Congratulations to buyers Ted and Lisa and sellers (and retiring innkeepers), Maryanne and Bill! A lovely inn, lovely transaction on all counts. I represented the seller, Rick Wolf, also of The B&B Team represented the buyers.
Month: June 2014
If you had something in the $250k range to put down, could run a seasonal, 6 month business mid-coast Maine and realize a $100k cash flow, would you be interested? Contact me for details, I have a listing that offers a VERY strong performing business and are motivated sellers.
8 guest rooms, 2 large living rooms, large dining room, beautiful open kitchen, gorgeous mature trees and perennial garden, close to shops and restaurants. Offered at $950,000; strong business with room for growth. Visit my website for details.
We know in real estate it’s all about location, location, location. But in commercial real estate, it’s usually all about numbers, numbers, numbers. Sometimes it’s an emotional buy but sometimes it’s not and it’s all about the value of the cash flow. Claddagh Motel in Rockport, Maine has seen increased revenues over the past several …