Motels For Sale

Motels got started in the 1920s as a roadside spot for out-of-town visitors to spend the night. Business travelers frequently look for a cozy motel when they need to visit clients around the country, and many families on vacation also want the convenience of staying at a brand name motel they trust, such as Motel 6, Econo Lodge, Super 8 and others. While motels usually lack some of the amenities of larger hotels, such as spas or restaurants, they still appeal to travelers interested in a warm bed and clean room during their stay.

Hotels and motels currently provide some of the highest profit margins for franchisees, and that profitability continues increasing year after year. The demand for motel rooms is directly tied to the frequency of travel around the country, and American travel is expected to keep increasing. Coupled with growing numbers of budget travelers, the industry can provide a good financial opportunity for people interested in motels for sale. There are a few important factors to consider before you buy a motels franchise:

• Whether the local market has tourism or another draw for visitors
• The number of corporations and corporate visitors
• The location of primary roadways such as interstates
• How much motel rooms typically cost in the area

The customer experience is everything in managing a successful motel. Owners of motels and franchises need to make sure the brand has a great reputation for factors such as comfort, cleanliness, quality, and price. Depending on the amount of competition faced, some motel franchises may stipulate the maximum prices that owners can charge per room. 

With attention to detail, excellent customer service and a good location, motels can be popular places for business travelers and vacationers alike.