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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New Hampshire Businesses For Sale Categories   >>   

Hostel For Sale

Location  New Hampshire,United States
Asking Price Range  < $250K
Gross Revenues  $96000
Net Profit / Cash Flow  $49386
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1994
Number of Employees  1 - 3
Inventory  15000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes.
Reason for Sale  Relocating to another area.
Description  A 30 dorm bed, 5 private room Hostel business with owner's quarter for sale. This is a unique business because it is the only hostel in the area. The location is in a prime vacation destination for outdoor enthusiast. We will sell the business for $65,000 with a guaranteed 4 years lease with option to renew or purchase building or we will sell both business and building for $515,000. The building has an additional three apartments rental that has for the last five years generated $26,400 per year. The hostel business averages $96,000 per year with an avearage Net Operation Income (NOI) of $49,386 per year. Owners are re-locating and have had a hostel manager for over eight years. Owner will consider owner financing for business. Requirement for financing: -Credit score about 710 -$15,000 initial deposit -Business experience very helpful
Click Here To Contact Seller

    

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