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Hotel & Restaurant 2min from the Beach

Location: Carolina Beach

ID: (#201077)

201077
Price:$9,000,000
Revenue:$3,500,000
Cash Flow:$700,000
FF&E (Assets):$160,000
Inventory:$12,000
Real Estate:$7,500,000

Overview

61 room hotel with pool, ample parking and adjacent bar & restaurant with outdoor space, corn hole, volley ball and more.
Fully operational. Management in place. Includes all real estate.

Offered for sale in cooperation with Maus, Warwick, Matthews & Co, commercial real estate agency.

Details

Reason for Selling:

Retirement

Established:

2011

Employees:

20

Furniture, Fixtures, and Equipment (FF&E):

All real estate, trade fixtures, of both the hotel and restaurant included. All hotel rooms are fully furnished. Exact square footage of buildings to be confirmed by buyer.

Facilities:

Included.

Inventory:

Inventory in stock at usual levels, depending on season, included in the sale.

Competition:

Highly desirable location in an increasingly growing tourist/beach destination.

Opportunities for Growth:

Hotel has not been operated at its full potential the last couple of years which provides ample opportunity for growth.

Support and Training

Management in place. Owner will be available for any required transition support, subject to negotiation.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (910) 623 9033 Fax
  • Appointment Only:
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486