Florida Motels for Sale

What do you think is most important when considering motels for sale in Florida? Location of course comes to mind right away, but when we are looking at a revenue producing business such as a motel, we have to look very close at numbers first.

What would be a better deal, a Florida motel for sale that generates a net operating income of $200,000 or one that generates only $100,000? That sounds like a very simple answer, but we need to look deeper than just Net income to find out the best option. Although the first motel for sale generates twice as much income, you have to investigate what is the general condition of the motel. Will you be forced to put a lot of effort and money into motel repairs and enhancements going forward? Is there anything planned in the general motel vicinity that could affect the value of this property going forward? For example, if the motel caters to those looking for peace and relaxation, then a planned freeway extension next door would not allow you to continue to generate the same kind of profits.

When looking at income of the motels for sale, you should look at least three years back. This will give you a better picture of the motel’s income over time, especially during seasonal periods. Sometimes a motel owner may “pump up the numbers” and show a really good income on the motel, just to be able to justify a higher sales price. It would be more difficult for them to pull this one off on you if you look at the motel’s three years of income. There are other many important things to look for when considering the purchase of Florida Motels for sale. The numbers are important, but there are other factors to consider also.

A good place to start your search is at www.SellSarasota.com. This website provides you with listed motels for sale in Florida. The focus of this site is the Central and West Coast of Florida regions. Whether you are looking for a beach motel, franchise hotel, resort or land, we can help you get the process started.

About the Author

Sell Sarasota Sell Sarasota is the author of sellsarasota.com. Visit the site ( http://www.sellsarasota.com/florida-hotels-for-sale.html) for more information about Florida Hotels for Sale.