Buying Hospitality Property

Owning a hospitality property offers a unique opportunity to blend business with lifestyle. Whether you’re dreaming of a boutique hotel, historic bed & breakfast, or a seaside inn, investing in the right property can be both financially rewarding and personally fulfilling.

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buying hospitality properties

Successfully Buying Your Hospitality Property

Buying a hospitality business is one of the biggest decisions in your life. Here are some Innsider Tips to buying your perfect property, from “Innkeeping from the Innside” Seminars:

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Get educated. Take a weekend or one-on-one seminar that gives you the tools to find your inn: property valuation, location analysis, build/buy pros and cons, business planning and the hospitality business purchasing process, as well as complete day to day operations.
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Talk to successful owners and operators, stay at inns and B&Bs, do an inn internship. Take courses related to owning and operating a small business. We can help you find the best of these.
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Be a serious buyer by being financially liquid and having a timeline for your purchase. Being pre-qualified and having your down payment in hand is a critical step to success with sellers and with lenders.
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Create your "Fantasy" board of directors. Surround yourself with the expert professionals you need to make your future business a successful one - including lenders/loan guarantors, attorney, accountant, inspectors, contractors, licensing authorities, insurance brokers, and marketing partners. A knowledgeable commercial hospitality broker will be your source for all of these professionals and more.
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Non Disclosure Agreement

In connection with the possible acquisition by you of commercial hospitality property, we will be furnishing you information regarding these business properties, their financial condition, operations and prospects of the business.

Innsider Tips

By experienced innkeepers, consultants, and innbrokers 

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Carol Edmondson

carol@innadvisors.com

(508) 237-1617

Marco DiDomizio

marco@innadvisors.com

(646) 831-1976