An exceptional opportunity exists to acquire a Rhode Island real estate-backed boutique hospitality asset situated on several acres within a highly sought-after coastal corridor. This property, with roots dating back years, offers a rare combination of authentic brand equity and modern, high-touch amenities that cannot be replicated through new development.
Prime Location & Real Estate
• Strategic Coastal Access: Located near the coastline, the property is perfectly positioned to capture significant drive-to leisure demand from major metropolitan areas including New York, Connecticut, and Massachusetts.
• Tangible Asset Value: The sale includes several acres of land, providing substantial real estate backing and long-term optionality in a supply-constrained coastal market.
• Extensive Reinvestment: The asset has undergone capital improvement programs over the years, covering guest rooms, food & beverage service, and the grounds.
Diverse Revenue Streams
The business operates a mixed-use model that provides a resilient and diversified revenue base:
• Boutique Lodging: Guest rooms designed with character and modern luxuries, supported by additional lodging capacity.
• Full-Service Food & Beverage: An established dining concept with top cuisine.
• Premier Event Venue: Flexible indoor and outdoor spaces optimized for private functions, weddings, and ticketed outdoor events.
Compelling Growth Trajectory
• Operational Readiness: Much of the capital-intensive work is complete, transitioning the asset into a stabilized, functioning platform.
• Positive Earnings Inflection: The business reached critical financial milestones.
• Immediate Upside: Significant opportunities remain for a new operator to enhance margins through management, direct-booking strategies, and formalized event packages.
This property represents a turnkey entry into a premium hospitality market, offering a unique blend of historical provenance and a modernized operational infrastructure. Prospective buyers will be required to fill out a buyer survey form, conduct a short interview and sign an NDA prior to receiving additional information.
Ad#:2516842
