I want to address this today. I heard of another high occupancy B&B for sale, and for whatever reason I think those of you aspirings assume it is for sale because it is a dog or something?
This is pure nonsense. Listen to me for a moment...lend me your ears
B&B's have an innkeeper shelf-life. This is just a fact, and the higher the occupancy, perhaps the sooner an innkeeper is ready to list it. As they are on on on every day most days of the year. It is not an easy profession. Even if they have staff, there is that to deal with, which adds an additional stress level.
We pour our hearts and souls into these inns, they are our babies. We pour everything into them, including our finances. Then we hand them on to the next set caretakers. We want the next set of caretakers to love these old homes like we do, to make them succeed! Most of us are go getters, we jump and we jump high!
Now for those of you who think all the inns on the market are because they are not good viable inns, then you are mistaken. There are plenty of B&B's that are very successful financially. Some have room to grow, which is an opportunity to those who want to give them a shot!
For example our B&B: I have at least one call per week for small weddings and other functions here. It is so DOABLE IT AIN'T EVEN FUNNY! We have two children, as it is we pour our lives into this inn, but we cannot do it all. Our kids needs us, we need to be a family. The past owners did do dinners, and weddings. This place is the gem of this town, hands down. They want us to host events, weddings, functions, dinners, etc. We are approved and can do them as often as we wish.
But for us, we strive to be a B&B and host "wedding nights" not functions. But the next set of innkeepers can do elopement packages, small garden weddings, heck I even know a Harpist who can play out near the ponds!
So, there ya have it. I wanted to share this. I wanted those of you considering building a business from scratch to consider one with reservations on the books, innstant inncome, so to speak. An operating business that you can purchase turnkey, step into and make your own! Be the boss. We have websites, marketing, all operation costs printed out for you, there are no surprises!
You won't need to spend months and years in renovations, adding bathrooms, and doing all of that. We are licensed, operational, and most of us have been a B&B for many many years, we are nearly in our 25th year as an inn.
Here is a website to see inns for sale by state that I recommend:
http://www.innshopper.com/
This is pure nonsense. Listen to me for a moment...lend me your ears
B&B's have an innkeeper shelf-life. This is just a fact, and the higher the occupancy, perhaps the sooner an innkeeper is ready to list it. As they are on on on every day most days of the year. It is not an easy profession. Even if they have staff, there is that to deal with, which adds an additional stress level.
We pour our hearts and souls into these inns, they are our babies. We pour everything into them, including our finances. Then we hand them on to the next set caretakers. We want the next set of caretakers to love these old homes like we do, to make them succeed! Most of us are go getters, we jump and we jump high!
Now for those of you who think all the inns on the market are because they are not good viable inns, then you are mistaken. There are plenty of B&B's that are very successful financially. Some have room to grow, which is an opportunity to those who want to give them a shot!
For example our B&B: I have at least one call per week for small weddings and other functions here. It is so DOABLE IT AIN'T EVEN FUNNY! We have two children, as it is we pour our lives into this inn, but we cannot do it all. Our kids needs us, we need to be a family. The past owners did do dinners, and weddings. This place is the gem of this town, hands down. They want us to host events, weddings, functions, dinners, etc. We are approved and can do them as often as we wish.
But for us, we strive to be a B&B and host "wedding nights" not functions. But the next set of innkeepers can do elopement packages, small garden weddings, heck I even know a Harpist who can play out near the ponds!
So, there ya have it. I wanted to share this. I wanted those of you considering building a business from scratch to consider one with reservations on the books, innstant inncome, so to speak. An operating business that you can purchase turnkey, step into and make your own! Be the boss. We have websites, marketing, all operation costs printed out for you, there are no surprises!
You won't need to spend months and years in renovations, adding bathrooms, and doing all of that. We are licensed, operational, and most of us have been a B&B for many many years, we are nearly in our 25th year as an inn.
Here is a website to see inns for sale by state that I recommend:
http://www.innshopper.com/