SeeBen21
Well-known member
- Joined
- Jun 16, 2009
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I made my first offer for the B&B I’m looking into. Now I received the counteroffer from the owner. So the lower and upper limits are set, now it’s just to see if we can agree to something.
There was just one thing which made my nearly burst out laughing loud as I was reading the counteroffer.
They said I have to consider that the whole furniture with a value of nearly $30.000,- will be staying and is not included in the purchase price, so it’s in a way complimentary.
I know they want to hint, that´s like a discount anyway.
Frankly speaking I saw the furniture and the owner told me at this time as they opened the Inn 15 years ago they bought it for $30.000 and the current Innkeeper told me that there were already 2 Beds breaking down and had to be repaired. It has to be replaced for sure not at one shot but one after another.
So if you do the math, the furniture is 15 years old and where not replaced. So the total value in the books should be $1,- because it’s already amortized.
I guess this gives me a better argument as I have to invest in new furniture and it is for him!
Anyway the good thing is, it seems they are flexible.
There was just one thing which made my nearly burst out laughing loud as I was reading the counteroffer.
They said I have to consider that the whole furniture with a value of nearly $30.000,- will be staying and is not included in the purchase price, so it’s in a way complimentary.
I know they want to hint, that´s like a discount anyway.
Frankly speaking I saw the furniture and the owner told me at this time as they opened the Inn 15 years ago they bought it for $30.000 and the current Innkeeper told me that there were already 2 Beds breaking down and had to be repaired. It has to be replaced for sure not at one shot but one after another.
So if you do the math, the furniture is 15 years old and where not replaced. So the total value in the books should be $1,- because it’s already amortized.
I guess this gives me a better argument as I have to invest in new furniture and it is for him!
Anyway the good thing is, it seems they are flexible.