Offered at $2,499,000

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The Inner Banks Inn

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The Inner Banks Inn- Edenton, North Carolina

ABOUT THE PROPERTY

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.

BUSINESS HIGHLIGHTS

• 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 …Edenton, North Carolina

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?