The owner of a bed & breakfast in Maine is handing off her property to whoever who writes the best 200-word essay and submits a check for $125.
Janice Sage first came into possession of the Center Lovell Inn in 1993 when she won an essay contest set up by the owners at the time, Mental Floss reports. But now, Sage is ready to retire—and pass on the property much the same way she came about it.
Sage told the Press Herald: “There’s a lot of very talented people in the restaurant business who would like to have their own place but can’t afford it. This is a way for them to have the opportunity to try.”
The business-savvy Sage is not doing this without cashing out. She hopes to get over 7,500 contest entries, which would mean she would collect $900,000— the price at which real estate agents in the area say she could expect to sell the property, according to Mental Floss.
Entries must be postmarked by May 7. The winner is expected to be announced on May 21st. There’s more information on the contest’s website here.
The Professional Association of Innkeepers International says that the bed & breakfast industry is estimated to be worth $3.4 billion, with as many as 17,000 inns in the U.S. The average daily rate for a room is $150, according to the association’s website.
