Selling a Guest House – step by step

 

Selling your Guest House or B&B

A step by step guide

Start with a free expert valuation here

We've been successfully selling B&Bs and Guest Houses since 1951. The market is always active and properties generally move relatively quickly.

Valuation of your business will depend on a combination of property value and business. If you have regular visitors we'll want to highlight this in our appraisal. We're known for honest and realistic valuations, and this will help you in moving smoothly to a successful sale.

Our agents are familiar with the business and understand what prospective buyers will want to know, and with how their bank will approach a valuation for financing.

Get started
Contact us with your details (using the form opposite).We'll call you for basic business information, and arrange a proper appraisal and valuation of your business. We will need to go over your books.

For smaller businesses there is no charge for this service.

Before we begin to market your business we will agree with you on a proper and realistic value for your business - one that we honestly feel we will be able to achieve.

Sadly, less ethical agents make a habit of giving inflated valuations just to sign up clients, and collect big upfront fees.

We don't operate that way. Our appraisals are realistic, based on the facts and figures that any buyer will demand. Our sign-up fees are modest. There are no 'add-on' fees.

We make our profit when your sale goes through, so we share your motivation for a good and timely outcome.

Our contract with you is simply written and straightforward. It fits on one sheet of paper. There's no small print.

It appoints us as your sole agent for a given period, usually six months. If a buyer is found in that period, you agree to pay us a percentage of the sale value as commission, when the sale is completed.

Our promotion is done through our state of the art digital platform, matching thousands of buyers with sellers.

We promote your extensively to our own database, through the regular 'Business for Sale' channels and websites, and with social media.

All brochures, colour photography and advertising included in our initial fee.

Once we've started marketing your business, you'll want to know how it's going.

We provide regular updates on our actions, and on the level of interest and response we get. You'll also be made to feel welcome if you want to call us and check.

Just like a house sale, the final details can become frustratingly slow.

We'll do everything we can to predict what questions might come up from the solicitors or lenders, or landlord, or accountant. We'll ask you for documentation in advance if we think it might be needed. We'll also call the lawyers if they start to drag their feet.

Only on completion, when the solicitors release your funds, is our commission paid. By that time, we hope you'll be enjoying a quiet celebration