by Doug Carleton of Business Lenders, LLC How much an inn is worth is always a popular topic in the bed & breakfast industry. To an innkeeper who has invested capital, a number (maybe a lot) of years and, most of all, a tremendous amount of emotional and physical energy, the inn has one value. […]
What Is An Inn Worth? How Lenders Look at Value Read More »
by Doug Carleton of Business Lenders, LLC Let your mind roam ahead in time for a moment. You have put your property on the market and you now have an offer. The buyer is going to apply for a mortgage. Let me suggest to you how what you are doing today, or not doing, can
Someday You Will Sell, Help Your Lender Say Yes Read More »
by Doug Carleton of Business Lenders, LLC Seller financing is often used in the bed and breakfast industry as a way to facilitate sales. It may be the first mortgage, or, it may be a second mortgage in conjunction with a first mortgage provided by a traditional lender. Let’s take a look at some of
Financial: Seller Financing, The Good, the Bad, and the Ugly Read More »
Not the New York Yankees…..but Dan and Penny Cote, the proud new Innkeepers of Inn Victoria of Chester, Vermont! Welcoming these new Yankees are the former Innkeepers, Jon and Julie Pierce, who just happen to be British! The B&B Team is pleased to have been the Transfer Consultants to both the Cote’s and Pierces,
New Innkeepers and the Yankees are Coming! Read More »
As the years go by and we at The B&B Team do our work for current and aspiring innkeepers, there is one issue which never fails to perplex and which is so fundamentally important that we thought we should cover the topic again, briefly. That topic is about the basics of inn valuation. If you
The Basics of Inn Valuation: never, never forget! Read More »
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