motel for sale by owner

Why You Should Consider a Motel for Sale by Owner

Jun 19, 2018

There’s no doubt the Internet has changed the way we do business, and that includes the way we look for business opportunities.  It used to be that if you wanted to find a motel for sale by owner, you would simply pick up the Classifieds section of your local newspaper.  In many cases, entrepreneurs had to hire a business broker in order to find motels for sale by owner.

Today, if you are looking for motels for sale by owner or you want to learn how to buy a motel, all you need to do is find a business opportunities directory.  Most online directories will tell you a lot more than which businesses are for sale.  In the case of hotels and motels, they will give you an in-depth profile of the seller’s business and a direct line of communication to request more information.  Looking for cheap motels for sale?  Then chances are a good “Businesses FSBO” site will offer a wealth of information about motels for sale by owner in your area.

One advantage of working with an FSBO directory – instead of a business broker – is the opportunity to learn more about the inner workings of the business.  A business broker often just wants you to buy the motel, and will not always share all the details.

Before you buy a motel for sale by owner, you will need all of their recent health department reports, guest comments, and a thorough inspection of the property.  You will need to know why the owner is selling, and a record showing the maintenance and utility costs over the past few years.  Running a motel also requires a good bit of experience in a 24/7 industry.  This includes the retention of reliable chambermaids, desk clerks and maintenance mechanics.

The right For Sale by Owner directory will give you all the information you need to make a wise decision about buying a motel, without the middleman.