| If you are looking for a business opportunity, have | | | | franchise opportunity want to get someone to buy. |
| you ever considered checking out motels for sale? | | | | You don't have to buy in; they would like you to, |
| When there's motels for sale, it can mean a huge | | | | however. So negotiate terms and conditions and |
| opportunity for someone who wants to start their | | | | costs. You're not at the mercy of these people; if |
| own business. | | | | anything, they are at yours. You both want |
| If you buy motels for sale, that means you are | | | | something from each other. They probably have |
| buying into already established businesses. | | | | more resources than you, which means they have |
| They already have advertising, staff, and customer | | | | more room to be flexible. |
| flow in place. At least, that is what you would expect | | | | - Get to know the local competitors quite well. You |
| of a listed motels business for sale, isnt' it? | | | | want to do a lot of research into them, ask around |
| Before you buy, there are things about these motels | | | | about them, and probably stay at their places. What |
| that you should check into first. | | | | do they do better than you would be doing? Where |
| - Stay at the motel or motels personally. There's no | | | | could you beat them? Do they get more area |
| better way of judging whether or not motels for | | | | customers than the motels for sale you are looking |
| sale are good business offers than by staying for a | | | | at do? You don't want to shell out a lot of money, |
| couple of nights yourself. Observe everything about | | | | possibly borrowed money, to get stuck with motels |
| the motel. How are you treated? What are the | | | | that can't turn a profit because the competitors are |
| prices? Is your room clean and comfortable? Does | | | | beating them out. Maybe you are looking at motels |
| the bathroom have good water pressure? Is service | | | | of someone who wants to leave the business rather |
| punctual? If you aren't satisfied with your stay, it's | | | | than a franchise opportunity. If so, don't buy if their |
| questionable whether you would want to buy such a | | | | reason for leaving is that they can't take the heat of |
| motel and then be harnessed with the need to make | | | | competition. |
| a lot of changes. | | | | - What are the local development plans? You surely |
| - A motels business for sale is likely a franchise. So, | | | | don't want to buy a motels business for sale which |
| speak to other franchisees about their experiences. | | | | has motels in areas that will be drying up. You want |
| Is corporate understanding and helpful? Are their | | | | them in established high traffic or expanding areas. |
| superiors good to work with and easy to talk to? | | | | Call the local government agencies to see what plans |
| Are they well supported with marketing materials | | | | are in the works. Call local tourism agencies to find |
| from corporate? | | | | out more details. |
| - Be prepared to negotiate about everything. | | | | Motels for sale can make for great business |
| Remember, those who are selling a motels business | | | | opportunities if you know how to find quality sales. |