Charlotte boutique hotel, fine dining restaurant and bar, established.

Asking Price$1,250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$360,000

InventoryNot Disclosed

FF&E$800,000
Included in asking price
Real Estate$800,000
Included in asking price
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Charlotte boutique hotel, fine dining restaurant and bar, established.


Asking Price$1,250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$360,000

InventoryNot Disclosed

FF&E$800,000
Included in asking price
Real Estate$800,000
Included in asking price
Business Description
Charlotte Hotel & Restaurant: An established fine dining restaurant, bar, and boutique hotel with a British flair. When the occasion arises for romantic dining, or just wanting to impress friends, it's Charlotte time. 20 years of being a well-publicized business throughout the Northeast. Intimate seating for 33 guests for dining, a full bar. 8 guest rooms, 9 restrooms, and a reception room: new heat & air, kitchen equipment, and roof. Nautical attire is welcome, just 2 blocks to the town marina. & harbour, where vessels of every description find their way to Onancock by way of the well-marked channels. Excellent books and website convey. Turn Key.
About the Business
Years in Operation
26
Employees
6 (4 Full-time, 2 Part-time)
Spring to January part time employees, standby to work.
Facilities & Assets
Full-service kitchen, fine-dining room, and bar. 8 guest rooms, 9 bathrooms, reception area, and office.
Market Outlook / Competition
Located on a popular street in the town center where on Friday evenings the town closes the street to traffic and all the restaurants on the street use the street for seating along with their own seating. Entertainment is shared. The town is known for its good restaurants and the Charlotte Hotel has had many years of excellent advertising throughout the northeast.
Opportunities for Growth
Yes, the growth can be full use of the dining room and bar, extending the hours of operation.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,450
About the Sale
Seller Motivation
Moving back to home country.
Transition Support
Introduction to suppliers, town council, and employees
Financing Options
Conventional bank loan, or cash
Listing Info
ID
2478552
Listing Views
38
Attached DocumentsAttachment Disclaimer

Charlotte.pdf

Business Location

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Business Listed by: Irene CarrLewin

Listing ID: 2478552 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.