Inn Brokerage Blog
SOLD! Coach Stop Inn in Bar Harbor, Maine!
A big congratulations goes out to the buyers and seller of the Coach Stop Inn in Bar Harbor, Maine! Buyers Jim and Anna Brown have come all the way from Georgia to live in “Maine, the Way Life Should Be”! Congratulations and appreciation goes out to Deborah Stahlman for her wonderful stewardship of this historic
NEW LISTING! Atlantic Birches Inn, Old Orchard Beach, Maine, a John Calvin Stevens 1902 home!
The 1902 John Calvin Stevens Victorian LOOK, no snow! We’ll see spring arrive eventually here in Maine! This is The Atlantic Birches Inn in Old Orchard Beach, Maine. The inn is just a couple blocks to the pier and 7 miles of sandy beach. It offers 10 guest rooms with private baths, over a half
#Hashtags, links, photo location, mapping, labels and responding…Are you doing photo sharing right?
I was recently on vacation in California, from San Clemente up to St Helena, capturing a LOT of beautiful sights, food and drinks along the way! I like to use Instagram to post my photos and feed them to Facebook and Twitter using hashtags. If you aren’t using hashtags, there’s a good chance you’re not
A record setting 2014 season for Acadia National Park tourism! Looking for a bed and breakfast nearby?
Acadia National Park reported that visitation in 2014 was the highest it’s been in 15 years! Over 2.5 million visitors, and the park is only open about 6 months. To read more about the park, visit the park service’s website. I have some great listings in the Acadia area, two of which are under
Commission Splits…whose business is it anyway?
This post isn’t really relevant to inn buyers reading my blog, rather the inn buyer’s agent (if you, the aspiring innkeeper aren’t already working with ME!). I can’t tell you how frequently I am asked by Maine licensed real estate agents what our commission split is. I continually inform them that the commission we offer
Disclosed Dual Agency? In my experience with lodging sales, it can work beautifully!
A buyer client of mine (Jim) is under contract for a bed and breakfast listing of mine in Maine. I’m the Disclosed Dual Agent. I happened to be having lunch today with the seller just before showing the Inn at Bath today (in Bath) to a really great couple I just started working with. So
NEW PRICE! Wiscasset Motor Lodge, now $795,000, Wiscasset, Maine
Wiscasset Motor Lodge has a new price of $795,000 from $895,000! Strong business, spacious owner’s quarters, 26 spacious and clean rooms, many with new pine interiors and another 6 on foundation for future expansion. Seasonally operated May through October. A great opportunity to get into the hospitality business at a reasonable price with room to
Two Common Buyer Questions: “Why are they selling?”…..
“WHY ARE THEY SELLING?” This is one of the first questions prospective buyers ask. And many don’t know that real estate agents are not permitted to disclose why without a seller’s permission. We aren’t permitted to disclose motivation for selling because it can sometimes lead to a negotiating benefit for the buyer. But in lodging
A “Start-Up” vs. “Going Concern” Bed and Breakfast…The Difference, Explained.
Every now and then we find the most spectacular piece of architecture and immediately think “WOW, wouldn’t THAT make an amazing bed and breakfast!” This photo (and below) was taken by my friend Trisha when she was recently in Eureka, CA. Her brother is a photographer and does a lot of work with B&Bs. This
BUYERS TAKE NOTE: MOTIVATED SELLER – Jolly Drayman Pub and Briar Lea Inn in Bethel, Maine
Currently offered at $595,000 (and the numbers work at this price), this is a buyer’s opportunity to get in at an even lower price. MOTIVATED SELLER!The Briar Lea Inn and Jolly Drayman Pub offering is one of the best opportunities on the market. This is a highly successful and lucrative turn key inn/pub business with
As a lodging and bed and breakfast broker I wear many hats…What’s really involved in a commercial deal?
Clients texted me a few weeks ago and during our exchange of texts they acknowledged (and fully appreciated) my role not only as broker/advisor, but as a counselor, coach, cheerleader, human resources director, business consultant, financial services advisor, restaurant and wine advisor (okay, not really imperative) but you get the point! And I’ll add ‘puzzle
Claddagh Motel in Rockport, Maine sees steady, very strong increases in revenue!
The financial performance of Claddagh Motel in Rockport, Maine is so strong, the owners are obviously doing things right. They’ve seen a steady increase in the past several years: up 6% from 2011 to 2012, 16% increase from 2012 to 2013 and then another 15% from 2013 to 2014. 2014 has been their best year
New Price on Abbington’s Seaview Motel and Cottages in Lincolnville, Maine
Just a few miles from Camden and Lincolnville Beach, Abbington’s had previously been offered at $299,000 PLUS $75,000 for the two vacant lots. Now the vacant lots are included in the list price of $299,000! The two parcels are shown below (not to scale) and serve as a buffer between the adjacent properties. Units can
Sharing my client’s excitement…..
Just the other day I brought a buyer and seller together with a signed purchase and sale agreement for a lovely inn in Bar Harbor. After I sent over a copy of the ratified contract to the buyer, the image below appeared in the body of their response email and it just made me smile.
