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BUYER INFORMATION

BUYING A HOSPITALITY PROPERTY

Buyers of hospitality businesses need assistance identifying and purchasing properties that fit their financial and lifestyle goals.  Hearthside Group brokers are uniquely qualified to guide a buyer’s purchase from initial search right through to ownership. 

The Hearthside Group understands the buyer journey for hospitality properties better than any other real estate company.  Our lifelong experience with the hospitality and real estate industries guides our work with buyers ensuring their deals make it to the finish line.  We’ve seen it, been there, done that.  Our expertise adds tremendous value to the buyer journey, whether the buyer is a client or a customer.

BUYERS CHOOSE THE HEARTHSIDE GROUP

BECAUSE WE OFFER…

  • Unsurpassed knowledge of the current hospitality marketplace
  • Valuation models and processes that work
  • Assistance in differentiating between opportunities to help buyers make good decisions
  • Analytical skills specific to the hospitality industry
  • First-hand experience with hospitality operations, marketing, and finance
  • Intimate knowledge of the lending process
  • Ability to overcome obstacles
  • In- house educational resources offered via phone, Zoom, group and private seminar  
  • Professional real estate brokerage licenses maintained in Vermont and New Hampshire
  • Consulting services available in all other States
  • Generosity with all we bring to the table
  • Integrity
  • Ongoing support offered to buyers even after a deal closes

IS INNKEEPING JUST A DREAM, REALITY, OR BOTH?

BUYER SERVICES

First Steps

Innkeeping is not for everyone.  We know that.   The Hearthside Group provides aspiring innkeeping seminars covering such topics as innkeeping lifestyle, operations, marketing and financing sprinkled with real life examples from their own innkeeping experiences.  See our Seminar page for more information.

Ready To Buy?

Ready for the next step?  Let us help you.

Buyer Representation Program – How do I purchase the right inn for me?  Through  The Hearthside Group’s buyer representation service, we will analyze your buyer profile, help develop an inn model that maximizes your skill sets and prioritized needs, find appropriate inns (anywhere in the country), and then guide you through the intricate sale process from the initial offering, negotiations, financing, inspections to the closing sale of the inn.

Valuation Services

No prospective innkeeper wants to overpay for a business.

Get a valuation first… before you put in an offer!

Hearthside Group can provide valuation services that determine the true value of an inn, not the asking price.   Our service includes reviewing the financials of the business, viewing the inn and determining values for the building, furnishings, other assets, the marketing and operational performance and the strength of the destination area.  This process helps to determine not only the value but the opportunities for you should you buy the inn.

LET US HEAR FROM YOU!

If you’re interested in working with The Hearthside Group, get in touch with us so we can answer any questions you may have about buying or selling hospitality properties. 

We look forward to helping you navigate the hospitality real estate marketplace.

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