly turn-key opportunity.
Who comes to Greenwoods? Well... there is no dominant demographic, which is good for business stability, but here are some of the folks who most frequently show up at our door:
Romance travelers; couples from near and far who are looking to reconnect in a quiet, beautiful place.
Wine enthusiasts, as well as those visiting breweries and distilleries
Family and friends of owners of the 900 small cottages around Honeoye Lake
Students of Philippe Faraut, a renowned French Sculptor based in Honeoye
Outdoor enthusiasts here for hiking, skiing, bicycling, boating, fishing, birding, ziplining, etc. etc.
Wedding guests at the many nearby event venues
Concert-goers at CMAC in Canandaigua
Parents of students at local colleges
And those just passing through!
Many guests have been returning to Greenwoods year after year for more than a decade.
We have have been largely focused on renovations and have not fully explored the potential for filling rooms during times of the year that are traditionally slower. Possibilities include retreats (yoga, writing, painting, spiritual, etc.), murder mystery weekends, small weddings, cooking weekends, etc. The sky is really the limit, and persons who are good with marketing (or just good at hiring someone to do that) could have a blast figuring out what's possible!
Greenwoods B&B exemplifies the category of "lifestyle inn." We have loved how the business covers our living costs and allows us to reside in a beautiful home while engaging in meaningful work. With modest additional retirement income and the business deductions allowed by the IRS (resulting in virtually no income tax paid), we have been able to live very comfortably and enjoy extensive travel during the quieter seasons at the inn. A great life!