financially viable

Why don’t I see the Seller’s Mortgage on the Profit & Loss?

This is a very common question prospective buyers ask, hence the explanation here. The answer is simple. Are you (buyer) going to pay their mortgage? No! So you want to see the operating expenses. The gross income less operating expenses before any debt service (mortgage) or owner compensation equals NOI (net operating income). And from …

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Oxford House Inn – a Very Viable Business Opportunity

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 …

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New 24 unit motel for sale in Bucksport, Maine. Financially Viable at $1.3m.

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 »

A great investment opportunity in a popular coastal Maine village!

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 …

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Lifestyle vs Feasible vs Financially Viable…Which is Right For You?

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 …

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