Motel Sales Data

The Raine and Horne Business Sales Database shows that over the last 20 years the median sale price of leasehold motels was $403,000 and the median sale price for freehold motels was $1,745,000. Our data indicates over the last 10 years the median value of leasehold motels has increased by over 20%, over the same period the data indicated increased turnover and improved gross profit while the rent as a percentage of turnover has fallen.