Quick Motel Purchasing Guide
This guide assists you by showing all relevant software on one page.
Other sections of the site allow you to move through the processes depending on what involvement you decide upon.
Click on the highlighted text to be guided to information offered by this site.
You will notice that some of the software is restricted to Level 3 a symbol of [L3] is shown.
Life in a Motel Are you suited for a life in a motel?
Finance Before you commence your investigation you need to know how much to spend
Motel Broker Choose a Motel broker [Being updated]
Accountant [Being Updated]
Solicitor Freehold or Leasehold motel - what are the legal implications [Being Updated]
Now that you have established your purchasing power and contacted a Broker you should have an idea to the type of motel business that is available in the market place.
Select The following articles and software
Golden Rules in Business Please study these 14 mandatory rules
Freehold or Leasehold Title If it is a Leasehold you must understand the complexities of a Hospitality long term lease.
All Areas Overview Download this sheet and use it for every inspection.
Inspect 5 Motels & Compare [L3] Enter data and compare each motel you have inspected.
Business Plan A business plan template is here to download
Once you have selected a motel the following software is available for a more detailed analysis
Inspection Report A necessary report assessing all areas of compliance
Motel VIABILITY Health Check [L3] A complete financial check on the viability of the Motel Business This is an assessment of Aston Hill Motor Lodge Port Macquarie
Sales Control A worksheet setting out a 12 week countdown from negotiation of price to completion
There is much more to carry out if you want to make sure your venture is safe and secure.
Please do not hesitate to contact us if you require a the full structure in what it takes to analyse the profitability of a motel business.