Hotel & Restaurant 2min from the Beach
Carolina Beach, NC
| Asking Price: | $9,000,000 |
| Gross Revenue: | $3,500,000 |
| EBITDA: | $700,000 |
| Real Estate: | $7,500,000 |
| Cash Flow: | $700,000 |
| Inventory: | $12,000 |
| FF&E: | $160,000 |
| Established Year: | 2011 |
Listing ID: 2272411Listing provided by BizBuySell
BUSINESS DESCRIPTION
Huge growth potential
61 room hotel with pool, ample parking and adjacent bar & restaurant with outdoor space, corn hole, volley ball and more. Fully operational. Management in place. Includes all real estate.
Offered for sale in cooperation with Maus, Warwick, Matthews & Co, commercial real estate agency.
DETAILED INFORMATION
Location
Carolina Beach, NC
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
11,200
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All real estate, trade fixtures, of both the hotel and restaurant included. All hotel rooms are fully furnished.
Exact square footage of buildings to be confirmed by buyer.
Competition
Highly desirable location in an increasingly growing tourist/beach destination.
Growth & Expansion
Hotel has not been operated at its full potential the last couple of years which provides ample opportunity for growth.
Support & Training
Management in place. Owner will be available for any required transition support, subject to negotiation.
Reason for Selling
Retirement
Report an Issue with this listing
