For many our Seminar for Future Innkeepers, a distillation of our collective 50 years of experience, is a logical next step. We believe good information about Innkeeping and how to buy an Inn or Bed & Breakfast will make you a better Innkeeper.
Just as the internet has changed the transfer process for Innkeepers, it has affected the process for buyers as well. Parallels are many. The internet has intensified the old and unreliable real estate model. Listings on the internet are in the hundreds. Presented for the most part as real estate, these listings are rife with glittery pictures and florid prose,describing in detail every brass hinge and crown molding, telling us of the long departed notables who built or lived there. What is missing is any hint of income, occupancy, and cash flow, or any justification for a price that is likely to be totally unsupported by business activity.
The first need for future Innkeepers is information; solid information about what makes Inns viable (size, location, style, etc.) how you develop business (marketing) and how to establish proper price and terms (valuation).
Seminar for Future Innkeepers
Bill Oates and Heide Bredfeldt put the Seminar for Future Innkeepers first because we strongly believe that knowledge is the best tool for the successful purchase of an Inn or Bed and Breakfast. Click here for information on our upcoming seminars.
For folks beyond the “thinking about it” stage, Bill Oates and Heide Bredfeldt offer a variety of services varying in intensity (and price). Contact us and we will work with youto determine how we might best serve your needs.
Bill and Heide are committed to helping you make right choices and, if appropriate, be successful Innkeepers. Please contact Heide and Bill at Inn Partners. We would love to talk with you – 877-957-2360.