for sale $2,499,000 the inner banks inn · for sale $2,499,000 coastal north carolina at its...

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THE INNER BANKS INN —— - EDENTON, NORTH CAROLINA —— For Sale $2,499,000 Coastal North Carolina at its Finest, A Select Registry Full Service Inn on North Carolina s Inner Banks ABOUT THE PROPERTY BUSINESS HIGHLIGHTS There are B&Bs and Country Inns, and then there is the Inner Banks Inn. This Coastal Carolina B&B nestled in one of Americas prettiest towns,Edenton, North Carolina is a Select Registry Inn and known for its comfortable and diverse accommodations, award winning food, spectacular events & superb service. The Inn features 20 guest rooms in four distinctively different houses; a Victorian mansion, Greek revival home, converted tobacco Packbarn and a coastal cottage. The popular dining venue, The Table at Inner Banksrestaurant, located in the converted & expanded carriage house, is an award winning f&b operation with a profitable and flexible venue booking model and delivers food and beverage revenue that makes sense. Excellent financials State of the art infrastructural systems, marketing & review tools Great location Select Registry Inn On Site Venues, Restaurant and In Room Spa Services Very private owners quarters options

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Page 1: For Sale $2,499,000 THE INNER BANKS INN · For Sale $2,499,000 Coastal North Carolina at its Finest, A Select Registry Full Service Inn on North Carolina’s Inner Banks ABOUT THE

THE INNER BANKS INN ——- EDENTON, NORTH CAROLINA ——

For Sale $2,499,000

Coastal North Carolina at its Finest,

A Select Registry Full Service Inn

on North Carolina’s Inner Banks

ABOUT THE PROPERTY

BUSINESS HIGHLIGHTS

There are B&B’s and Country Inns, and then there is

the Inner Banks Inn. This Coastal Carolina B&B

nestled in “one of America’s prettiest towns,”

Edenton, North Carolina is a Select Registry Inn and

known for its comfortable and diverse

accommodations, award winning food, spectacular

events & superb service. The Inn features 20 guest

rooms in four distinctively different houses; a

Victorian mansion, Greek revival home, converted

tobacco “Pack” barn and a coastal cottage. The

popular dining venue, “The Table at Inner Banks”

restaurant, located in the converted & expanded

carriage house, is an award winning f&b operation

with a profitable and flexible venue booking model

and delivers food and beverage revenue that makes

sense.

• Excellent financials

• State of the art infrastructural systems, marketing & review tools

• Great location

• Select Registry Inn

• On Site Venues, Restaurant and In Room Spa Services

• Very private owner’s quarters options

Page 2: For Sale $2,499,000 THE INNER BANKS INN · For Sale $2,499,000 Coastal North Carolina at its Finest, A Select Registry Full Service Inn on North Carolina’s Inner Banks ABOUT THE

GETTING TO KNOW... Also known as “One of America’s

Prettiest Small Towns.” Edenton,

North Carolina is a pristine and

historic town, a prime location just

one hour from the Norfolk/

Virginia Beach metropolitan area

to the south and the world famous

Outer Banks beaches to the east.

A quiet and hidden gem on the

Albemarle Sound in Chowan

County, the Inner Banks area is

quickly becoming a destination for

people wanting to get away from

the crowds of the Outer Banks of

North Carolina. Whether guests

visit for the history, a quiet

getaway, or on their way to

another destination they will be

met with a number of fun things to

do in Edenton and the Inner

Banks.

A message from the current owners... When considering the purchase of a bed & breakfast, buyers are always interested in a strong business and this

Inn’s story is impressive. In 2014, the inn was rebranded and has significantly boosted its occupancy rate, ADR

and Rev Par, a testament to the quality of the marketing and the staff who, with the owner, provide a

wonderful experience for the inn’s guests. The benefit to an investor buyer is that the inn generates a solid

income even with a full complement of staff. Currently there are no owner’s quarters, as the former owner’s

quarters were converted to guest use in 2014, generating more than enough revenue to pay for comfortable off

site housing. There is space in the Satterfield House, however, where new owner’s quarters could be created.

Sitting on almost two acres of land and a few blocks from enchanting shops and waterfront, all guest

accommodations enjoy access to the amenities of the property including onsite dining, outdoor porches,

extensive patio, fireside area, lawn, in room spa services and separate pet-friendly areas. The Table at Inner

Banks offers fine and casual dining with menus and prices that appeal to both the world traveler and locals

alike. Ranking in the upper 1% on TripAdvisor in the NC Region, the restaurant and Inn have both been

featured in a variety of publications, television specials and online venues. Golf, soundside pool and an

expansive waterfront events venue is available to guests as it is owned by the same individual.

From successful marketing to award winning food to diverse and flexible revenue streams, this 20 room Inn is

an up and coming jewel that is gaining recognition and status amongst travelers, event planners and industry

leaders.

The Inner Banks Inn is a perfect example of when an Inn’s numbers are progressively growing, the

opportunity for the buyer seeking a quality property is met with a celebrated past and equally bright future.

Are you its next owner?