Hotels and Motels for Sale

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Hotels and motels cater to all, making them great business opportunities. A motel is often a stripped down, no bells or whistles version of a hotel designed specifically for motorists who just need to get some rest. Hotels, on the other hand, generally offer some specialty services to their guests. These may include in-room kitchens, suite-style rooms, concierge, laundry services, free or reduced-price meals, fitness rooms, free Wi-Fi and cable, and conference or banquet room facilities. When looking for hotels that may be for sale, consider those that offer guests a variety of amenities.

The U.S. hotel and motel industry brings in roughly $163 billion per year and has an average annual growth rate of 4.2 percent. The four largest chains are Hilton, Marriott, InterContinental Hotels Group, and Starwood Hotels and Resorts. These properties alone account for 38% of all industry-based revenue. If you'd rather find a motel for sale, Red Roof Inn, Super 8, Microtel, and Econo Lodge top the list of the best budget chains. Buying an existing hotel or motel business always makes more sense than starting one from scratch, regardless of the economy. With the right experience, financial resources, and marketing strategy in place, you'll be counting dollar signs instead of sheep. Browse the BizQuest site today to learn more hotel and motel businesses for sale. Hide description Read more

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Province: Prince Edward Island Industry Segment: Hotels and Motels Keyword: cavendish Clear all
Contact Broker View all PE Brokers Raymond Palmer MBA, ABI - Prince Edward Island Business BrokerPE
4 Listings
Compass Capital Advisors Inc. is a full service Business Brokerage/M&A firm specializing in the sale or purchase of businesses from 1 million to 25 million dollars. In addition,we specialize in the purchase or sale of the property pertaining to the business and consultation for business improvement. Navigating the business transaction process can be complicated. Confidentiality, Integrity and Persistence are the keys to getting you the right price. We pride ourselves on these attributes and welcome the opportunity to be your partner in this process.
$292,000
Cavendish, PE 
View Details 
Cottage and Amusement Business For Sale

This beautiful 4 unit cottage business is profitable and located in the heart of the busiest tourist spot on Prince Edward Island.It is located on 3 lush acres of breath taking landscape.The selling price of the business also includes an Amusement business which includes all the equipment.It is a turn key operation.It is close to all amenities and filled with activities available to all tourists and locals alike.It is close to golf courses, a grocery store, amusement activities, hiking trails and other amenities. The selling price for the above-noted business and property is $292,000.At VR Business Brokers, we don't sell only businesses on Prince Edward Island, we sell a better quality of More info

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