Listings / Mystic, CT
Sample listingNAICS 721191SBA 7(a) flaggedSeller financing
Mystic River Inn
Eighteen rooms and a breakfast, with the inn building in the asking price.
Inns and hospitality · New London County · est. 1954
Sample listing. Fictional. Not an offer to sell a real business.
Sample listing. Fictional inn in Mystic. The multiple looks high because the price includes real estate.
- Real estate included
- Eighteen rooms
- Owner apartment
Valuation context
An estimate from the illustrative Inns and hospitality SDE band (Band source: NewHands teaching assumption — illustrative planning range, not a market transaction comp dataset), not an appraisal. Customer concentration was not on the listing, so that adjustment was left at zero.
Low
$742,000
Midpoint
$966,000
High
$1,218,000
Asking price is $484,000 above the midpoint estimate (5.18× trailing SDE).
- Start with the illustrative Inns and hospitality SDE band (NewHands teaching assumption): 2.80× to 4.50×, midpoint 3.60×.
- Apply disclosed adjustments totaling -0.15 to each end of the band, then floor the multiple at 0.80×.
- Multiply seller's discretionary earnings of 280,000 by the adjusted band. That is the business value, not the real estate.
- Real estate is included but no separate value was entered, so it is not in the total. Appraise it apart from the business.