Physically, their inns are getting cleaned up with the elimination of brick-a-brac, canopies, heavy window treatments and, yes, doilies and wallpaper.

Not surprisingly, few successful Innkeepers credit the economy for their successes. The reverse is not the case, however.   Without exception, the minority Innkeepers who continue to see their sales and occupancy decline know that the cause is the economy! It has nothing to do with their out of date  narrow web sites with the small dark pictures and column after column of turgid prose; with the difficulty of navigation with no availability two week calendar and/or the inability to make an on-line reservation.

This group can’t update décor because “all my guests” like it that way. In this day and age. “claw footed tubs” are a sure turn off.  Even the Holiday Inn puts showers only in a majority of its bathrooms at new facilities.

In sum, it is easy to blame the economy, but in truth, Inn goers are getting wiser; much more information is available for them to make informed decisions and grandmother’s house is not high on the list.

Bill Oates

This attractive business for sale sits on Main Street and has rapidly become the preferred lodging facility in the area. The current owners, who built the Inn, took a big risk, but the next owners will have very little. The Inn opened in 2006 and in its first full year (2007) had an astounding occupancy rate of 50%. Additional growth is likely.

The Inn is priced at $2,975,000.00.  If you are one of many folks who desire the cultural (and financial) rewards of a college town, you should contact us for further details.

Among the lodging facilities in Highlands, none can compare with the elegant simplicity of this Bed & Breakfast.  There are 15 delightful rooms in three Inn buildings.  Eight authentic log cottages, all imaginatively and lavishly appointed are managed on a fee share basis as part of the Inn.

This exemplary Bed & Breakfast is a work in progress.  Physically, it is a gem.  New owners will market to the vast Atlanta market barely two easy hours from the Inn.

Extras include a six-acre lake and two stocked ponds, in-ground swimming pool, owners’ house and views.  The price is $3,500,000.00 reflecting the value of the Highlands real estate and business capability.  This is truly a trophy property.

This offering fits the bill.  There are five excellent guest rooms, ample public areas, a location convenient for business and a business program that increases sales to over $185,000 and a bottom line providing solid cash flow.    The Inn serves the needs of local businesses, social, cultural and religious groups by catering to their need for a private meeting space.  Be assured, this B&B is not a restaurant but has a profitable group luncheon and off site food service business.

As Innkeepers of this Bed & Breakfast you will be rewarded as active participants in the local community.  We really like this business and believe you will, too!

The price is $695,000.00

The Inn is located in a residential/commercial zone. Currently there are expansion plans in place for a 6th guest room.

We may have saved the best for last, the Bed and Breakfast is being offered at a very reasonable price of $975,000.00 making it accessible to buyers with modest means.  With a normal down payment the Inn has ample cash flow to cover debt service and provide a decent return to Innkeeper/Owners.  Do not be left out. We expect much interest in this truly special offering.

***June 12, 2011 the Asheville Citizen-Times reports Andon-Reid Inn Bed and Breakfast received the Certificate of Excellence from TripAdvisor.  The certificate is awarded to properties who consistently receive excellent ratings from TripAdvisor members. The Inn has received other accolades, including Best of the South by BedandBreakfast.com.

• Select Registry, Distinguished Inns of North America
• #1 B&B in North Carolina by TripAdvisor
• Diamond Collection Member
• AAA Three Diamond
• Expansion plans in place for a 6th room
• Sales increased approximately 15% in 2011 over 2010
• First quarter results in 2012 are about 13% over 1st quarter 2011!

The Inn is situated at the tip of one of the many promontories that reach into the Atlantic from Route One and comprise what we call “Down East Maine”. This one is anchored by an historic and dominating Lighthouse.

There are 16 guest rooms; 12 are in the main Inn and 2 guest rooms and 1 suite (the entire second floor) are located in the carriage barn, and 1 cottage. The main Inn has two guest rooms on the first floor and the balance on the second and third floors. There is a large great room with fireplace and several seating areas for guests to mingle.

The Inn offers fine dining and an informal tavern for their inn guests and the public. The dining room seats about 28 to 30 people with additional seats available in summer on the screened deck, plus the tavern offers flexible seating as needed. The commercial kitchen is large, well equipped and well organized.

Outside, on approximately 3 acres of perennial gardens and manicured lawns there are inviting spaces, including a gazebo, for guests to relax and enjoy views of the bay near Pemaquid Point.

For new owners of this lovely Inn there are several options for owners quarters depending on your needs, but current owners utilize part of the second floor of the main Inn for their office and living space. There is a barn with garage.