Appraise the real estate separately from the operation
Much of a hotel, motel, or RV park's value is the property; get the land and buildings assessed independently of the operating cash flow.
travel business for Sale
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11 results
Property Management
Hotels
Property Management
Hotels
Add-On: Oklahoma / Vacation Rental Management / $912K Adj. EBITDA
Oklahoma, United States
OK, US
Add-On Opportunity: Oklahoma Based / Luxury Vacation Rental Management / $912K Adj. EBITDA / $11.1M LTM Revenue / Asset-Light Model The Company is a scaled, asset-light vacation-rental operator and third-party property manager serving the Broken Bow and Hochatown, Oklahoma market. It manages an amenity-led portfolio of luxury cabins ranging from one to more than ten bedrooms and accommodating groups of up to 40 guests. The Company provides full-service management to cabin owners, including revenue management, multi-channel listing distribution, reservations, guest services, housekeeping, maintenance, and monthly owner reporting. Revenue is generated from cabin rentals, cleaning fees, administrative and booking fees, host service fees, pet fees, and ancillary guest services. The operating platform is supported by 72 directly employed personnel across housekeeping, maintenance, guest services, and administration. Guest acquisition is led by the Company’s direct-booking website, supplemented by major vacation-rental marketplaces. Managed cabins are owned by third parties, leaving the operating entity with minimal capital expenditure requirements. Key KPIs - **LTM July 2026 revenue:** $11.05 million - **LTM adjusted EBITDA:** $912,000 - **LTM adjusted EBITDA margin:** 8.2% - **LTM reported EBITDA:** $925,000 - **LTM gross profit:** $3.22 million - **LTM gross margin:** 29.1% - **FY2025 revenue:** $8.85 million - **FY2025 adjusted EBITDA:** $892,000 - **FY2025 adjusted EBITDA margin:** 10.1% - **Revenue CAGR (FY2023-FY2025):** 71.1% - **2026 year-to-date revenue growth:** 47.1% - **LTM revenue growth versus FY2025:** 24.9% - **Cabin-rental revenue:** $9.21 million, or 82.6% of LTM revenue - **Cleaning-fee revenue:** $1.27 million, or 11.4% of LTM revenue - **Administrative, booking and host-service fees:** $610,000, or 5.5% of LTM revenue - **Total fee revenue:** $1.92 million, or approximately 17.3% of LTM revenue - **Cabin-owner payments:** $7.07 million, or 63.9% of LTM revenue - **Employees:** 72 - **Employees hired during 2026:** 33 - **OTA and booking-engine fees:** Approximately 0.6% of LTM revenue - **Meaningful operating fixed assets:** One vehicle - **Market concentration:** 100% Broken Bow and Hochatown - **Guest concentration:** None - **Broken Bow market ADR:** Approximately $319 - **Drive-to catchment:** More than 11 million metropolitan residents - **Primary feeder market:** Dallas-Fort Worth, approximately three hours away Recent Performance Revenue increased from $8.85 million in FY2025 to $11.05 million on an LTM July 2026 basis, representing 24.9% growth. Adjusted EBITDA increased from $892,000 to $912,000, while the adjusted EBITDA margin declined from 10.1% to 8.2%. The margin change reflects investment in the operating platform during a period of rapid portfolio growth. The Company added 33 employees during 2026 to support housekeeping, maintenance, guest services, and increased booking volume. Cabin-owner payments also increased from 60.6% of revenue in FY2025 to 63.9% on an LTM basis. Despite these investments, gross margin remained relatively stable at 29.1% compared with 30.1% in FY2025. Strategic Fit The Company represents an attractive add-on for a vacation-rental, hospitality-management, resort-services, or short-term-rental platform seeking immediate scale in the Broken Bow and Hochatown market. An acquirer would gain an established third-party owner base, a direct-booking channel, a 72-person local operating organization, and full-service housekeeping, maintenance, guest-service, and revenue-management capabilities. The opportunity could also serve as a compelling new platform for an investor entering the vacation-rental management sector. The Company offers more than $11 million of LTM revenue, an asset-light operating model, no guest concentration, rapid historical growth, and an established presence in a high-rate drive-to leisure market.
-Asking Price
$11,050,000Revenue
$912,000Cash Flow
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American Restaurants
Mexican Restaurants
Bed & Breakfasts
American Restaurants
+2
Type 47 Liquor License - $1.4M Gross Sales – Palo Alto Restaurant
Palo Alto, Santa Clara County, California, United States
Palo Alto, Santa Clara County, CA, US
**Photo not actual picture of restaurant** Key Highlights: -All FF&E included (kitchen equipment, hood, fixtures, etc.) -Type 1 Hood 12 ft -Any concept -Grease trap -Secure lease 10 plus 5 years option at market rate (negotiable) Gross Sales: $1.4 million Rent: $14,559.96 all inclusive (NNN) Lease: New Lease Size: 3,472 SQ FT Staff: 1 full-time, 20 part-time
$250,000Asking Price
$1,400,000Revenue
-Cash Flow
Bed & Breakfasts
Other Travel
Bed & Breakfasts
Other Travel
Established Bed & Breakfast Business with 9,000 SF Historic Mansion |
Clinton County, Michigan, United States
Clinton County, MI, US
This is a rare opportunity to acquire a thriving bed and breakfast business housed in a fully restored 9,000 sq. ft. historic mansion in mid-Michigan. Since launching in 2018, the inn has built a strong brand centered on upscale lodging, curated experiences, and personalized guest service. The property features seven uniquely themed suites with private bathrooms and luxury amenities, along with inviting common areas, a gourmet breakfast service, and multiple revenue streams—including events, retreats, and package enhancements. The business has shown impressive growth, tripling revenue since 2020 and projecting over $300,000 in revenue by 2026. A full-time innkeeper is in place, making it ideal for a semi-absentee owner or someone looking to scale operations. The mansion itself has been meticulously maintained with recent major upgrades including HVAC, hot water systems, and continual capital improvements. Offered at $145,000 for the business and $800,000 for the real estate, this opportunity combines lifestyle, income potential, and long-term value. Location and business details will be disclosed upon buyer qualification.
$945,000Asking Price
$236,000Revenue
-Cash Flow
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Hotels
Hotels
Chalet Landhaus Inn & Restaurant
New Glarus, Wisconsin, United States
New Glarus, WI, US
This 64-room landmark hotel (non-franchise) in Southern WI with $177 ADR, 30% Occupancy%, $53 RevPAR has had many recent updates to both the real property and the furniture and fixtures. It is ready for a new Owner to implement a new marketing strategy and capitalize on its unique market positioning on a major highway in a tourist area.
$5,159,000Asking Price
$1,256,000Revenue
$365,000Cash Flow
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Hotels
Hotels
439-Key Orlando Resort & Conference Hotel
Orlando, Orange County, Florida, United States
Orlando, Orange County, FL, US
439-Key Full-Service Orlando Resort & Conference Hotel | 30,000 SF Meeting Space | Diversified Revenue Streams Confidential Description This is a rare opportunity to acquire a 439-key full-service resort and conference hotel situated on 16.7 acres in one of the nation's strongest hospitality markets. Purpose-built to serve leisure travelers, tour groups, conventions, and special events, the property offers a diversified revenue platform that extends well beyond room revenue. The resort features approximately 30,000 square feet of flexible meeting and banquet space, capable of accommodating events of up to 2,000 guests, making it an ideal destination for conventions, corporate meetings, weddings, and large group events. Guests enjoy an extensive collection of on-site amenities and income-producing outlets, including: Two resort-style pool decks Indoor full-service bar Outdoor pool bar Family entertainment venue Pizza restaurant National coffee and ice cream franchises Convenience store National rental car concession Children's themed experience Vacation ownership marketing desk Multiple retail and guest service offerings The hotel offers a balanced room mix consisting of approximately 60 king rooms, including approximately 12 ADA-compliant king rooms, with the remaining inventory primarily configured as double queen guest rooms, making the property well-suited for families, tour operators, and group travel. The property operates under a 99-year ground lease, with approximately 94 years remaining, providing long-term site control while allowing a purchaser to focus on operations, revenue optimization, and future expansion. Strategically located within Orlando's premier tourism corridor, the property benefits from year-round leisure demand, group travel, conventions, and international tourism. Its combination of scale, extensive amenities, conference facilities, diversified revenue streams, and long-term growth potential makes this an exceptional acquisition opportunity for hotel operators, private equity firms, institutional investors, and hospitality platforms.
$22,000,000Asking Price
$15,000,000Revenue
$2,700,000Cash Flow
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Motels
Motels
45 Room Motel with Event Center & #6 Bar! Land/Building & Business
Arizona, United States
AZ, US
Rural Arizona Motel, Event Center & Bar Opportunity on 4 ACRES +|- Only one hour from the Phoenix Metro, this hospitality opportunity is located in a charming rural community in Pinal County. The property features 45 fully furnished motel rooms, a versatile event center, and a bar operating under one of only two bar licenses in the entire town. This long-standing business offers multiple revenue streams from lodging, bar operations, private events, and significant upside potential for weddings, reunions, corporate retreats, festivals, and community gatherings. The motel is currently operated absentee with experienced employees in place, making it an excellent opportunity for an investor or owner-operator seeking growth. Highlights • 45 fully furnished motel rooms • Event center with multiple income opportunities • Bar with one of only two liquor licenses in town • Established, long-standing hospitality business • Diverse revenue streams from rooms, events, and bar operations • Significant upside for weddings and special events • Absentee-operated with staff in place • Approximately one hour from the Phoenix Metro • Outstanding opportunity to acquire a hospitality destination in a market with limited competition Ideal for an investor, hospitality group, or entrepreneur looking to expand an established operation and unlock its full potential. Confidential Listing – Buyers will be required to sign a Non-Disclosure Agreement for additional information.
$1,180,750Asking Price
-Revenue
-Cash Flow
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Limo & Passenger Transportation
Other Transportation & Storage
+1
Limo & Passenger Transportation
+2
Very Profitable Mid-Atlantic Passenger Transportion Company
Confidential
Confidential
With more than 50 years of trusted service, this established transportation company offers turnkey passenger transportation solutions for charters, corporate events, group tours, weddings and community needs. The diverse fleet includes full-size charter coaches, passenger vans, luxury limousines and trolleys, enabling flexible capacity and premium service options. Operated from a prime location, the business features an on-site service and repair center that reduces downtime and maintenance costs while supporting fleet reliability. Well-known locally for dependable, hassle-free service and experienced staff, the company presents an excellent opportunity for an owner-operator or investor to grow revenue through expanded contracts, marketing and route optimization.
-Asking Price
$3,988,517Revenue
-Cash Flow
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Hotels
Hotels
Oceanfront Hotel | Real Estate Covers the Price | Cash Flow Included
Confidential
Confidential
Rare opportunity to acquire a fully titled ocean-view aparthotel in Costa Rica where the real estate alone supports the valuation. This 19-unit turnkey operation is located directly across from Playa Bonita Beach and offers immediate cash flow, strong local clientele, and significant upside through international expansion. The property is fully owned (no lease), sitting on three registered lots totaling approximately 631.89 m², and includes upgraded infrastructure, an infinity pool, and modern furnished units. Currently operating with a loyal local customer base, the business has not yet been fully optimized through major online travel platforms such as Airbnb, Booking.com, or Expedia — creating a clear opportunity for revenue growth. This is an ideal acquisition for: • Investors seeking a real estate-backed income-producing asset • Hospitality operators looking to scale internationally • Buyers seeking a lifestyle business with strong upside With real estate value exceeding or supporting the asking price, this deal offers built-in equity, immediate income, and long-term appreciation potential.
$1,259,000Asking Price
$258,000Revenue
$209,000Cash Flow
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American Restaurants
Hotels
American Restaurants
Hotels
Own or invest in a resort with a restaurant on 50+ majestic acres
Indiana, United States
IN, US
Own your own or invest in a resort tucked away in Indiana. This place has a plan for expansion. This resort already offers 161 lodging room plus a restaurant/bar on site. It is in a prime location for tourist. One of the most high traffic tourist areas in Indiana.
$4,225,000Asking Price
-Revenue
-Cash Flow
Miscellaneous Restaurant & Bars
Catering Companies
+3
Miscellaneous Restaurant & Bars
+4
Historic 19 Room Inn with Endless Possibilities in Central IL
Illinois, United States
IL, US
Discover this extraordinary property, where historic charm meets modern convenience. Located in the heart of Central Illinois, this unique offering includes: • 13 beautifully appointed guest rooms, blending timeless architecture with contemporary comforts. • 6 long-term suites, perfect for extended stays or steady rental income. • A banquet center accommodating up to 300 guests, ideal for weddings, corporate events, and celebrations. • An enchanting outdoor garden space for up to 150 guests, offering a stunning backdrop for unforgettable gatherings. This versatile property is a rare gem combining boutique hotel, wedding destination, or event venue. Don’t miss the opportunity to own a piece of history with thriving business potential.
$2,700,000Asking Price
-Revenue
-Cash Flow
Market Snapshot
National transaction benchmarks for travel business businesses.
Under $500K
Median revenue$280k
Median cash flow$108k
Median sale price$199k
Multiple range1.1x - 2.5x
$500K to $2M
Median revenue$738k
Median cash flow$200k
Median sale price$700k
Multiple range2.6x - 5.9x
Over $2M
Median revenue$1.87m
Median cash flow$722k
Median sale price$2.13m
Multiple range4.4x - 6.7x
A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.
What to know about travel business acquisitions
GW
Cofounder & CEO
Key diligence, valuation, financing, and transition considerations for buyers evaluating travel business acquisitions.
Review occupancy and rate over several seasons
RevPAR and average daily rate over multiple years tell the real story; understand the off-season carrying cost before trusting a trailing year.
Confirm brand, flag, and franchise obligations
Flags, permits, and required property-improvement plans carry real cost — a surprise PIP can run seven figures and collapse a deal late in escrow.
Quantify channel and reputation dependence
Online travel agencies, review scores, and direct bookings drive the calendar; understand the booking mix and commissions.
Budget the capital plan honestly
Rooms, roofs, pools, and hookups need ongoing reinvestment; build the real plan, not the seller's deferred one.
Understand the staffing and owner's role
Front desk, housekeeping, and maintenance turnover affect cost and guest experience; know how hands-on the owner is.
Frequently Asked Questions
Answers to common buyer questions for this market.
Yes, helped by real-estate collateral. Lenders scrutinize occupancy trends, seasonality, brand obligations, and property condition, so multi-year data and a realistic capital plan smooth funding.