Case Study: Station Inn Bed and Breakfast secures financing and a smooth ownership transition with SCORE Mentors Berks and Schuylkill Cty

Station Inn Bed and Breakfast secures a loan in weeks with SCORE Mentors Berks and Schuylkill Cty

Station Inn Bed and Breakfast, owned by Leah and Alex Lang, faced the challenge of purchasing and securing financing for the business after the passing of its previous owner. They lacked experience in operating a bed and breakfast and needed to create a business plan acceptable to both a lender and the seller. They turned to SCORE Mentors Berks and Schuylkill Cty for assistance in navigating this complex acquisition process.

SCORE Mentors Berks and Schuylkill Cty provided guidance by suggesting the couple use a Pitch Deck to build their business plan. This approach was instrumental in helping them obtain the necessary loan. Working with SCORE gave the owners the confidence to move forward, and they successfully secured the deal. With additional community support, they were able to continue operations, accept all prior reservations, and begin working to increase bookings and upgrade the facility.

Station Inn Bed and Breakfast