Rhode Island Bed and Breakfast
This Rhode Island Bed and Breakfast for sale was once a stopover for stagecoaches traveling from New York to Boston in the 18th century. While the Inn is located in a quiet swath of Rhode Island, it is in close proximity to the variety of attractions the state has to offer. Narragansett Bay is close at hand, as are six golf courses and the University of Rhode Island. In addition, Foxwoods Casino is a scant 30 minutes away.
The Inn was thoughtfully renovated in 2011 with fireplaces, Jacuzzi tubs and private en suite baths added to the Inn’s 11 guestrooms. Two 1700s fireplaces and the Inn’s original beams and granite give the Inn a recognizably rustic charm. The Inn is not a typical Bed and Breakfast, with four retail spaces on the ground floor and, currently, serving only a continental breakfast. However, the property is a viable business in an active and visible marketplace. In 2015, the Inn received Yankee Magazine’s Editors’ Choice Award for “Best Riverview Inn.”
Gross sales at the Inn have increased 22% since 2013, with gross sales in 2016 of $269,298.00 and a cash flow that will easily support the Inn’s debt service.
Contact Inn Partners today at 877-957-2360 for further details on this outstanding Riverview Rhode Island Bed and Breakfast for sale