Charming Inn - Virginia
Onancock, VA
This is not an active listing. Please visit the inns for sale page to search our active listings.
Having been purpose built within the shell of an old existing building on North Street, The Charlotte Hotel is a thoroughly modern inn. Everywhere one looks, on walls, floors, hallways, and in frames, is the artistic handiwork of one of the owners, Charlotte Heath, whose creative design has added to the unique qualities of this property. Guests can enjoy simple but very comfortable rooms on the second and third floors, but the cornerstone of the business is the restaurant.
Approximately 75% of the inn’s business comes from food and beverage, but the restaurant has a very capable chef who is guided by the owners to create delicious and attractive meals that have garnered no small amount of positive press. With a solid revenue base, The Charlotte Hotel is profitable and has excellent upside potential with (among many other things) NASA’s increased development and reliance upon the installations at Wallups Island less than 30 minutes away. A new hospital is under construction in Onancock, which will be a source of business for years to come. In short, the future is bright for The Charlotte Hotel and its future owners!
The B&B Team, Inc. is proud to offer this excellent business for $1,495,000 turnkey. This is an excellent opportunity. For details, please contact Peter Scherman, 434-286-4600.
This property also appears on these pages: