Location: Wake County, NC
Industry: Bed and Breakfast
Listing ID: 16960040-NI
Listing Status: New
Escape to a world of hospitality and charm with this exceptional Bed and Breakfast nestled in the heart of Wake Forest, NC. A rare opportunity awaits for those seeking a turnkey business with a touch of elegance.
Quaint Accommodations: Welcoming guests with cozy rooms and modern amenities, this B&B provides a home away from home experience.
Scenic Surroundings: Enjoy the serene beauty of the surrounding landscape, creating a tranquil and inviting atmosphere for guests.
Versatile Event Space: The property boasts a versatile event space, perfect for weddings, corporate gatherings, and special occasions. A picturesque setting that adds a touch of magic to every event.
Proven Profitability: With a history of satisfied guests and positive reviews, this B&B has established itself to be a profitable business in the hospitality industry.
Prime Location: Conveniently located in Wake Forest, the B&B attracts visitors seeking a peaceful retreat while still being close to local attractions and amenities.
- 12 Bedrooms
- 10K Square Feet
- Main B&B space + Two Partitioned Wings
- Rolling Courtyard
- Endless Possibilities
The real estate is offered through Exit Business Advisors.
Down Payment: N/A
Total Sales: N/A
Cash Flow: $50,000
Accounts Receivable: N/A
FFE Included: Yes
Year Established: 2017
Year of last Acquisition: 2017
Non-Owner Payroll: N/A
Absentee Owner: No
Real Estate: $1,800,000
Real Estate Included: No
Monthly Rent: N/A
Type of Location: Commercial Real Estate
Square Footage: 10000
Facilities Information: Main space used as bed and breakfast. 2 additional units currently rented as apartments. 3rd level is used as owners quarters/guest space.
Main space used as bed and breakfast. 2 additional units currently rented as apartments. 3rd level is used as owners quarters/guest space.
Reason For Sale: Relocation
Competition: Very little competition with this property.
Very little competition with this property.
Potential Growth: Turn additional spaces into rooms to rent for the bed and breakfast. Or convert to office space which could be used by small businesses.
Turn additional spaces into rooms to rent for the bed and breakfast. Or convert to office space which could be used by small businesses.
Financing/Terms: Owner is willing to seller finance 66.66 percent. 9% interest rate with a term of 15 years maximum
Owner is willing to seller finance 66.66 percent. 9% interest rate with a term of 15 years maximum