Price: $100,000
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.
Key Features:
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
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: N/A
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
Relocatable: No
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.
Reason For Sale: Relocation
Competition: 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.
Financing/Terms: Owner is willing to seller finance 66.66 percent. 9% interest rate with a term of 15 years maximum
