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When Should You Buy That B&B?

May 6, 2008
It seems like more and more for sale signs are cropping up in front of bed & breakfast locations these days. That is sad to see that someone has likely lost their dream of having a successful business in this market. Sometimes a bed & breakfast is for sale due to the owners retiring but that isn't the majority of the cases. You definitely don't want to invest your time and money in a bed & breakfast that is for sale without carefully considering your options.

First, you need to find out exactly why the bed & breakfast failed for the previous owner. If it is the location then there is absolutely nothing you can do about it. If is was how they took car of the place or the quality of the service available then you can make some significant changes that will be appealing to customers. Take a look online and find out what people have to say about the bed & breakfast and you will learn plenty of the issues you face.

There are plenty of things you can do to update the look of an older bed & breakfast indoors and out. Many of them don't take too much time or money either. A couple of good coats of paint for the interior and the exterior can really make it look more appealing. Consider adding a nice fence to the yard if there isn't one in place. If a fence already exists then you need to consider fixing any bad spots and then painting it if it is made out of wood.

You should look for things that need to be done both inside and outside. The appearance of the outer part of your bed & breakfast will either attract people or turn them away. They want a comfortable and calm atmosphere so make sure you give it to them. They will love some flowers in the yard and a nice porch swing. The inside of the bed & breakfast will likely benefit from some new curtains, the furniture being updated, and some modern day comforts being added. You can add some personal touches such as a lovely note to welcome each guest or a fruit basket in their room along with a bouquet of fresh flowers.

Many times you will want to do changes in the kitchen as well. This is a vital room of the home for your business operations. Make sure you have enough room to make food, seat your guests, and that the atmosphere is very nice. Adding a new lighting system or a gorgeous chandelier can be a great way to give it a new look. You can change the counters and paint the cabinets as well.

Since you have to get new people to your bed & breakfast you need to advertise what you have to offer. You will also have people that already know about the location and they have not been impressed. This is why you want to let them know the bed & breakfast has a new name, a new face, and plenty of new experiences to offer. Discount coupons and free drawings may be a way to entice guests to see what you have to offer them.

Your information needs to emphasize that the bed & breakfast has been redone. You also need to advertise that it has new owners. Once people see for themselves what you have done they will be very impressed. Maybe you can hold an open house locally with a drawing for a free weekend stay there. The more people you can get to provide a positive response to your bed & breakfast the better off it is going to be.

Make sure you also advertise online so that people can consider your bed & breakfast when they travel the area. Don't forget to include plenty of great photos that show both the inside and outside of your bed & breakfast. It is very possible for you to be able to turn this unsuccessful business into one that is very prosperous for you. The seller will be glad to be out from under it so you can likely get an excellent deal for the property too.
About the Author
Patti Rob has some new, profitable ideas for starting a Bed and Breakfast. This information might give you a foot up when you consider buying a B&B.
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