North Carolina Inn and Events Venue for sale

Gibsonville, North Carolina
www.innpartners.com/inn/north-carolina-inn-event
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Property Type
Bed & Breakfast / Inn
Guest Rooms
9
Baths
9
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$2,200,000

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

Property Overview

By all accounts, the area surrounding this North Carolina Inn and events venue for sale is a magnificent place to own and operate a thriving hospitality business. Internationally known Elon University is few minutes' drive from the Inn and, just beyond, Greensboro, Burlington, and Chapel Hill offer countless leisure opportunities for Inn guests and untapped prosperous markets to enhance the business activity of the Inn. The current owners of the Inn have done the hard work and more of establishing the property as a destination for upscale weddings and events and have invested heavily in a marketing program to continue the upward trajectory.


Property Description

The Manor building was built in 1906 by a textile magnate and the property has been tastefully renovated and upgraded since that time. All guestrooms feature private, en suite bathrooms, individually controlled heat and air conditioning, and king or queen beds. Several rooms have special features, including gas fireplaces, hydro-therapy massage showers and whirlpool tubs. Public areas, both inside and outside of the Inn, are comfortable and functional. Outside of the Inn, a magnificent wrap-around veranda offers the perfect environment for breakfast or afternoon tea. The 4,800 square foot (80' x 60') pavilion nestled in the heart of the property, adjacent to the Inn, is a significant bonus to the business real estate with infinite revenue potential.


Business Description

The Inn offers a strong, diversified model for new owners, whether they would like a full-service operation with intimate events, or a robust wedding and events business at the heart of North Carolina’s Piedmont Triad.


Reason for Selling

Other callings.


Terms & Asking Price

Training will be provided, turnkey Inn and events facility with all assets to continue business.