Buying a Business
Because TourismProperties.com specialises exclusively in tourism and hospitality businesses and properties, we are uniquely placed to offer buyers sound, professional advice based on extensive market experience.
Buying an accommodation or hospitality business or property may not suit everyone. Your success in this venture will depend on your skill, knowledge of the industry (or willingness to learn) and understanding of your market. That said, it is a sector offering investors tremendous potential for high returns and solid growth, and operators a lifestyle that combines business and pleasure, home and work.
Our promise to buyers is to provide the highest possible standard of service and comprehensive quality information on which to base their purchase decision. This may include expert assistance with demographic and market information that may influence your trading and growth prospects.
Further, we stress the importance of dealing through proven experts in this sector, professionals with direct expertise and a strong track record in the industry. Use the menu to the left to learn more about your options for investment and to identify experienced specialists in fields including finance, accounting and legal consultants.
When you consider the various investment models explained (Property Models Explained button to the left), you will also need to consider financial resources. While individual circumstances vary, as a rule of thumb, lending institutions will generally fund towards the purchase of a motel, up to 60% of the freehold value and 30%-40% of the leasehold value, and for management rights up to 80% of the unit value and between 30%-40% of the business value. This is of course dependent on individual circumstances and it is advisable to speak with your financial institution to confirm your borrowing capacity.