Hotel Buying Guide
Profits of large, corporate hotels may be down but the cheaper end of the hotel
market is flourishing. According to several specialist business brokers, there
is a shortage of good quality, family run hotels and guest houses in parts of
south east England where profits are higher. An owner could expect a turnover
of between £50,000 and £100,000 with net profits as high as 50%. With prices
of small hotels and guest houses beginning to edge up, now could be the time
to buy.
The www.bizsale.co.uk guide to buying a hotel in the UK will discuss:
- The right time to buy
- How much equity you need in your home to fund a hotel purchase
- Upmarket trends in the hotel business
- Typical hotel prices
- What size turnover to expect from your hotel
- Tips on buying a hotel
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