Hotels & Lodging Businesses for Sale.

The room revenue is obvious, but the businesses worth buying have membership programs, event bookings, and service contracts that keep cash flowing whether peak season is on or not.

A clay model of a lakeside resort hotel in Minnesota, cutaway, with the owner looking over the operation.
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Rejigg lists 10 hotels & lodging businesses for sale.

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Featured Hotels & Lodging Businesses

Showing 10 of 10 listings

Corporate Housing Provider

Corporate lodging provider earns asset-light lease income and management fees, with staggered inventory commitments, seasonal enterprise demand, and limited management dependence.
Price$2M
Revenue$8.8M
SDE$660K

Organic Winery & Olive Mill

Beverage producer combines recurring club revenue with direct sales and business services while using only 20–30% of available production capacity.
Price-
Revenue$3.7M
EBITDA$231.6K

Custom Furniture Manufacturer

Hospitality outdoor furniture manufacturer with no debt, stocked inventory, custom upholstery, repeat cushion orders, in-house design, and faster fulfillment than competitors.
Price-
Revenue$2.8M
EBITDA$550K

Water Park Resort

Indoor waterpark resort with lodging, day passes, dining, events, weddings, attractions, and private villas providing diversified transactional revenue.
Price$8M
Revenue$2.2M
SDE$400K

Budget Hotel Lodging Provider

Hotel portfolio generates $2.1M in revenue across 167 rooms and includes land with approved capacity for 100 additional rooms.
Price$1M
Revenue$2.1M
SDE$400K

Creative Visual Interior Design Studio

Hospitality design firm has generated over $400k SDE in peak periods through project-based work for hotel brands and franchise operators.
Price$300K
Revenue$483.7K
SDE$93.3K

Global Hospitality Textile Distributor

Hospitality textile distributor with a 3,000-product catalog, nationwide sales network, repeat wholesale accounts, and higher-margin custom fabric work.
Price-
Revenue$4M
SDE$325.1K

Montana Luxury Short-Term Rentals

Vacation rental operator generates $837k revenue and $664k SDE from guest bookings and property management fees, after 39% annual growth.
Price$4.8M
Revenue$837.3K
SDE$664K

Texas Hotel Accommodations

Hotels & Lodging business for sale in Texas.
Price$800K
Revenue$256.6K
SDE$179K

Interior Design Firm

Interior design firm reached $2.3M in revenue after more than doubling in two years, with most project revenue coming from returning clients.
Price$950K
Revenue$2.3M
EBITDA$240K
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What to know

What to know about buying a hotels & lodging business

How hotels & lodging businesses are valued

Asking prices are set as a multiple of earnings: 2.5x–8x annual profit, depending on contracts, team, and how much runs without you on-site.

Where you land in that range comes down to how much of your revenue is locked in through contracts or memberships versus depending on occupancy, and whether the business runs without you being there every day.

  • Revenue that comes in whether rooms are full or not
  • Contracts with properties that renew automatically
  • A manager who handles the day-to-day
  • Service across multiple locations

What buyers of hotels & lodging businesses look for

  • Experienced hotel operators looking to add properties in new markets
  • Companies building a portfolio of boutique or independent hospitality properties
  • First-time buyers with management experience who are drawn to the hospitality industry
  • Operators from related fields like property management, event venues, or restaurants

The first questions buyers ask:

  • STR Metrics. How does the property perform on the scoreboard: occupancy, ADR, and RevPAR—and how do you compare to the comp set?
  • Channel Mix. Where do your bookings really come from—brand, OTAs, direct, and groups—and what does each channel cost you?
  • Capex & PIP. What condition is the building in, what will break next, and is there a PIP or brand-required work hanging over the property?
Closed deals

Rejigg hotels & lodging deals closed

Across 42 closed deals on Rejigg, the median time from first pitch to close is 177.5 days.

See all Rejigg deal data

Due diligence

What to Look For

Practical guidance from hundreds of real acquisition conversations.

Revenue beyond room bookings

  • Ask for monthly revenue broken out by source across at least two years: rooms, food and beverage, events, memberships, and other services.
  • Properties with membership programs, event revenue, food and beverage, or long-term service contracts earn income that doesn't depend entirely on occupancy.
  • A business that holds 40 or 50 percent of peak-season revenue through slow months is meaningfully more valuable than one that goes quiet for a season.
  • Revenue from memberships and event bookings that return each year is what separates the businesses that command premium prices from those that don't.

Contracts and memberships with renewals

  • Multi-year agreements with properties, clubs, or corporate accounts give buyers a floor of predictable cash flow that doesn't depend on guest counts.
  • Ask what percentage of revenue is contractual versus dependent on occupancy and how that mix has trended.
  • For membership programs, ask how many members there are, what the renewal rate is, and when they last visited the property.
  • Documented renewal history with multiple clients or member cohorts is worth more per dollar than the same amount of occupancy revenue.

A general manager who handles operations

  • Ask what the GM manages independently: guest relations, staff scheduling, vendor calls, maintenance escalations.
  • The clearest signal that a hospitality business can transfer is a GM or operations manager who deals with guests, staff, and vendors without the owner on-site.
  • Find out how long the GM has been in the role and whether they're expected to stay after the sale.
  • If the owner handles every guest issue personally, the transition will be harder. Ask what gets escalated to the owner on a typical week.

Permits and licenses in order

  • Ask for a complete list of permits and their expiration dates early in diligence: liquor licenses, health certifications, franchise agreements, and fire inspection records.
  • A stale license or an unresolved violation can slow a closing significantly, and these details don't get easier to sort out under deadline pressure.
  • Franchise transfers in particular can add time and require approval from the franchisor. Ask about the transfer process and any fees involved.
  • A seller who has this documentation organized and current saves you time and signals a well-run operation.

Real estate clarity upfront

  • Ask about the seller's preference on real estate in your first substantive conversation. Some include the property, others offer a long-term lease, and some want to handle it separately.
  • This affects how you think about financing, the total capital required, and who might be interested in the deal.
  • Knowing the answer early shapes everything that comes after. It's not a detail to sort out mid-diligence.
  • Ask for comparable lease rates for similar properties in the area if real estate is not included, so you can model occupancy costs post-close.

Valuation

What Should You Expect to Pay?

2.5x-4x

SDE

Owner-operated, occupancy-dependent revenue

4x-8x

EBITDA

With GM, diversified revenue, and contracts or memberships in place

How much revenue is locked in through contracts, memberships, or recurring programs versus dependent on occupancy is the biggest factor separating the lower and upper ends of the range.

What drives a premium

Membership programs and event revenue that generate income year-round independent of occupancy

Multi-year contracts with properties or corporate accounts with documented renewal history

General manager who handles guest operations, staff, and vendor relationships without the owner

Permits, franchise agreements, and licenses all current and organized for transfer

SBA Loan Calculator

See what your monthly payments would look like at different deal sizes

For buyers

Make your next conversation count

A listing starts the conversation. These tools help you check the fit, understand the financials, and decide what to ask next.

Prepare for the first owner call

Clarify what is for sale, who runs the business, and what the owner wants from a transition.

Prepare your buyer introduction

Check the numbers behind the asking price

Explore financing scenarios, debt payments, and the cash a business needs to keep operating.

Try the SBA loan calculator

Turn interest into a clear next step

Use the diligence checklist and LOI templates to organize requests and prepare a proposal.

Explore the deal templates

Find a business worth a closer look

Keep your industry and location in focus. Explore matching businesses or get new listings as they arrive.

Thinking About Selling?Read our owner's guide to selling a hotels & lodging business, with valuation tips, buyer expectations, and step-by-step advice.
Read the Owner's Guide

Hotels & Lodging Business Acquisition

How do I contact the owner of a business I found on Rejigg?
Create a free Rejigg account; owners, and the brokers who run some sales, only hear from buyers through the platform. Open the listing to see the full profile: city, team size, financials, what is for sale, and the reason for selling. Sign Rejigg's standard Fee & Confidentiality Agreement for that business; it is the same form for every deal. Verify your phone, then send your pitch from the listing. Replies, meetings, and documents all run through Rejigg.
Can I email Rejigg to get introduced to an owner?
No. Rejigg does not forward emails to owners or brokers, so a note to support@ or hello@ with a listing link will not reach them. Create a free account, open the listing, sign the agreement for that business, verify your phone, and send your pitch; that reaches them in a few minutes.
How does buying a business on Rejigg work?
Create a free account, set your criteria, and browse off-market businesses sourced directly by our team. When you find a match, reach out to the owner through the platform, Rejigg handles NDAs, scheduling, and document sharing so you can focus on the deal.
How much does it cost to buy a business?
Prices vary widely; most small businesses on Rejigg sell for $500K to $10M. Beyond purchase price, budget for diligence costs (attorney and accountant fees, typically $10K-$50K) and working capital reserves. Getting started on Rejigg is free.
What financing options are available?
The most common path is an SBA 7(a) loan, covering up to 90% of the purchase price with 10-year terms. Seller financing is also common, where the seller carries a note for 10-30% of the price. Our SBA loan calculator helps you estimate monthly payments.
How is Rejigg different from a broker or marketplace?
Brokers represent the owner and typically charge the owner 5–10% of the sale price. Marketplaces list whatever gets posted. Rejigg vets every listing, sources many of them directly through our own owner outreach, connects you directly with owners when they sell directly, and gives you tools to manage the process from first contact through closing.
What is due diligence and what does it involve?
Due diligence is the verification process after you and the owner agree on terms (usually in a Letter of Intent). Budget 30-60 days and $10K-$30K for professional help. A Quality of Earnings report is increasingly common for SBA-financed deals.
Can I buy a business with no money down?
Rarely. Most acquisitions require 10-20% down, whether through SBA financing, seller financing, or cash. Some creative structures can reduce the cash needed upfront, but sellers generally want to see you have skin in the game.