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How do I determine a fair offering price for the inn/s I am considering?

February 27, 2019

A knowledgeable “B&B Industry Specialist Realtor” should be engaged very early on to consult on matters of value. Realtors who have been innkeepers themselves and are intimately familiar with their market area provide time-saving expertise. They can expertly evaluate the viability of the business and support your offer with their own analysis of comparable sales data, the inn’s Financial Performance, Real Estate Improvements, Good Will, and Furniture and Fixtures & Equipment (FF&E).

“A buyer or seller of a business who chooses to represent himself/herself has a fool for a client”.

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Rick Newman

"Rick is a master at helping people finance Inns and B&Bs. What not too many people …

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"We would not have been successful in achieving our goal of B&B ownership without …

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Cornerstone B&B, Philadelphia, PA

"For more than 25 years, my grandmother (Rick Newman’s Mother) owned the New Hope Lodge in …

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"We never would be here as innkeepers of the Sheridan House Inn at the gateway to the …

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"Rick was such a pleasure to work with. He was helpful in guiding us through the ups and …

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