Bed and Breakfast Inns for Sale by Price and
Poconos Bed and Breakfast Inns for Sale Listings
ca 1860 Italianate Townhouse presently used as a fantastic
Bed and Breakfast Inn. . Formerly known as the Cortwright
Mansion located on Millionaire's Row in the Heart
of the Historic District of Jim Thorpe! Features include
7-8 Bedrooms. 7 Baths, Courtyard. 2nd Floor. Veranda
and more! Within walking distance to downtown Jim
Thorpe with its restaurants and quaint shops, mountain
biking, white water rafting, canoeing and kayaking.
Close to Blue Mountain Ski Resort and not very far
from Big Boulder and Jack Frost ski ad summer resorts.
Most Furnishing included. Available through
co agency USA Realty 570 517 2428
An award winning historic Inn nestled in the heart
of the Pocono Mountains within 8 minutes of the new
Mt Airy Casino, Camelback Mountain Summer Waterpark,
Camelback Adventure Park and Camelback Mountain Ski
Resort. Property features two buildings with 16 guest
rooms. 100 Seat restaurant, Lounge and Pub. Property
features Pond and Stream. Includes 100 person tent
and storage buildings. Owner is a licensed Broker.
Available through co agency USA Realty 570
few things are important to running a successful bed and
breakfast -- the location and the number of rooms. Profitability
is tied to occupancy and the average daily rate. The more
desirable the tourism is in the are area for vacationers
and / or the closer the inn is to an urban area which draws
regular business travelers the greater the opportunity for
making a profit. A bed and breakfast with four or fewer
rooms is unlikely to be profitable.
to guests of all types and responding appropriately to their
needs - even the demanding ones - is essential. Home-cooked
meals and a neat, fresh and orderly Inn are prerequisites
for repeat customers.
of mouth advertising is important in a service business
like an inn, so, providing extra touches, like turned down
beds down and fresh flowers in the rooms, should be part
of the marketing stratagy. Find a unique way of makeing
a guest's stay memorable! Memory points like these encourage
word of mouth advertising.
with local attractions will create a reason for guests to
visit. If your visitors are familiar with the general area,
you may should create progams to highlight the unique features
of the local.
a Bed and Breakfast Inn
and Breakfast inns are an exciting new entrupaneural
kind of business springing up among homeowners all across
the country. If being domestic is to your liking, a bed
and breakfast business might be right for you. All it takes
is a few spare bedrooms, a interest in cooking, an engaging
personality and an enjoyment of tending to others -- and
you could be successful with a bed and breakfast inn business.
number of bed and breakfast inns in the US is increasing.
In 1975, there were about 400 bed and breakfast inns. The
number is over 15,000 now. The Professional Association
of Innkeepers International foresees a doubling of bed and
breakfast inns in the next century.
bed and breakfast inn offers customers a homelike, cozy
atmosphere at about the same or slightly lower cost as a
hotel. Prices per night range from a low of $25 to $200
or more. The appeal of a Bed and Breakfast Inn to travelers
and tourists is a quiet "home-like" place to stay.
and breakfast inn owners can live in a desirable location
and spend much of their time in the home that they work
hard to decorate and maintain. Tose with children at home
and have the children involved in the business. Inn owners
have the opportunity to meet interesting people from around
the United States and possibly the world. And the expenses
of running a home can be tax deductible, i.e., cleaning
supplies, car expenses, insurance, eating out, magazines,
in mind you will need to be at home all day seven days a
week, and near a tlephone at all times. Any time away, like
a day off or a vacation, needs to be well planned with a
reliable replacement hired.
investment for a bed and breakfast inn will vary substantially
depending on if you already own the home or not, and the
renovating costs in the area in which you business is located.
Expect to pay from as low as $10,000 per room to as high
as $40,000 per room in renovation costs of your existing
home. If you're buying a home to convert into a bed and
breakfast inn, the costs may be as high as $70,000 per room,
again depending on where in the country your business is
rates will also vary due to geographic location. According
to the Professional Association of Innkeepers International,
the standard rate ranges from $100 to $120 per night in
the northeast and west. In the Midwest and south, rates
are in the low $90's. Corporate rates are typically about
20-25% of the standard rate.
Average occupancy rates nationally for bed and breakfast
inns are at about 38%, with as high as 66% in the west,
51% in the northeast, and 45% in the south. Rural areas
tend to be about 45% and urban areas about 65%.
Professional Association of Innkeepers International suggests
3 possible income scenarios for bed and breakfast inn owners
to consider; 1-4 rooms at a 44 percent occupancy rate will
generate a gross income of about $42,000 throwing off a
net loss of $8,000; 5-8 rooms at a 46 percent occupancy
rate will generate a gross income of approximately $111,000
for a net profit of $12,000; 9-12 rooms at a 51 percent
occupancy rate will generate a gross income of about $245,000
for a net profit of $63,000.
you start get listed on as many travel and guide websites
as possible. Contact all of the local website owners, local
travel and reservation agents and become a part of their
regular referrals. For their services, they will expect
to be paid between a 10 and 35 percent commissionte.
should have a small sign in front of your house. It should
say BED AND BREAKFAST - Inquire Within or Call 555.123.1231
(your local number) and should include your website.
newspaper advertising, a similar listing in the personal
column of your local paper, particularly on Thursdays, Fridays
and Saturdays, will be all you'll need. In yellow pages
of the local telephone and business directories, go with
a small display ad that describes in greater detail the
comforts and pleasures of your Inn.
sure to list your inn with all the travel agencies in your
tourist region. A brochure about the inn will give travel
agents reasons for sending visitors your way. At the same
time, listing your services in a number of national travel
websites including those that cater to women - will bring
customers in for you.
your inn with a broker usually does not cost anything up
front, but Brokers will expect a certain percentage - usually
about 25% of the total bill. This arrangement applies with
travel agents who usually charge 10%.
in travel magazines and special sections of newspapers and
other periodicals regularly will also support your goal
of a steady stream of customers. And look for public relations
opportunities as well, like feature stories on television
and in print geared for a vacationing audience or some related
topic. Get in the habit of sending our press releases to
your local media. It may lead to valuable and inexpensive
with word of mouth advertising being so important to a hospitality
business such as this, the more you do to delight your customer
while they are within the walls of your inn, the bigger
your marketing army. If your customers have a special experience,
you can bet they'll tell everyone at work as well as all
their friends and families about it. And keep in touch with
them. You can solicit their repeat business through regular
mailings offering special discounts and promoting special
events in your community that they will want to attend.
you are giving this business serious consideration, be a
guest of several bed and breakfast inns. Read tourist and
travel oriented books for reviews and recommendations. Notice
what's considered "good" and what's not.