This is a great opportunity buy Boutique Bed and Breakfast Inn in Wilmington!
Overview of Boutique hotel in Wilmington for sale
Boutique Bed & Breakfast in Wilmington for sale is housed in a historic brick structure in Wilmington’s center downtown area, a lively and rapidly rising city in eastern North Carolina. The complex has twelve guest rooms, a breakfast room, a gorgeous vintage sun room, a couple terraces, and plenty of off-street parking, making it unparalleled.
Boutique hotel in Wilmington for sale generates a cashflow that exceeds any purchase mortgage payments, thereby paying for itself and accumulating equity over time. The revenue and cashflow figures shown are for the year 2019. The Inn was shuttered for three months in 2020.
By utilizing the numerous underutilized marketing routes and margin-increasing opportunities, a new management team with experience in the hospitality industry can quickly accomplish considerable profit growth.
In addition, a two-bedroom house with a right of way through the Inn’s parking lot is located at the back of the property. This house would make an excellent owner’s or manager’s quarters. It is being offered separately, with the buyer of the B&B business having first refusal.
You can see more interesting offers in the category “Hotels/Motels/Resorts”.
