INTERESTED IN SELLING YOUR INN? You should be! In today’s crowded sale market it’s not enough to decide one day that you are ready to move on and put your Inn on a very crowded and chaotic marketplace. While Inn Partners has long represented Bed and Breakfasts and Inns in the Transfer Process, there are many preliminary services that Innkeepers should consider in preparation well in advance of the time of the sale.
Among our pre-transfer services is a comprehensive overview of your Inn, physically, financially, personally and from a marketing perspective. Another important service is our unique and comprehensive Inn Valuation service. While the end result of this is a number, it goes far beyond that in helping you to understand the possible buyer profile, financing, options and generally what the market is for Inns of your size, style and value.
First things first, contact a member of our team at 877-957-2360 for a review of what your needs might be. Remember, “well planned is well executed”.
Services for Current Innkeepers
Sell Your Inn: Unrivaled Inn Transfer Consulting for distinct Bed and Breakfasts and Inns for sale nationwide. Inn Partners will manage all aspects of the transfer process, from marketing plan implementation and management to qualifying prospective buyers to closing. Our goal is to meet your needs and exceed your desires as Sellers in the Inn transfer process.
Evaluation: A complete operational and financial review of your business. Our Evaluation program offers advice, direction and suggestions for enhancing profitability and highlights areas that impact value, business and future transition.
Valuation: Our comprehensive Valuation methodology looks at six approaches to value for Bed and Breakfasts and Inns and is an invaluable tool for owners looking to enhance the profitability and future value of their Inn. The crux of our Valuations is establishing the Asset Value of the Inn and to determine the ability, using future projections, of the business to support that Asset Value.
Feasibility Study: Whether you are considering a major renovation or a shift in the style of your Inn, we will work with you to determine the clearest and best use of your property and how changes will influence its viability from a business and value perspective.
Leveraging Short Term Rental Sites: Have you wondered about listing your property on Airbnb? We have a unique perspective on the competition posed by STR properties in New England and throughout the country. Schedule a session to learn the pros and cons of working with AirBnB, VRBO and others. Contact firstname.lastname@example.org for details.
Current Innkeeping Workshop: Our Current Innkeeping Workshop is designed to help innkeepers achieve a higher level of success and build a guest-oriented approach to service as they move forward in the innkeeping lifecycle.