This is what I captured with my iphone 13 pro, no filters, no tripod, just got in my car and drove to find a dark spot without so many trees! These were taken in Damariscotta from the parking lot at the Whaleback Shell Midden State Historic Site.
AURORA IN MAINE! BUCKET LIST, ✓ Read More »
2022 WAS ONE OF THE BEST YEARS ON RECORD FOR HOSPITALITY SALES…AND THE OUTLOOK FOR 2023 AND BEYOND IS BRIGHT! The past several years have been unprecedented…marked by the Pandemic, international unrest and a fluctuating financial market. And for good reason, this has caused some pause for many new buyers considering a transition into the
The Maine Hospitality Market – Why Now Remains A Good Time To Buy Read More »
So many financial terms….do you understand what you’re looking at? Your first step, other than working with me as your investment specialist, is to understand the metrics. GRM: GROSS REVENUE MULTIPLIER DCR: DEBT COVERAGE RATIO 8 CAP: 8% CAP RATE COC: CASH ON CASH ADR: AVERAGE DAILY RATE RevPAR: REVENUE PER AVAILABLE ROOM OCCUPANCY (ANNUALIZED
What about Financing Metrics?Cap Rates, GRM, DCR, RevPar, ADR, COC, oh my! Read More »
Another garden that WOWS, and look at that lush, green grass at this stunning inn in Searsport! Check out the listing for details.
This is Hichborn Restaurant and their stunning gardens! I saw the owners post these on social this morning and I had to share. I don’t really have a true green thumb, but clearly, they do! Check out the listing!
A GARDEN that WOWS! Read More »
A Full Service Inn – Often buyers are concerned with the risk associated with purchasing a restaurant because of low profits, high staff turnover, and high food costs, and so on. But when that restaurant business is supported by a strong lodging component, then the restaurant becomes less of a concern, and more of an
When An Inn Has A Restaurant… Read More »
This events barn was fully renovated in 2014 and sits right between downtown Bethel, Maine and Sunday River Resort! And with numerous lodging options providing hundreds of rooms , this business is well positioned to host even double wedding weekends. A huge commercial kitchen allows for weekday catering to supplement revenue. Bethel tops list of
Looking for a Wedding Venue Business? Read More »
From the Maine Inn Team at Swan Agency Real Estate…. As we head into 2024….while I do not have a crystal ball, I believe we will see more hospitality inventory hit the market. I am seeing signs of this now as I have a few new listings in the works, some will be public, some
HELLO 2024…Happy New Year! Read More »
A common question… How did you or the seller come up with the price? Take a look at a sample calculation below based on a price of $1,500,000, with 20% down at 7.5% interest, amortized over 25 years. There are three key metrics we look at when backing into a price that is financeable: 1)
The Valuation and Pricing Process Read More »
I say: Tell us something we don’t know! And I am proud to say I represented the sale of The Norumbega mentioned in this article! Read the full story on Bloomberg
Bloomberg Business: “Everybody Wants to Go to Maine…” Read More »
The rates we have been seeing in hospitality lending in Maine for years have been relatively and historically low for commercial loans. However, they keep changing very quickly. Contact me to discuss current rates.
Not everyone who is a licensed real estate agent is a Realtor®?
A Realtor® is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country. Realtors® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some Realtors® are brokers, while some are associate brokers or sales agents. These are varying levels of education, licensing and often responsibilities.
And hospitality ‘Consultants’ or ‘Brokers’ who are not licensed in the state of Maine are not held to any standards the way we are here as licensed Realtors® in Maine, where consumer protection is paramount.
I am a REALTOR®, a real estate professional who has taken the extra step to belong to the National Association of REALTORS®. Through membership, I abide by a Code of Ethics and have gained expertise to help you navigate one of the most complicated and important transactions you’ll make in your lifetime.
Maine Inns for Sale
Full Service Maine Inns with Restaurants
Maine Restaurants for Sale
Maine Wedding Venues for Sale
Maine Hotels and Motels for Sale
Maine Cottage Colonies for Sale
Maine Campgrounds for Sale
