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 »
This thriving restaurant & inn offers a financially strong option for both investors and owner/operators alike! Built by the renowned Portland architect John Calvin Stevens, the Oxford House Inn sits in the center of downtown Fryeburg overlooking gorgeous farmland and valleys…and is perfectly centered between the Sebago Lake region and the bustling tourist destinations of
Oxford House Inn – a Very Viable Business Opportunity Read More »
click above for the online property presentation At a Glance: Total of 24 units (1 is being used as part of the owner’s quarters for 2nd bedroom) plus 1 retail building (being leased to a barber shop) with beautiful private woodedarea in back with stone fire pit. New roof 2006, new furnaces 2007, solar system
New 24 unit motel for sale in Bucksport, Maine. Financially Viable at $1.3m. Read More »
Blue Harbor House offers a genuinely hospitable and refreshingly casual atmosphere and relaxing accommodations in an idyllic coastal Maine village. They have intentionally created a relaxed and comfortable ambiance for their guest to enjoy. Don’t be fooled by their laid back style, however! Their attention to detail and luxury amenities ensure their guests have a quality
A great investment opportunity in a popular coastal Maine village! Read More »
In this industry we talk a lot about the lifestyle of being an innkeeper. But we also refer to the various types of businesses (inns/B&Bs, etc) as lifestyle, feasible or financially viable. Each of these are still a lifestyle, but there are various categories that generalize the level of revenue an inn might produce. “Financially
Lifestyle vs Feasible vs Financially Viable…Which is Right For You? Read More »
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.
Looking for a decent paycheck as a lodging/hospitality owner? Read More »
The rates we have been seeing in hospitality and commercial lending in Maine for years had been relatively and historically low for commercial loans. However, in recent times they have increased. Contact me to discuss current rates we are seeing with our hospitality lenders, and who is most competitive with their terms.
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 Broker and 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.
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