The Pink Dolphin Bed and Breakfast

Summerville, South Carolina
thepinkdolphin.com
www.flexmls.com/share/2q9sX/301-E-Richardson-Ave
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Property Type
Bed & Breakfast / Inn
Guest Rooms
5
Baths
5
Restaurant
No
Owners Quarters
Yes
Asking Price
$569,000

Occupancy Rate
NA%
Average Daily Rate
NA
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

The Pink Dolphin Bed and Breakfast is the definition of a “Lifestyle Property”. A beautiful Historic home located downtown in the city of Summerville, a gateway to the Greater Charleston area. Both the discriminating readers of Conde Nast Traveler (ninth consecutive year), and Travel and Leisure Magazine awarded Charleston Best US city (seventh consecutive year). The Pink Dolphin is strategically situated to earn a nice share of vacationer revenue as well as transitional housing for the many folks who have discovered the area as a great place to live, with an all year outdoor climate.


Property Description

The Pink Dolphin Bed and Breakfast is approx. 3,500 sq. ft. on .55 acres, located a short two block walk to the downtown square of Summerville. It is a historically significant property and has been operated as a Bed and Breakfast since 2003, having earned many top guest reviews on Tripadvisor.com and others. It has an exceptionally flexible layout featuring both monthly rental areas as well as B&B rooms. The combination is a great fit for producing stable income year round.


Business Description

For the many individuals or couples who have dreamed of the experience of owning a B&B, but want something easily managed without outside staff, the Pink Dolphin will be the perfect fit. While the current owners have found a happy balance with only three B&B rooms, up to five is possible. The property is the nearest public accommodations to the town square and, there are several dining and social options within a short walk.


Reason for Selling

After seventeen rewarding years, owners are ready to retire and begin a new chapter in their lives.


Terms & Asking Price

Cash/finance.