Price: $1,490,000 WIWO
You can search motels for sale on Bsale via your town, region or state. Here are our top results:
If this is your first time buying a motel you should read our buying a business guide to get an understanding of the process of buying a motel.
Motels can cost anywhere from $120,000 to over $3,000,000. The cost of a motel can vary depending on the location and whether it is a freehold or leasehold purchase. A motel can also include caravan sites, restaurants and other recreational facilities.
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Not always! It will depend on location, size, freehold value, and a number of other factors. On Bsale, we have hotels in regional Australia priced from $150,000 and resorts for $6,000,000 in the tropics. The main difference between a hotel and motel is the size. Motels tend to have accommodation, a small restaurant and central parking outside the rooms, whilst a hotel tends to be multi-story and have more facilities such as room service.
Motels are a good investment that allow for a high return on investment if operated effectively. It's important to have some experience in the tourism and accomodation industries to ensure you have the skills required to run a motel.. A Motel can be a good family owned business or if run by partners.
Yes, there are business brokers that specialize in buying and selling motels. They have experience in the tourism and accomodation industries and have a solid understanding of business management. They will be able to assist in the appraisal and selling of a motel, as well as assisting buyers.
You have the option of selling a motel privately or engaging a professional business broker. Whether you are selling it leasehold or freehold you may wish to consult with a commercial business broker. At Bsale we have put together some resources to help guide you:
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