Q:

How do you find motels for sale?

A:

Quick Answer

Find motels for sale by searching on commercial real estate sale sites such as BusinessBroker.net, LoopNet.com, and BizBuySell.com, as of 2015. Each site offers tools to locate motels and similar businesses within a given area and price range. Another option is to contact a local commercial real estate agent to find out about any motel properties available.

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Full Answer

BusinessBroker.net features a section for motels that also includes bed and breakfasts and inns, with each listing features the sale price of the property as well as its locations and the total number of rooms on the premises. Some entries also include the cash flow and revenue of the motel, to allow users to identify profitable businesses as well as those approaching financial issues.

LoopNet.com contains information about a wide range of commercial properties, listing both hotels and motels under the same category. The site includes the current status of the property as well as its square footage, number of rooms and the type of service it offers guests.

BizBuySell.com also contains many different types of business, so users need to search for motels specifically to find appropriate listings. Listings contain the sale price and cash flow of the property along with a short summary of the space, such as when it has its busy season.

When searching for a commercial real estate agent, speak with local businesses as well as residential agents to obtain recommendations on active agents in the area.

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