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B&B / Youth Hostel, Florence, Tuscany
Location Italy
Asking Price Range < $250K
Gross Revenues $24000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description B&B/Youth Hostel for sale in Florence, Tuscany - Youth hostel in the centre of Florence, 2 mins from the Duomo. feb09-feb10 t/o 90k (euro). Rent 1500/month. Sample accounts available. More accounts available on viewing. Large kitchen, 2 good size bathrooms, currently 13 beds in 2 bedrooms, although with a couple more bunkbeds you could easily fit another 5 beds, tv area, frescoed ceiling, view of the duomo & campanille, could also change purpose and actually use it as a B&B or rent out as private apartment. Consistently good ratings (currently over 90% in hostelbookers). You can't get a new hostel license in Florence anymore, without which you can't advertise dorm rooms on hostelbookers, hostelworld or hostelsclub....we are advertised on all of these (over 50% of sales received from hostelbookers). I f you are thinking of opeing a B&B or hostel in Florence, have a look on HB's and see how many hostels are advertised in Florence, if you do set up a new place with a new name you will struggle to get sales, then see how many have a rating of over 90%....the bookings pour in! Priced for quick sale as family commitments in the UK mean I am relocating. Actual profit last year was much more than the asking price - yes even in the apparent world recession we were so full we had people sleeping on the floor in the kitchen....and paying us with a smile! More photos available on request, (please note that the rooms are set up as private rooms in these pictures, I will upload pictures of the rooms as they are now asap) email me to view. Buona giornata!
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