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Buying a Bed And Breakfast

Buying a Bed And Breakfast Here's To Your Profitable
Bed And Breakfast


Buying a Bed and Breakfast




Buying a bed and breakfast isn’t all that you may first assume. It’s a business industry that is more than an exchange of goods and services; it’s a way of life. Finding a viable bed and breakfast for sale is a bit of a daunting task. The majority of properties available are not the ones you will want to invest in. In most cases there is a really good reason the place is on the market, usually its lack of profitability. If you’re buying a bed and breakfast you need to know why it is currently for sale. Be sure to scratch beyond the surface and don’t get put off by what the seller wants you to hear.




You will need to employ the help of some professionals when buying a bed and breakfast. Health and property inspectors as well as a good lawyer are just a few of the people you will need to work with in order to get the most bang for your buck. Hunting down the right property for you won’t be easy but it will be effective if you plan ahead.




Of course buying a bed and breakfast is not all about the profit and the building. It’s about an industry that is known for catering to guests in a home-like manner and providing a comfort not found in any hotel. An innkeeper is an essential piece of each guest’s stay. You will be the first and last person they interact with over the course of their stay so it’s important that you are chasing this goal for the right reasons. Anyone just looking to make money would be better of with a different course of action. Bed and breakfasts are family oriented and stress a specific idea. The best innkeepers are the ones who truly enjoy the day to day aspects of the business and sincerely enjoy taking care of others.


Unfortunately, there aren't any great college courses on "How To Start A Profitable Bed and Breakfast". (And if there are, they are probably taught by someone who's never owned one!) The statistics don't lie. Most B&B's aren't making a lot of money, and are hard to sell. We became frustrated seeing unsuspecting new owners lose their dreams (and their nest eggs). Sometimes it's just a lack of insider information that causes their operations to not meet their expectations. Especially for an older b&b rookie, this can be devastating in what should be their happy twilight "smell-the-roses" years.

We have put together a special quiz so you can test and see whether you current bed and breakfast business knowledge is based on today's industry realities, a romantic notion, or b&b information and training that was valid 20 years ago. (Newsflash: times have REALLY changed!)

It is our hope that this quiz, and the answers, might stop the growing statistics of b&b owners losing their dreams. So, before you spend your hard earned money acquiring and opening your B&B, we urge you to try the quiz.
Take The B&B industry quiz (click here)!

There are very successful bed and breakfast operators. There is a HUGE number of well meaning, hard working rookie owners who simply aren't aware of the "insider secrets" to creating a profitable b&b. If you would like to know what caused us to sit down and write out this information, click here to read that story.

The Farnhams (Patricia and Robert)
(authors of "Bed and Breakfast Profits)
(We LOVE B&B's)







More Related B&B Reading:
B&B Marketing

B&B marketing is an essential tactic for increasing your business. Any good innkeeper will have some kind of marketing plan. You can consult a professional for assistance or do it yourself, depending on your expertise. Opening a bed and breakfast is a difficult task. It’s not something you want to be rushing into wi (read the complete b&b article.)




Do You Have What It Takes To Become A Successful,
Profitable B&B Owner/Operator!

(click here to find out)





Readers Comments

Good morning
My wife and I read your ebook last night. Straight through. We stayed up very late discussing different ideas. We are very excited for our future now. You should charge much more. Raise your price so our future competition doesn't find out what your teaching. Please keep in touch
God bless you both

Jim and Anne Mc.

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"Buying a Bed And Breakfast"