The Boiler Room Blog

Advice on commercial water heater selection, maintenance and safety issues for businesses that rely on a steady supply of hot water.

sell my restaurant

Preparing to Sell Your Restaurant – What You Should Know

The decision to sell your restaurant isn’t likely to happen on a whim. It takes careful planning, as well as time to get your affairs in order.

Every restaurant owner thinks about selling at one time or another. But even if your restaurant is a red hot success and buyers are lined up at the door, figuring out how to sell a restaurant isn’t as simple as selling a home or a car. It often takes several months to make a sale, and it can pay to start preparing a full year in advance. Understanding how to sell a restaurant is about more than just having your paperwork in order and upgrading a few appliances. It takes marketing savvy, knowledge of your business and sometimes even professional help to get your restaurant in shape to sell and fetch a price that will make you happy.

Read the full post here…

housekeeping tips

Housekeeping: Overlooked Tasks When Cleaning Guest Rooms

Your housekeeping staff works hard to ensure the best experience for your guests.

Humans are a messy species. Your housekeeping staff likely has some fascinating anecdotes about the strange things left behind by guests at your hotel. They should have a checklist of all the common things they need to do after a guest checks out, like change the bedding and towels. But there are a lot of other small things that should be considered while your staff is in the room. These small tasks can add up to big savings by keeping guests happy and avoiding the hassle of switching rooms or offering refunds should the guest find something amiss.

Read the full post here…

retirement communities

Naturally Occurring Retirement Communities

A well-built community makes your property more than a building; it makes it a home for tenants and a hub for an excellent reputation.

Although the common belief is that tenants of a certain age seek to move to warmer weather or assisted living facilities, that’s not always the case. Naturally occurring retirement communities, or NORCs, have been discussed by urban planners since the 1980s. Much like neighborhoods that grow around ethnic and economic backgrounds, these communities grow around residents living and ageing together in the same building for many years. Many of these communities have developed programs to offer social and healthcare services to their members, but you can make your building more attractive to such a community by offering amenities and services that appeal to their demographic. The twist? Many of these features also appeal to younger tenants, too!

Read the full post here…

hotel restaurants

The Importance of In-House Restaurants To Hotel Profits

Take the time to go beyond customer expectations. Hotels CAN offer much more than great room service.

On the list of reasons to stay at your hotel, your restaurant is likely ranked pretty low. But it doesn’t have to be that way. Hotels are expected to have restaurants even if most guests think they only need them for breakfast and room service.  The rooms division of a hotel will always be the leader in profitability but other revenue streams can make the difference between scraping by and looking to expand. Taking the time to make your hotel’s restaurant stand out can mean not only keeping more guest dollars in house, but representing your local community.

Read the full post here…

pet-friendly apartments

4 Pros (and Just a Few Cons) of Pet-Friendly Property Management

Many apartment and home rental units are going pet-friendly, instead of pet-free.

For many years, our four-legged friends were foes of landlords, mainly due to the perceived extra cost involved in cleaning up rentals after pets and their owners moved out. Changing markets, however, have caused many property owners to rethink their policy on renting to pet owners. Many apartment and home rental units are going pet-friendly, instead of pet-free. Renting to pet owners is a great way to open up your revenue streams, and though it’s not without its potential pitfalls, you may find that renting to pet owners is a lot less hassle than you might imagine.

Read the full post here…

furnished apartments

Furnished Apartments: Good Idea or Bad Idea?

Is the extra money and time it takes to furnish an apartment is worth the work?

Property owners often make tough decisions as to what rent-included perks they offer their renters. For many years, utilities-included rental options (heat, energy and water) were a competitive advantage. Nowadays, additional specialized markets have arisen to address more specific renter needs (like small-space studios), so property owners must adapt and offer new services to fit these changing market needs. One such marketplace is fully furnished apartments. Some renters don’t want the hassle of moving furniture into an apartment or worrying about choosing décor. Appealing to these renters often depends on whether the extra money and time it takes to furnish an apartment is worth the work.

Read the full post here…

hotel safety issues

How Hotel Operators Can Prevent Pool Injuries

Regardless of intent, proper pool safety is a must for hotel operators.

The pool is one of the biggest attractions that lures guests to a hotel. A pool might be part of your fitness area, allowing travelers to keep up with their workouts, or it might be a family space, allowing parents and kids a place to splash away, even if rainy days change vacation agendas. Regardless of intent, proper pool safety is a must for hotel operators—not just to protect your establishment from bad experiences and bad reviews, but also to protect you from liability issues. Taking steps to ensure safe pool operation ahead of time frees up resources for serving guests and ensuring their experiences are the kind they’d like to repeat.

Read the full post here…

studio apartments

Marketing Small Spaces: Making Studio Apartments Appealing

Turn hard-to-sell apartments into high-demand property with some simple and efficient marketing tips.

Studio apartments are one of the most challenging units for property owners to sell. Finding the right balance between affordability and profitability makes finding tenants difficult. If the space is marketed correctly, the pool of potential renters opens up significantly. Proper marketing requires capitalizing on what makes a product appealing. Small spaces have their appeal to the right market, plus they can be upgraded by smart owners. All it takes are a few moments in the shoes of the type of renter who is looking for a small space to call their own.

Read the full post here…

vinyl plank flooring

Benefits of Vinyl Flooring In Rentals

It’s time we talk about a flooring alternative that looks great and will save money. What’s not to love?

Landlords often use time between renters to spruce up the space. Apartment walls get painted, bathrooms get new fixtures and nearly everything else gets cleaned up. Flooring is often overlooked in these refreshes because of the idea that it’s a project that will take far too much time and money. Many landlords also only consider two options when thinking flooring. Hardwood floors are memorable and popular if you have them in the unit, otherwise carpeting is considered the only cheap alternative. Well, there are more options available to property owners that are cheaper, easier to maintain and can revitalize a unit better than a new roll of carpet.

Read the full post here…

kid friendly

Ensuring Your Property is Child-Safe

If you want to add “kid friendly” to the list of your property’s features, check out these tips for child safety.

In today’s rental market, every property should be safe for every age. There are many reasons why a rental property could attract families with children and the Fair Housing Act protects families with young children from discrimination when renting. There are a few easy steps a property manager can take to ensure the safety of all tenants, even the miniature ones.

Read the full post here…