A bed and breakfast happens to be a small establishment which operates within the lodging industry and, it actually draws in a lot of customers, every single year. It offers the guests an opportunity to spend the night in a setting that resembles a home. Later, they will be given a wonderful breakfast in the morning. A lot of these businesses are actually owned by private families where they actually host customers on their own property. Most properties will be able to accommodate guests with a private bathroom and a private bedroom attached. The guests also have access to coffee and tea services. In some cases, the guests will have dining services available in the dining room. It is very rare that bed-and-breakfast services offer room service.
- You can build a bed and breakfast and you can have it any way you want.
- You need to understand what the market wants, if you want to be successful. You will have to aim your business model towards people who actually want to stay in bed and breakfasts.
- You will be creating a business which will actually allow you to work at home. Your house will be your business. At least 4 out of 5 bed-and-breakfast owners actually live on the business property. This would mean that, you will be able to charge a daily rate of at least $150, for every single room that is being used. Depending on the size of the room and the amenities that you offer, you can charge more than $200, if it is a large room. It means that you will be earning at least $6000-$7000 per month. This is definitely considered to be comfortable leaving for something that you are very passionate about.
- You also need to understand that there is very minimal initial investments that are required by you, because you already own the property. The primary cost of a bed-and-breakfast would be remodelling. But, if the property is already in your name, all you will have to do is do some cleaning and some restructuring, so that it resembles a bed-and-breakfast.
- You are your own boss and you can work how many ever hours you want. Nobody can fire you. You can also pick your own schedule. If you want Sundays off, you can take Sundays off.
- You decide who stays in which room. You will also be in control of all of the cooking. You will be managing the entire menu.
- You will also get to socialise with your guests and in a lot of cases, this is an amazing thing, because you will be seeing people from all around the world and you can have some very interesting conversations with these people.