Is It Better to Buy An Existing Bed & Breakfast or Start It New? | Ep. #295

Published: June 2, 2022, 4 p.m.

b'Some people preferred to buy an existing bed & breakfast so they could open immediately, others wanted to design their own from scratch.

What\\u2019s the best way to go? I\\u2019ll discuss the pros & cons.

Whether it is better to buy an existing bed & breakfast or start new is a question I\\u2019m often asked. \\u201cWhat are the pros and cons of buying an established B&B versus setting one up from scratch?\\u201d

In this episode, I\'ll cover the pros and cons of both.

Your first consideration has to come down to your personal situation:

\\u2022 Which will be more expensive?

\\u2022 What is your time frame?

\\u2022 Can you afford to wait to start making an income?

\\u2022 Do you want your own personal take on your property?

\\u2022 Are you alright taking some risks?

Continue reading and I will go over some of the most important pros and cons of buying an existing bed & breakfast vs. starting one from new...

Continue reading and I will share the results of the survey and how you can benefit...

\\u21d2 TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY DEVELOPMENT:

https://keystonehpd.com/is-it-better-to-buy-an-existing-bed-breakfast-or-start-it-new-295

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