| Though the tourism business still flourishes in Maine, | | | | Most places have potential for further expansion, and |
| there are bed and breakfast owners who wish, for | | | | were closed for one reason or another. They include |
| various reasons, to sell their establishments. There are | | | | residential homes that can be converted into a bed |
| bed and breakfast inns available for sale throughout | | | | and breakfast inn, and vacant plots where new |
| the state of Maine. They include an all season 1790, | | | | facilities can be built. Many have surrounding woods, |
| Greek Revival-style home with five bedrooms on .90 | | | | landscaped areas or gardens around them. Most |
| acres for $725,000; an 1850, three bedroom inn on 4 | | | | buyers are people who wish to continue the business |
| acres for $229,000; a 1972, five bedroom inn on 1.25 | | | | or convert the property into an exclusive private |
| acres for $549,000; a 1928, 17 bedroom lodge on 1.77 | | | | residence. Many factors contribute to the value of a |
| acres for $1,650,000, and an 1810, sea captain's home | | | | property. Antiquity is an asset, but a buyer should first |
| with 9 guest rooms for $995,000. An 18-room inn in a | | | | look at the year the building was renovated and |
| small picturesque mountain village with an annual | | | | whether large amounts of money have to be spent on |
| turnover of $1.3 million is offered for $2.2 million. | | | | repairs. Considerations like location, view, amenities, |
| The list changes as transactions are concluded and | | | | furniture and fittings and goodwill also have an impact |
| new offers are posted. Most buildings have owner's | | | | on the price. A facility that has membership of Select |
| quarters either attached to the main building or | | | | Registry - Distinguished Inns of North America may |
| separate in the same compound. The properties can | | | | command a higher price. The value will be definitely |
| be categorized as fully developed facilities with | | | | higher if the property is listed in the National Register of |
| established client bases and marketing arrangements. | | | | Historic Places. |