Thursday, July 16, 2009

Options

Today we finally had the opportunity to review the inns-for-sale-websites sent to us by our bed and breakfast broker (there's got to be a shorter, better name for that job). Unfortunately, these sites arrange the inns by state, so that you need to know the various areas within the state to know if the inn is in the location you want. Make sense? So, after scrutinizing the sites several times over we've developed a list of five inns to see when we visit in two weeks. FIVE. That's it. AND that includes one inn that is WAY out of our price range and two that are quite likely bad business opportunities. Sigh. The "expensive" one is a fancy shmancy boutique inn in Napa. It's lovely. It's perfect. It's what we would want to end up with (not start with). The two smaller inns include the historic inn, which we discussed in an earlier post, and a four room inn, which is simply too small to be profitable for us. All this leaves us with the two possibilities we identified initially, both in Sonoma. Though one has an unfortunate name, both are a decent size (six to seven rooms each) WITH space for expansion. We plan to see all these when we visit Napa, but it seems that our biggest challenge in opening a bed and breakfast may simply be finding one to buy.

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