INNSpiredINNS | INNS FOR SALE

RESOURCE DIRECTORY

B&B RESOURCE DIRECTORY

ACCOLADES - TESTIMONIALS

Brad Rogers
". . . I would recommend them (Mike and Rhonda Horton) to anyone in need of support in the inn-keeping profession. The pride they take in their busienss endeavors, the expertise they exhibit and the professional
manner in which they work is clearly evident to those who have an opportunity to working with them. . . “

Brad Rogers
Senior Vice President
Mountain 1st Bank & Trust

Bruce Tompkins
"I'm very pleased that the Mary Mills Coxe Inn is no longer part of my real estate portfolio. I appreciate your diligence during the marketing process. I have had the inn listed for nearly five years (approximately two years prior to you) and never had an offer or had a serious buyer. Since your involvement, I have had numerous inquiries and some offers. When the inn sold, there were two serious offers on the table --- neither of which had a second broker involved. .." "Additionally, during the due diligence phase, you were very helpful in your legwork, fact finding and question answering for the prospective buyer. In other words, I really feel that you earned your commission. If I had another inn, I would certainly employ your (Mike Horton's) services."

Bruce Tompkins
Previous Owner
Mary Mills Coxe Inn

Carl Ervin
Mike, just what I had hoped for, your data and information gives me the insight I need. I may have to rethink this thing, there are a couple of more inns in the area that I would consider, however, I may start from scratch. If that be the scenario, I will definitely enlist your help. I will keep you in the loop. Again, the report is outstanding, I appreciate your help!

Best regards,

carl

Chef Michael
"During my career I have had the opportunity to work as the Executive Chef in many high profile and award winning resorts around the United States. These have included places like Highland Lake Inn in Flat Rock,
NC and over the past six years I have had the privilege of being associated professionally with Michael and Rhonda Horton. . . I have much respect for both Michael and Rhonda, and I feel blessed to have had the opportunity to both work with and learn from them."

Chef Michael
Inn on Church
Formerly Chef at The Woodfield Inn

Chris Havens- Riven Rock Ranch
"The Horton's were able to come in, do a site visit, and give me timely information on the viability of turning a working ranch in Comfort, Tx into a ranch/resort with guest rooms and special events facilities. They gave me specific tasks that needed to be accomplished along with an expense budget and a breakdown of what their consultant costs would be. They kept on budget, and Rhonda's involvement was crucial in creating the resort I desired. Not only was their knowledge and expertise invaluable, but Rhonda's hard work during the transformation was impressive."

Chris Havens
Riven Rock Ranch, Comfort Texas

Madison Inn & Restaurant
Innkeepers, are you thinking of selling your Inn?

Speaking from experience, we can strongly recommend Innspired Inns as the brokers to handle your transaction!

Not only are they extremely knowledgeable in the industry, but always just a phone call, or email away... should you have any questions or concerns during the process.

Our Inn was marketed beautifully, and shown promptly to prospective buyers. Dealing with these folks was a distinct pleasure from start to finish! Mike and Rhonda were with us every step of the way...
through the tedious, and sometimes nerve racking transition... and we could not have done it with out them!!

If you are considering selling your Inn, do yourself a favor and don't hesitate to give them a call.... we did.... and couldn't be happier!

Bobby Cheshire /Scott Holtz
(ex) co-Owners of The Madison Inn Black Mountain, NC

Rick Merrill
"Mike and Rhonda Horton have proven ability to take an inn with potential from rough and losing money to polished and profitable. They have done it with Woodfield Inn and again with Inn on Church St., formerly the
Hendersonville Inn."

Rick Merrill
Accredited Land Consultant
Beverly Hanks and Associates, Realtors

Stephanie & Henry Batha
"Mike's hard work and commitment was instrumental in our purchase of the Herren House Bed, Breakfast and Restaurant in Waynesville, NC. He handled his dual agency role professionally as we always felt he had the best intentions for both us as the buyers and the sellers. Mike is fun to work with and always maintains an even keel, even during the more stressful times of the negotiations and closing."

Stephanie and Henry Batha
Herren House Bed, Breakfast and Restaurant
Waynesville, NC

Terri Hicks
"Michael and Rhonda Horton are active volunteers in this community. Both have made valuable contributions on government boards and nonprofit boards of directors. Their unselfish commitments have
been great examples to many."

Terri Hicks
Former Mayor
Flat Rock NC

Tom & Jenny Halsey- Former Owners of Herren House
August 5, 2009

To Whom It May Concern,

We have been innkeepers of the Herren House in Waynesville, NC for five years. Any aspiring innkeeper, who properly and exhaustively conducts their research, will always see that this mandate must be included in the business plan:

HAVE AN EXIT STRATEGY

When it was time to initiate our exit plan we engaged the services of the realtor whom we used for the purchase of the Herren House. After the newness of the listing wore off, prospects coming through the door came to a stop. Our pleas for more advertising, better marketing, and qualified prospects fell upon deaf ears. When our agent (who we liked) left their employ, we moved our listing and placed it with InnSpired Management, Inc. dba InnspiredInns.com, owned and operated by Mike and Rhonda Horton.

What a world of difference! Mike prepared and implemented a comprehensive sales and marketing strategy. He called every week with an update. Every suggestion that we made regarding additional advertising vehicles, Mike immediately put in place. Any idea we had to help keep a prospects interest, Mike incorporated in his follow-up discussions. He would try new and experimental marketing tactics such as making a ‘For Sale’ video to air on his website.

The crunch time is when a serious prospect is ready to move forward. The most sensitive and critical period in the entire process is the time between preparing an offer and the closing. This is not the time to have an average sales agent, or a timid one, conducting business for you. Nor is it a good time to be selling the inn yourself as a FSBO. Mike threw himself into the process and knew exactly when to be bold and assertive and when to pull back. A great realtor is comfortable wearing many hats. Mike acted as an advisor, a stress counselor, a financial guru, a best friend, and a sounding board for rants and raves.

A great realtor also is well connected to professionals who can make deals happen – inspectors, bankers, appraisers, attorneys, politicians, consultants, and other realtor's. InnspiredInns.com has relationships with these experts.

We cannot recommend another realtor or another company any more highly. Mike and Rhonda made our deal happen through their skill, professionalism, work ethic, honesty, enthusiasm, hard work, intuitiveness and unparalleled knowledge of the inn keeping business. Hands down, having them on our side was the sole reason we sold our inn during these difficult financial times.

We forever owe them a debt of gratitude.

Tom and Jenny Halsey

ACCOUNTANTS

Accounting Professionals
Payroll, general accounting.
(828) 253-9111

Webb & Senerchia, P.C.
(828) 696-2324

APPRAISERS

BRB Appraisal
828-693-1300

David Avery, Avery Appraisal
828-698-1214

Don Read
828-775-7323

Kevin Rimbault
828-684-5115

Mark Morris
828-252-3040

ATTORNEYS

Prince, Youngblood & Massagee
Sharon Alexander
828-692-2595

Van Winkle Law Firm
828-697-6196

B&B VENDORS - All Services

Fuller's Soaps
(800) 323-1209

Greenwich Bay Trading Company
800-323-1209

Hotel Supply Company
631-367-2005

Resnexus
On line reservation service

Rez Stream
On line reservation systems

Rezovations
On line reservation systems

SuperInn
On line reservation systems

The Turkish Towel Company
866-631-1676

BED & BREAKFAST ASSOCIATIONS

NC Bed & Breakfast Assn.
A statewide association of more than 125 lodging establishments dedicated to ensuring the highest standards in quality, safety, housekeeping, food service, comfort and hospitality for the traveling public.

Professional Assn. of Innkeepers International
PAII is the largest association of innkeeping professionals and has been serving bed-and-breakfast and country-inn owners for over 15 years.

Select Registry
No other online directory or organization of innkeepers has a comparable inspection program. With its rigorous inspection program, Select Registry has established quality as a hallmark of its member properties.

BUSINESS PLAN PROGRAMS

Business Plan Pro

CONSULTANTS

InnSpiredINN Consulting
Rhonda Horton

FINANCING/ LENDERS

Allied Home Mortgage Capital Corporation
Ted Prichard
828-233-1300

Asheville Savings
Bradley Hines
828-250-8474

Bank Of Asheville
Buddy Greenwood
828-225-8022

Bed & Breakfast Financing. Com
Richard K. Newman
877-595-2120

Carolina First
Latrelle O'Cain
828-6923-8858

Diamond Financial
Scott Cohen
704-919-3565

Forest Commercial Bank
P. Kelly Leonard
828-398-2182