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At BusinessXchange it’s all very positive! 

Since my last blog about the sales market, the buyer enquiries have continually increased, and there doesn’t seem to be any let-up in the number of buyers, but also how many serious buyers are around – it’s GREAT!

We at BusinessXchange have had another completion with a business transfer at a beautiful bed & breakfast in Torquay, the Glendower, on Falkland Road.  The new owners are settling in and finding their feet – I notice they are getting some great reviews already!  And the previous owners are now happily settling into a well deserved retirement.

And, the good news here is that we have agreed SIX SALES in the last SIX WEEKS!!

These sales are mostly with bed & breakfast properties in South Devon and the buyers are looking for their new life in hospitality, being based on the coast in the English Riviera – Who can blame them.

Moving forward we have taken on several new bed & breakfast businesses and a self-catering business which is getting lots of enquiries too.  In fact, one of the new B&B’s to market has already been agreed in a sale.

It seems that many people who have had dreams of running their own business and re-locating to the South West have been spurred on by the pandemic and their enforced lockdown, giving them time to reflect on their lives and make some serious decisions.

If I can help with your dream of running a bed & breakfast or hospitality business, close to the wonderful Devon coastline, please do let me know. It’s a life I have experienced myself and I can help you with first hand advice and knowledge.

Lyn Milligan

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