Inn Brokerage Blog

Is it almost December? WHERE has the time gone?

Wow, this is long overdue, it was August when I last posted on my blog… It’s certainly not that there isn’t anything to talk about! It’s just time. You know, that precious thing we don’t ever have enough of. So what’s been happening? SALES AND NEW LISTINGS! The Spouter Inn in Lincolnville was just listed.

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So much has been happening!

Growing pains are a good problem to have. It’s time I brought someone on to help me. Allow me to introduce Diane Pace. Diane is the former owner of The Lighthouse Inn, York Beach and current owner of West End Inn in Portland. I met Diane when I listed her inn in 2018. I then

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A frequently asked question: how do I qualify?

As a home buyer, you understand what it means to qualify for a home loan, your salary has to cover your current debt and a new house mortgage. The bank wants you to be within a certain debt to income ratio. Pretty simple. With buying a lodging/hospitality property, if you are leaving your job, how

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UNIQUE SELLING PROPOSITION: What is your USP?

What makes your inn unique? What makes your inn memorable? What makes your inn marketable? A strong USP. Your Unique Selling Proposition. Any time I speak about the Norumbega Inn in Camden, inevitably the response is “OH, the castle, I know that one!”.  Norumbega is an architectural wonder! I personally know from my inn ownership, how important

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NEW LISTINGS, NEW LISTINGS, NEW LISTINGS!!

It’s been a busy summer into fall this year!   New listings came on board (not driven by the pandemic, just coincidental):  Hartstone Inn and Hideaway, Lodging and Fine Dining in Camden, a confidential catering company in mid-coast, Oxford House Inn and Restaurant in Fryeburg, Captain Swift Inn in Camden, 76 Pleasant Street Restaurant in

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The Lending Climate for Hospitality During a Pandemic…

There are no shortage of inn buyers or sellers these days. It’s almost as if the pandemic has placed an opportunity to hit the reset button, giving many a reality check of what’s important.  But are the banks lending? That’s the question on everyone’s mind. I closed one inn in February this year. Then Covid

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ZOOM Aspiring Innkeeper Workshop Schedule is Posted

ZOOM ASPIRING INNKEEPER WORKSHOP SCHEDULE DATES October 3 & 4 10a-1p each day   November 7 & 8 10a-1p each day November 28 & 29 10a-1:30p each day  ____________________________ The Maine Inn Team launched our Aspiring Innkeeper Workshops for 2020 and then Covid Hit. Like so many businesses, we are looking for ways to adapt

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STYLISH new listing hits the market in Boothbay Harbor

                The chic Russell House was originally founded as a bed & breakfast by Mr. Harlow Russell. Over the years, the house has taken on many forms including a home, a restaurant, an office space, and now a restored bed and breakfast making it a unique place to

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Using your 401k to fund your inn acquisition

While these are uncertain and unprecedented, times, there does seem to be a silver lining for those who have the benefit of being able to take this time to reassess their long-term goals. A recent look at Google Analytics suggests that a number of people are doing just that. The past week looks to be

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New Gorgeous Waterfront Listing across from Acadia National Park!

  Acadia Bay Inn sits on the ocean across Frenchman Bay looking directly at the mountains of Acadia National Park. The view  and property are stunning. The inn offers 7 very spacious guest rooms, 4 with ocean views and decks, all with lovely,  renovated private ensuite baths. The inn’s parlor is the epitome of a

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New Midcoast Listing! 9 Cottages and Owner’s Home in Lincolnville…

Pine Grove Cottages sits between Camden and Lincolnville Beach in the heart of Midcoast Maine. All 9 cottages have fully equipped kitchens and bathrooms, decks and grills for “Maine, the way life should be”. The owner’s home offers privacy, 2 bedrooms, 1 bath, sun porch, eat in kitchen and spacious living room. There’s plenty of

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New Listing! Snow Squall Inn and Yoga Studio

Snow Squall is an elegantly relaxing Bed and Breakfast conveniently located on coastal route 1 in Wiscasset, “The Prettiest Village in Maine”. Just 2 ¾ hours north of Boston and 25 minutes north of Freeport’s discount shopping, and LLBean. The town of Wiscasset is home to the famous “Reds Eats” voted the best Lobster Rolls

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Aspiring Innkeeper Workshop Schedule, Maine 2020

Introducing our 2020 Schedule for Maine Aspiring Innkeepers Buying or selling an inn can be a relatively long process. We don’t just take part in a quick transaction, we establish relationships. The sale is not our goal. Your success is our goal. And our relationship doesn’t end at the closing table. We are fully immersed

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New Innkeeper Workshops for Maine Aspiring and Current Innkeepers

The Maine Inn Team is pleased to launch our Innkeeper Workshops with two offerings to choose from: Two Day Weekend Workshop for Prospective Innkeepers; or One Day In-Depth Workshop for Future Sellers. As former innkeepers, one of the most often asked questions from guests is: “I have always considered owning a bed and breakfast. How did you

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