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