About the Financial Status of Inns for Sale
Understanding the financial status and future potential of an inn or bed and breakfast is critically important. Each inn for sale that Eliot Dalton and The B&B Team® represents is financially evaluated. We use the following definitions to describe the financial strength of inns or bed and breakfasts for sale:
“Financially Viable” refers to inns and B&B’s that generate sufficient income to cover operating expenses, debt service (mortgage), and owner’s compensation.
“Feasible” refers to properties with a size and location that have the realistic potential to become financially viable. They may include unique hospitality properties that are distressed, closed, under-performing, or currently used for other purposes.
“Lifestyle” refers to inns and B&B’s whose smaller size and revenues may not generate sufficient income to cover operating expenses and debt service (mortgage). These inns are priced primarily on real estate value.