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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

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For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    1. Home
    2. Franchise Real Estate
    3. Hotel
    Hotel Franchise

    Hotel Franchise Real Estate — Branded and Independent

    Hotels are the biggest dollar value franchise deals in Canada. Branded hotel real estate involves long-term franchise agreements, large mortgages, and property improvement plans. Summit REALTORS work on branded hotel sales and acquisitions.

    What Summit does — and doesn’t

    Summit is a real estate brokerage specialising in franchise locations across Canada. We help you secure, hold, and exit the real estate underneath your franchise. We are not a franchise consultant or recruiter.

    We handle

    • Site search and site approval coordination for your franchise locations
    • Commercial lease review, negotiation, and renewal
    • Resale brokerage when it’s time to sell — confidential marketing, buyer prequalification, lease assignment
    • Coordination with the landlord, lender, lawyer, and franchisor real estate team

    We don’t handle

    • Franchise applications, brand approval, or franchisor selection criteria
    • Training, supply chain, operations, or marketing programs — those stay with the franchisor
    • Picking a brand for you — that’s a business decision we’ll respect, not influence

    Canadian hotel franchise market

    Canada's hotel market spans major flags like Marriott, Hilton, IHG, and Best Western, plus boutique and independent brands. Branded hotel sales typically run $5 million to $50 million. Property improvement plans (PIPs) can add millions to a deal.

    Buying a hotel franchise

    Buyers focus on the brand flag, RevPAR, market position, and the PIP. Lender approval, franchisor approval, and seller financing terms all matter. We work alongside hotel brokers and lawyers on complex deals.

    Selling a hotel franchise

    Confidentiality is critical. Staff, guests, and competitors should not know a property is for sale. Buyers want 24 to 36 months of operating history, PIP status, and a clean franchise agreement.

    Common mistakes hotel buyers make

    • Underestimating the PIP cost — many buyers add $1M to $5M after close
    • Not modelling the franchise renewal date — flags re-up means new PIP
    • Skipping a lease review on ground-leased properties

    Popular brands in this category

    Common brands we work with — buying, selling, and leasing. Individual brand pages are coming soon.

    Best WesternHoliday Inn ExpressHampton InnComfort Inn
    Coldwell Banker Summit Realty, Brokerage
    Your Franchise Real Estate Team

    Coldwell Banker Summit Realty — Franchise Real Estate Practice

    Coldwell Banker franchise · Licensed in Ontario

    Coldwell Banker Summit Realty, Brokerage runs a dedicated franchise real estate practice serving operators across Canada. We handle the operator-side real estate work on franchise deals — securing sites at the start, reviewing and negotiating commercial leases, and brokering the exit when it is time to sell. Backed by the Coldwell Banker brand, an independently owned and operated franchise with deep commercial and residential reach, our team reads a lease the way the operator does, scopes a site the way the franchisor does, and structures the exit the way the buyer will underwrite it.

    • Operator-side franchise real estate across food, retail, hospitality, fitness, and service categories
    • Site selection, lease review, and lease negotiation aligned to franchisor criteria
    • Resale brokerage, location takeovers, new-build site work, and sale-leaseback structuring
    • Backed by Coldwell Banker — an established global real estate brand and franchise network
    Talk to our franchise team
    FAQ

    Frequently asked questions

    Quick, honest answers to what franchise buyers and sellers ask us most.

    Branded hotel deals in Canada usually run $5 million to $50 million. Small select-service properties are at the low end. Full-service downtown hotels are at the high end. Add the PIP cost on top of the purchase price.

    A PIP is the franchisor's required upgrade list to bring a hotel up to current brand standards. PIPs can run anywhere from $500,000 to $10 million. They are due within 12 to 24 months of close.

    Branded hotel sales usually take 6 to 18 months. Pricing, debt, PIP scope, and franchisor approval all add time. A confidential, qualified-buyer process keeps timelines tight.

    Considering a hotel acquisition or exit?

    Book a confidential call with a Summit hospitality specialist.

    Talk to a Specialist

    Explore more from Summit

    Motel Franchises

    Buy, sell, and lease motel franchise locations.

    Restaurant Franchises

    Buy, sell, and lease restaurant franchise locations.

    Buy a Franchise

    Walk-through for buying a franchise location in Canada.

    Sell My Franchise

    What sellers should prepare before listing a franchise.