Lodges, Inns & Bed & Breakfasts for Sale

If you want to find a lodge or a bed and breakfast for sale, we can help. We understand that this would be a dream come true - living off the beaten path and meeting new and interesting people from all over the country while being a local tour guide. And, of course, the best part is you get paid this.

Lodges and B&Bs Offer Diverse Experiences

LodgingMany people are excited about owning a lodge or a B&B. But here’s some advice. Focus on location and be sure you understand the financial aspects. Find an ideal location based on tourist activity aw well as where you want to live. Lodges and bed and breakfasts are found in virtually all areas of the country and there are typically a number of lodges and bed and breakfasts for sale. In fact, there are an estimated 17,000 B&Bs in the Unites States, as well as thousands of lodges and resorts.

Lodges, B&Bs and inns vary widely in purchase price depending on two factors; real estate value and business value. In fact, many sell at prices that are difficult to justify unless you consider the lifestyle benefits. We understand the valuation dynamics and know how to analyze an inns potential in light of its attributes, financial performance and your objectives.

The industry is very diverse and there are evolving issues that will impact your success. In today’s environment, you need to understand and be comfortable with online marketing and review sites, “social networks” and the ways in which potential guests make their decisions on where to stay. Devising strategies and tactics to successfully compete in this new marketplace is critical.

Here are some industry statistics that may help put a potential acquisition in perspective:

Performance

  • Occupancy Rate 43.7%
  • Average Daily Rate $150
  • Revenue per Available Room $58

About The Inns

  • Typical B&B has between 4 and 11 rooms, with 6 being the average
  • 29% were in rural locations, 23% urban, 5% suburban, and 43% were village
  • 94% of rooms have private baths
  • 36% have achieved an "historical designation"
  • 5,700 square feet is the average size for a B&B
  • 93% offer free high speed wireless internet
  • Most inns provide the following in common areas: internet, magazines, hot/cold beverages, board games, fireplace, refrigerator, newspapers, telephone, cookies/cakes/candies/fruit, fresh flowers and televisions.
  • Most inns provide the following in guest rooms: internet, television, luxury bed/linens, premium branded toiletries, robes, fireplaces, magazines and jetted tubs.

About the Inn Owners

  • 72% of inn owners are couples, 18% are individual females, 5% are individual males, 5% are non-couple partnerships
  • 79% of owners live on premises

Average Inn Sales Study

  • Average Inn Sales Price - $1,343,774
  • Price per Guest Room - $139,657
  • Gross Revenue Multiplier - 5.6

Average Inn Performance

  • Number of Guest Rooms – 8
  • Average Daily Rate - $166
  • Occupancy Rate – 42%
  • Revenue per Room - $25,447

Source: Industry Study of Bed & Breakfast Operations, Professional Association of Innkeepers International