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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“We worked with Marco and Carol when purchasing an inn on Cape Cod. They were very professional and knowledgeable. We really appreciated their expertise as we were in Florida at the time and relocating to the Cape. They went above and beyond to make the process seamless for us. We were so impressed that 5 years later, we engaged their services again to assist us in selling. The sale was quick and lucrative. Marco and Carol provide insight and advice on the real estate and the business sides of owning and operating an inn. It’s a level of industry confidence that is unique. We are so fortunate to have met them and consider them friends.”
– Klaire

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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.

Unlock the Door to your Dreams

Unlock the Door to your Dreams

Unlock the Doors to Your Dreams: Is a Career in Hospitality or Innkeeping Right for You? Are you dreaming of a lifestyle that combines your passion for people, travel, entrepreneurship, and a meaningful work-life balance? If so, a career in small hospitality—owning or...

Innsider Tips

By experienced innkeepers, consultants, and innbrokers 

Unlock the Door to your Dreams

Unlock the Doors to Your Dreams: Is a Career in Hospitality or Innkeeping Right for You? Are you dreaming of a lifestyle that combines your passion for people, travel, entrepreneurship, and a meaningful work-life balance? If so, a career in small hospitality—owning or managing an inn, B&B, or...

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Carol Edmondson

carol@innadvisors.com

(508) 237-1617

Marco DiDomizio

marco@innadvisors.com

(646) 831-1976