B&Bs for Sale by Regions
State Innkeeper Associations "Be sure to take advantage of this
List Your Property With Us Here
Contact Us at: PO Box 266
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Thinking about selling your
inn?...
Not all properties are created equal and can be valued exactly the same. There are many opinions on how a business should be valued. We offer our opinion and methodology based upon sound real estate principles to assist you with the never ending question "How do I value my inn?"
"CONSERVATION OF MASS" teaches us the whole is equal to the sum of its parts. Although this is a scientific principal, we believe this is the METHODOLOGY that is necessary to properly arrive at the WHOLE VALUE for your inn. WHOLE VALUE = Base Value + FF&E + Business Value + Goodwill BASE
VALUE:
Land + Improvements
ESTABLISH THE BASE: Determine the value of the land and improvements. Obtain the services of a Property Appraiser for establishing this value. FF&E: Inventory everything that will be included in the sale. Establish the replacement cost. Anything that is necessary to the continuity of the inns operation should be included. BUSINESS VALUE: Determine the value of the business as a going concern. This value can be expressed by dividing your Net Operating Income (NOI) by the Capitalization Rate (R). Your Property Appraiser can assist you with this calculation. GOODWILL: This value is the most subjective and not easily reached. Your time in business, your repeat clientele, future business on the books, corporate name, trade name, domain name, copyright, and reputation all contribute to this value. WHOLE VALUE: Now add the sum of the parts. "We offer our opinion only
to assist you, should you require more
Contacting the
Property: BB-4-Sale.com does not act as a broker or agent for these
properties.
©2000, 2001, 2002,
2003, 2004, 2005 BB-4-Sale.com-This information is believed to be correct,
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