Services for Current Innkeepers

If you own an Inn, you need to have an exit strategy. We believe we can provide appropriate and cost effective help at all stages of the process.  A call to Bill or Heide will help define your specific needs (877-957-2360).

1. Overview Evaluation

   Inn Partners Bill Oates and Heide Bredfeldt will visit your Inn and provide a critique of operations as they impact value, business and future transition.

   Inn Partners will also review financial statements, compare to standard costs and provide advice, direction and suggestions for enhancing profitability.

   The fee for this service is $100.00 per guest room plus $500.00 for a full service Inn. (Minimum Fee is $1,500.00.) All fees are credited to the cost of additional services.

2. Assessment of Market Value

   This uses methodology which blends financial ratio analysis with asset replacement value. The process identifies specific assets which add or detract from overall economic value.

   The fee for this service is $200 per room with a minimum charge of $2,000.00, plus $1,000.00 for a full dinner service Inn.  All fees are credited to the cost of additional services. (Travel expenses may be additional.)

3. Consulting in the Transfer Process.

   As individual needs will vary, Inn Consulting Partners Bill Oates and Heide Bredfeldt’s services can be designed in consultation with Innkeepers who are considering selling an inn.

   These include:

   • Preparing a transfer marketing plan
   • Implementing and monitoring the marketing plan
   • Managing all inquiries
   • Interviewing, qualifying and informing transfer candidates
   • Complete involvement and management of the transfer process

   Fees would depend on level of involvement, but would normally run from 1% to 4% of the sale price.