A Guide to Evaluating a Motel for Sale in the Hospitality Industry
The hospitality industry is a dynamic and customer-centric environment where the success of a motel can hinge on multiple factors. When considering a motel for sale, it is crucial to evaluate the location, customer demographics, and the competitive landscape. A deep dive into the motel's financial performance, including revenue streams and expense management, is indispensable for assessing its viability. Infrastructure, staff competency, and customer satisfaction levels are also pivotal in understanding the motel's operational health. Prospective buyers should examine the property's condition, potential for upgrades, and compliance with industry standards. Understanding the market trends and the potential for future growth is vital, as it can influence the motel's profitability. Environmental sustainability practices and technological integration are becoming increasingly important in the hospitality sector and can significantly affect the customer experience and operational efficiency.
The Royal Inn
The Royal Inn is a motel located at 1201 Martha Berry Boulevard in Rome, GA 30165. Built on 1.47 acres in 1959, it features 28 rooms and a 5-bedroom owner's apartment in the motel office. The motel has been closed for two years and was previously rented for $60 a night. Currently, there are no finan...
United States
$1,800,000
Motel
This business listing is for a motel. The business is currently active and can be found on www.bizquest.com/business-broker/armen-nazarian-business-brokers/armen-nazarian/BW9245.html.
United States
$299,000
Catering Hall and Property
Located in Suffolk County, New York (NY), this catering hall and property offers a spacious venue with 16900 square feet of space, including a full basement. The business grosses $650,000 per year and features three rooms, a bar that can accommodate 126 people, and an outdoor reception area. Operati...
United States
$2,000,000
$650,000
Hospitality Daytime Operation 6 Days Per Week
Presenting an opportunity to purchase a fantastic hospitality business that has smart branding and trendy fit-out, with strong systems in place.
United States
$495,000
$1,644,693
Gaming, Restaurant / Bar / Banquets
This business is located in the downtown business district of town, surrounded by retail, restaurants, local shopping, and multi-family high-rise living. The property includes a lot size of approximately 41,675 sq. ft. with a building size of 10,620 sq. ft. It offers great parking and easy access to...
United States
$1,499,000
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