From “Ask Kit!”:
Q: In valuing a former 5-BR B&B (business gracefully discontinued about 2 years ago due to owner’s outside job responsibilities), is there a rule-of-thumb discount as compared to a currently operating business?
A: I’m not aware of a rule-of-thumb for such a situation. It seems to me that at this point there is no business to buy, though there may be business assets (sign, website, phone numbers, etc.) to go along with the real estate and FF&E (furniture, fixture and equipment).
I’d like to hear from the B&B Brokers and Professionals on the list. What advice do you have in this case?