21 Motel for Sale in Tasmania
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Prime Passive Income Lords Hotel Scottsdale...
Prime Passive Income Lords Hotel Scottsdale Tasmania at Offers over $1.3m
Scottsdale, TAS
Offers over $1.3m
Here you can find hundreds of motels for sale. Whether you are looking for a tree change, are experienced in accommodation and tourism or are an entrepreneur growing their business, Bsale has opportunities for you.
You can buy an established motel for sale as a leasehold or freehold purchased. The benefits include location, skilled staff, financial forecasts, furniture, bedding, software and much more. It's important to conduct due diligence and understand the commercial lease agreement and property when buying a motel, as you can’t necessarily relocate it.
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We share some of the most common questions about buying a motel for sale in Australia.
Where can you find a motel for sale?
You can search motels for sale on Bsale via your town, region or state. Here are our top results:
> Motels for Sale New South Wales
> Motels for Sale South Australia
> Motels for Sale Western Australia
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.
How much does it cost to buy 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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Is a motel cheaper than a hotel?
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.
Is a motel a good investment?
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.
Are there business brokers who specialize in motels?Â
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.
How do I sell a Motel?
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:
> Guide to Selling a Business in Australia
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