Midwest folks are hardy souls, built to last. Midwesterners embrace their four distinct seasons. Winters are embraced, like really embraced, with so many winter activities to choose from. Plus Midwesterners are die-hard sports fans. If you have ever seen fans tailgating in single digit temps, you know what I’m sayin’. Leaving winter behind, blissful beauty arrives in spring and summer and is intensely appreciated. Minnesota and especially Duluth has been tagged as the ‘Outdoor Capital of the Midwest.’
The Midwest is also a strong and hardy place for business.
Minnesota. “The North Star State’s economy shines, with major industry sectors in bioscience, healthcare services, advanced manufacturing and finance. The state is home to 17 Fortune 500 companies, including General Mills, 3M, Target, Medtronic, Best Buy, US Bancorp and Land O’ Lakes.”
Must add one more business, a B&B industry favorite, Deneen Pottery located in St. Paul. Four decades strong and hardy. This family run business has; “…faced head-on the extraordinary highs and lows of running a small business. However, producing superior quality hand-thrown stoneware remains the hallmark of our company.” Strong and hardy mugs they are!
Business is also strong and hardy at the A.G. Thomson House in Duluth.
The business at this Duluth Minnesota B&B for sale is solid, with a gross revenue multiplier of 4.9 and a cap rate of nearly 9%, making this B&B very viable financially.
The A.G. Thomson building is an American beauty. A classic picture-perfect Dutch Colonial Revival built in 1909. Houses in the Midwest were built to last and current owners have maintained the building’s integrity as well as built the business and maintained its’ reputation for excellence.
Rated the Top-Rated B&B in Minnesota, United States and the world! by Trip Advisor. The accolades go on and on but the best come from the guests who experience the inn’s magic. A favorite is the A. G. Thomson’s wide front veranda overlooking the property’s two acres.
“The grounds are amazing – many charming seating areas and water features to make you really feel like you’re ‘away from it all’.”
“The inn and grounds are beautiful and immaculate. The area is full of incredible homes to drool over.”
“The patio out front was bursting with amazing, pretty potted flowers. Also loved walking the neighborhood with its’ huge historical homes.”
Now the A.G. Thomson House, Duluth Minnesota B&B for sale, is ready to pass the keys to new owners. A strong and hardy year round business in a spectacular Midwest destination city. Read for yourself ‘Why Duluth, MN is a Great Place to Live’. The B&B Team can guide you through the process of purchasing this spectacular property. Give us a call.
Thanks for Listening,