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Sell your Guest House or B&B the Hilton Smythe way

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Recently sold guest house/bed and breakfast businesses

Sold The Tennyson Bridlington, East Riding of Yorkshire
Sold Carpenters B & B Brize Norton, Oxfordshire
Sold Borderers Guest House Brecon, Powys
Sold Old School Guest House Cambridge, Cambridgeshire

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Are you thinking of selling your guest house, bed and breakfast or hotel?

You’ll need a leading business broker with a brilliant reputation to guide you through the complex process of selling a business. If it’s time to retire or you’re looking to relocate, the Hilton Smythe team has access to hundreds of buyers looking for a business just like yours.

 

Why sell?

The hospitality industry is an exciting place to work, however long hours and working over the public holidays can take its toll. Running a small hotel or B&B is a huge commitment – they are open 24/7 365 days a year – and at some point you may need to take a step back. Whether it’s time to retire and take a permanent break from running a business, or you decide to move into another sector and start a new career, once you sell your asset you’ll have cash to spend however you decide.

Business owners decide to sell for multiple reasons – but it’s a tough decision to make. You’ve built up your business in blood, sweat and tears so it can be hard to let go! Getting an accurate valuation of your business will help you make the right decision.

 

Choosing a broker

If you’ve made a definite decision to sell up, then it’s time to choose a trustworthy business broker to take care of the sale process. We understand it’s a daunting decision so make sure you have all the facts before signing up with a broker. Consider how many registered buyers they have and if they are relevant for your type of business.

When comparing brokers it’s also essential to compare fees – after all, you don’t want to pay more than you have to, as fees can eat into your overall sale price. Beware of how brokers choose to set out their different charges – they may have separate fees for advertising or financial and legal services, whereas other agents may give an up-front all-inclusive fee. Watch out for cancellation fees too – at Hilton Smythe we don’t have to charge cancellation fees because we’re confident you won’t want to go elsewhere!

 

Tailored advice

We recognise that all businesses and business owners are completely different, and need a wide range of advice and support. Our advisors are experienced in a vast range of sectors and have sold businesses of all sizes, so your hotel or B&B sale is safe with us. Throughout the entire process we’ll provide tailored advice and ensure you understand each stage of the sale. Our trusted partners, including solicitors and accountants, are also on hand if we need specialist support.

Have you ever wanted to wake up and smell the coffee, rather than serve it?! Now’s your chance – enquire today about selling your B&B or guest house with Hilton Smythe.

Read some of our helpful guides and blogs

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How to value your business

19th June 2017

By Gareth Smyth, Group Managing Director of Hilton Smythe   There are […]

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Telling your staff you’re selling up

8th August 2016

Our advice on TUPE Just like your regular customers, your staff are probably one […]

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Should you sell your business with a business broker?

10th June 2015

Selling your business can be a daunting and scary task, however it […]