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The Innkeeper's
Resource™
Index of Services:
Hospitality
Conference Speaking
Services for Current Innkeepers available nationwide unless
indicated otherwise
Marketability Assessment
Business Valuation
Expansion Feasibility Studies
Exit Strategies
Refinancing Guidance
Operational Reviews
Marketing Plans
Full Service Brokerage
Transfer Consulting - For Sale By Owner
Services For Aspiring Innkeepers available nationwide unless
indicated otherwise
Seminars For Aspiring Innkeepers
Feasibility
Modeling and Site Selection
Business Valuation
Business Plans
Marketing Plans
Financing Assistance
Transfer Consulting
Focused Buyer Program
Full Service Brokerage
Services for Current Innkeepers
Marketability Assessment
·
Is it time to sell? For all sized
inns, examines your inn business from several standpoints: location, condition,
income, your motivations, and price/business Value
·
If the answer is no, what do you
need to do to get where you want to be?
·
Priced by the size and complexity
of the job. [top]
Business Valuation
·
For larger inns, this valuation
looks at your business and your business assets from the standpoint of the
assets’ ability to generate a future stream of income. The result is a
comprehensive business valuation that can validate other methods and provides a
market-based approach to understanding what your business is worth.
·
Priced by the size and complexity
of the job. [top]
Expansion Feasibility
Studies
·
Is it time to add a room or two,
another building, or ancillary services? If so, what elements should be
incorporated to generate maximum return? Will you reach a point of diminishing
returns? How can you maximize the assets you have? If successful, what will your
inn be worth?
·
Priced by the hour or the job.
[top]
Exit Strategies
·
Smart innkeepers are ready to leave
the business at any time, under any conditions. Are you ready? Plan for the
future so you can relax in the present.
·
Priced by the hour or the job.
[top]
Refinancing Guidance
·
You’ve gotten a loan before, so
refinancing should be easy. But it’s not always so. Preparing and presenting a
plan and financials that will help you secure the loan you want isn’t as easy as it
seems. The B&B Team can help.
·
Priced by the hour.
[top]
Operational reviews
·
Are you operating as efficiently as
possible? Are there negative ramifications to the way you are operating? Are
your operations in conflict with your ultimate goals? It pays to know the
answer. We can give it to you.
·
Priced by the hour or the job,
depending on the complexity. [top]
Marketing Plans
·
Now that you’ve bought your inn,
are there things you could do or should do to increase your business? Do you
know your target market? Is your marketing reaching that market? How is
your web site? What about print media? Cooperative efforts? An evaluation of
your current strategy and recommendations for enhancement will pay for itself in
increased business.
·
Package pricing that can include
other services as well. May be fixed or hourly.
[top]
Full Service Brokerage
·
You are ready to sell. The B&B Team
is the best place to go. Marketing includes comprehensive institutional exposure
in virtually all the significant media from print to Internet. It would be cost
prohibitive and time consuming to recreate this broad media presence for one
property alone. Join up with The B&B Team and get the best market exposure you
and your inn deserve.
·
Marketing an inn is not a simple
process. Advertising is useless without good marketing materials. The B&B Team
produces marketing materials that are unrivaled in the marketplace. The goal is
to make it easy for a prospective buyer to choose to visit you or decide not to.
Either way, you are saved from unnecessary inconvenience. And the buyer who
does visit is well informed and pre-screened for financial ability.
·
Most people don’t realize that, for
an inn broker, the real work begins once a buyer puts an offer on the table.
Complex agreements and sometimes emotional negotiations are handled expertly and
sensitively by us. Many are the transactions that would not have
been consummated if not for the invaluable presence of a knowledgeable broker.
·
Innovative fee structure gives you
choices by making you a partner in the process. Risk sharing provides
opportunities to save considerably in the total cost of the transaction. Fee
schedule is custom designed for each inn.
·
Available in core states only (VA, WV, NC, MD, ME)
[top]
Transfer Consulting
/ For Sale By Owner
·
You’ve made the choice to sell your
inn on your own. You’re confident about certain aspects of selling and
marketing, but not others. Selling an inn is more than just putting it on the
Internet. There’s pricing, presentation, screening, disclosures, and, of course,
negotiation, the area where many transactions fail. Are all the pieces in place?
Have you considered all the possible problems? You can hire the piece of the
process that you want or need the most, and do the rest yourself.
·
Price based on the service
requested. May be fixed or hourly.
[top]
Services for Aspiring Innkeepers
Seminars For Aspiring Innkeepers
·
You’re exploring the dream of
becoming an innkeeper, but you have lots of questions. What is the lifestyle
really like? What can you really afford? Our
seminars
for aspiring innkeepers are comprehensive, three day
seminars offered
in a variety of convenient locations on the East Coast.
·
Competitively priced.
[top]
Feasibility
·
When looking at a startup or the
possibility of expanding an existing operation, there are many factors to
consider. What will your business look like? What will be the likely results of
your decisions? Can you afford to do what you want? Will the numbers work? These
are just a few of the questions we can provide answers for that will help you
make a wise decision.
·
Priced by the hour or the job,
depending upon scope and complexity.
[top]
Modeling and Site Selection
·
You’ve been thinking about becoming
an innkeeper. If you take a shotgun approach to searching, you may waste a lot
of time or miss an ideal opportunity.
We help you focus
the nature of your search to match the business you seek with your lifestyle and
financial expectations. This enables you to be successful more quickly and,
hopefully, more satisfied with your choice.
·
Package pricing that can include
other services as well. May be fixed, daily, or hourly.
[top]
Business Valuation
·
You’ve found a property that you
think will work for you, and you’re ready to make an offer. Where do you start?
It helps to have the benefit of experience on your side. Don’t guess. A
comprehensive business valuation will give you necessary guidance. The decisions
are yours.
·
Not suitable for all properties.
Not an appraisal. Priced by the size and complexity of the job. May be fixed,
daily, or hourly. [top]
Business Plans
·
You are ready to buy, have a
property under contract, and need to apply for a loan. If you haven’t developed
a written business plan before now, now is the time. Get some help to fashion a
plan that is not only realistic for you and the property but that that will help
you secure the loan you need.
·
Package pricing that can include
other services as well. [top]
Marketing Plans
·
Now that you’ve bought your inn,
are there things you could do or should do to increase your business? How is
your web site? What about print media? Cooperative efforts? An evaluation of
your current strategy and recommendations for enhancement will pay for itself in
increased business.
·
Package pricing that can include
other services as well. [top]
Financing Assistance
·
Stuck getting a loan? Don’t know
where to go? The B&B Team can help you get the loan you need based on your
situation and circumstances.
·
Usually no fee. Service included in
other packages. [top]
Transfer Consulting
·
You’ve been looking for ages and
finally found the inn you want. It may be listed property, or it may be for sale
by owner. Whether or not you’ve involved The B&B Team prior to this time, if you
feel you need some objective advice, someone to bounce ideas off of, someone
who’s been there many times before, you can get just the advice or services you need
when you need them with no further obligation.
·
The strength of the transfer
consulting program is its flexibility. Maybe you only want input on business
value. Maybe just negotiation advice. Maybe feasibility. You control the
process.
·
Price based on service package
selected. [top]
Focused Buyer Program
·
For those people who know what they
want (who have benefited from a modeling session), this service, limited to just
a few people at any one time, will help you find the right property without
having to rely just on those that are “For Sale.” A comprehensive and detailed
approach, you’ll work as part of a team to find your inn.
·
Price based on service package
selected. [top]
Full Service Brokerage
·
You need help with everything, from
property selection to offer preparation to transaction coordination. The B&B
Team is the place to go.
·
Available in
core states only
(VA, WV, NC, MD, ME).
·
Fees negotiable depending upon
circumstance. May be fixed or percentage.
[top]
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The Innkeeper's Resource™
The B&B Team, Inc.
Inn Consultants and Brokers Since 1993
With Offices in Virginia and Maine
Licensed in Virginia, West Virginia, North Carolina, Maryland, and Maine
PETER
SCHERMAN ~
P.O. Box 399 ~ Scottsville, VA
24590 ~ 434-286-4600
~ bbteam@bbteam.com
RICK WOLF ~
35 Western Avenue ~ Kennebunk,
ME 04043 ~ 207-967-1995
~ rick@bbteam.com
www.bbteam.com
The Innkeeper's Resourcetm
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