: You purchase only the right to operate the business for a set term (often 20-30 years) while paying rent to a landlord. This is a more affordable entry point with potentially higher short-term returns on investment.
: You own the land and buildings but lease the operation to a tenant. This is a hands-off, rent-collecting model similar to traditional commercial real estate. 2. Location and Market Demand
: Is the area driven by corporate travelers, weekend tourists, or seasonal workers?.
A motel's success is tied heavily to its surroundings. Evaluate the following:
: You own both the land/buildings and the business operation. This offers maximum control and long-term equity growth but requires the highest upfront capital.
© All rights reserved Mercury Training Center