Eiran Gazit, a 2011 graduate of Inn Partner’s Seminar for Future Innkeepers, has purchased the Gateways Inn in Lenox, Massachusetts. Sellers of the Inn, Fabrizio and Rosemary Chiariello, are also former graduates of our seminar. Congratulations to both Buyers and Sellers of this outstanding Lenox Inn.
Tag: Seminar for Future Innkeepers
2011 Financial Results for Inns & B&Bs
We have had the opportunity at this point to review many Inn and B&B financial results for 2011. I am happy to report that a strong majority report gains in both income and occupancy over 2010 results. The gains are typically below 10% and as high as 16%. In some ways the abrupt declines inRead More
Seminar Graduates Purchase the Lake House at Ferry Point
We are very pleased to announce the transfer of the Lake House at Ferry Point in Sanbornton, New Hampshire, to Buyer Consulting Clients, John and Cindy Becker. The Beckers are Graduates of Inn Partners’ Seminar for Future Innkeepers and settled on the attractive lakeside Inn after an exhaustive search for quality properties throughout the east coast.
A Call to Action
Since the President’s State of the Union address, we’ve heard a great deal about making financing available to small business. The truth is, that excellent financing has been readily available all along in our domain. Community Banks (who do not lend to Bezerkistan) have money to lend, and interest rates, usually fixed for 5 years,Read More
Why I Spent New Years Eve in Ardmore, Oklahoma
We have certainly been questioned about that; so, even if you did not ask, I will tell you why! There is a lot of effort in bringing an Inn transfer to a successful close, but the actual day of transfer is definitely an anti-climax. The battles have been fought, more or less amicably, and theRead More
Food for thought
In these troubled times, it is natural to lower the risk factor in any important financial decision. For future Innkeepers who choose to seek out going concern Inns for purchase, it is a wise choice. A going concern has a history and that history will inform us of what that Inn’s capabilities are. That beingRead More