ASPIRING INNKEEPER SEMINARS

SUN. NOV. 5th/GRAND RAPIDS, MI: Michigan Lake to Lake B&B Association will be held at the Doubletree by Hilton. I will be presenting at this session. Stay tuned to the MBBA conference site for more info.  SUN. DEC. 3rd/LAKE GENEVA, WI.:  Wisconsin B&B Association will be held at: The Abbey Resort in Fontana, WI.  I will be presenting at this session. Stay tuned to the  WBBA conference site for more info. SAT-SUN. JAN. 6-7; ORLANDO, FL:  Professional Association of Innkeepers International will be held at Rosen Shingle Creek. Stay tuned to the PAII conference site for more info.

B&B Conferences

SUN.- TUES., Nov. 5-7/GRAND RAPIDS: The 30th Annual Innkeeping Conference of Michigan Lake to Lake B&B Association will be held at Doubletree by Hilton in Grand Rapids. I'll be exhibiting at the conf. Stay tuned to the Lake to Lake site for more info. MON.- WED.,DEC. 3-5/LAKE GENEVA, WI.: The 29th annual  Wisconsin B&B Association will be held at: The Abbey Resort in Fontana, WI.  I will be presenting at the conference Stay tuned to the  WBBA conference site for more info. SAT-TUES., JAN. 6-9, 2018/ORLANDO, [...]

NEW INNKEEPERS

In March, 2017, Dan & Amber Genzink bought my Heritage Manor Inn listing In November, 2015, I assisted Al Heminger (2012 Lake to Lake Innkeeping Seminar Graduate) and his brother Tim in the purchase of the Twin Gables Inn/The Hotel Saugatuck, Saugatuck, MI. In August, 2014, Bob & Ellen Alderink (2013 Lake to Lake Innkeeping Seminar Graduates) bought my Ludington House B&B listing , Ludington, MI. In May, 2013, I assisted Al & Kara Heminger (2012 Lake to Lake Innkeeping Seminar [...]

INN SALES

The following Michigan inns have sold:Lamplighter Inn, Ludington;  Victoria Resort B&B, South Haven  Heritage Manor Inn, Fennville; Looking Glass Inn, Grand Haven; Gingko Tree Inn, Mt. Pleasant;  Kingsley House, Fennville;  Boyden House , Grand Haven; Outback Lodge, Stanwood; Newnham Suncatcher Inn, (house rental) Saugatuck; Chelsea House Victorian Inn, Chelsea; Hall House, Kalamazoo (house); Hart House B&B, Hart;Twin Gables Inn/The Hotel Saugatuck, Saugatuck;  Sylvan Inn , Glen Arbor; Khardomah Lodge, Grand Haven; Sunburst B&B, Ludington (house); Crimson Cottage, Holland (house);  Chicago Pike Inn, Coldwater (house) & [...]

LOCATING INNS FOR SALE

The Inn Broker, Inc is the premier B&B broker between the Rockies and Appalachian Mtns. I can help you locate the Michigan inn of your dreams. Don't waste your time contacting local listings directly. I can set up an itinerary of inns to visit for you. We usually discuss this itinerary of visits beforehand so you have a better idea of what you're going to learn on your visits. I track most of the B&Bs and inns that are listed [...]

THE INN BROKER, INC. BUYER LOYALTY INCENTIVE

Loyal customers should be rewarded! If a B&B buyer will exclusively use the Inn Broker, Inc. in the purchase of one of my $1M+ featured listings, they will receive a $5,000 Loyalty Incentive payment at closing! The Loyalty Incentive is $2,500 for my featured listings that are sold at less than $1M! The Loyalty Incentive for non-featured listings (another broker’s listing) is $2,500 for $1M+ listings & $1,250 for listings below $1M. Let Bob Fuehr put his 26+ years of [...]

B&B BUYERS BEWARE!

When I started the Inn Broker, Inc. in 1990, B&B sellers did all the financing for buyers. At that time, banks thought B&Bs were a fad. In the next decade, banks were more willing to lend on inns. Within the last few years, there have been a number of totally seller financed sales. The sale becomes greatly simplified by limiting the parties to just buyer and seller with no lender. This also usually provides a lower downpayment and better loan [...]

ACQUISITION PROTOCOL

While buying a B&B is a lot like buying a house, there are some differences. If you’re more than 6 mos. from making your move, you should be reading the B&B books and magazines, attending a B&B seminar, visiting B&B’s as a guest, vacationing in your area of interest, and volunteering your time at a local B&B to experience the "feel" of innkeeping. Once you’re within 6 mos. of moving, you should put your house up for sale and begin [...]

DO I NEED A BUYER’S AGENT?

Bob Fuehr, The Inn Broker, Inc. works in Michigan as a seller’s agent or transaction coordinator, should I, as a buyer, be represented? Yes, you should be represented by expert counsel- such as an attorney, appraiser, accountant and home inspector. These professionals should be providing professional advice from which should assist you in making a business decision on the purchase of an inn. Real estate agents should not offering advice in those areas unless they have some specialized training or [...]

SUPPLEMENTAL INCOME NEEDS

Most innkeepers have some type of supplemental income in addition to their B&B income. Since many inns average 20-40% occupancy, there are many low season opportunities to have outside commitments. In an average setting, most inns won't cash-flow if they are less than 5 or 6 rooms. However, bear in mind that a large portion of your daily overhead expenses such as mortgage, insurance, utilities, phone, etc. can be paid for by pretax income from the inn which results in [...]

CONTACTING ME: If you cannot find the information you are looking for please request more info on B&B’s with our convenient Request for more info, call or fax 800926-INNS (4667) or 269649-5556 anytime, Email, by mail at 11368 E. Indian Lake Dr., Vicksburg, MI 49097. I’m usually in during the P.M. Regardless of your communication mode; I am committed to respond within 24 hours of the request!

To be added to our print mailing list and to receive our flyers contact Bob Fuehr at Inn Broker Inc. by completing Request For More Info, email or by calling 800/926-INNS (4667) or 269/649-5556. You can add your email to our email mailing list by signing up at the bottom of the Inn Broker homepage: innbroker.com