Belfast Telegraph

Figures showing that B&Bs could be a bad investment

By Staff Reporter

A B&B may seem like an attractive and lucrative place in which to invest but figures show it could be among the most expensive types of small businesses to buy.

Figures from Direct Line for business insurance show that for every £1 of turnover generated, bed and breakfasts have a purchase value of £4.49, compared to the average of £1.74 for the average UK small firm.

Second most expensive are care homes with a sale valuation of £2.56 per £1 of turnover, followed by nurseries at £1.91.

Belfast Telegraph