Backpackers Hostel - Net Profit In Excess Of $140,000

Business Sold Northbridge, Western Australia 6003

Business Category Backpacker Hostel

SOLD

Description

Backpackers Hostel - Net Profit In Excess Of $140,000

Bargain buying with nothing to spend!!!!

Due to Sellers relocation back to the Eastern States, this extremely high review and well run backpacker hostel is available at a fraction of its real value.

Located in a prime spot in Northbridge this well located hostel boasts a large, well laid out and very well maintained property with nothing to spend for the incoming owner. Very High reviews through the online booking portals help drive constant flow of bookings along with word of mouth referrals.

The business is able to be operated remotely giving opportunities for either an owner operator or an owner looking to run under management as have been in the past.

The business has remained profitable through Covid as a sign of its true strength and is tracking higher and higher by the month with the current period showing profits to an owner in excess of $140,000. The astute buyer will see the current times and price as a fantastic opportunity to purchase a business under market value as the owners are motivated sellers.

Priced at $149,000 plus stock



Contact the exclusive broker direct:

Reece O'Sullivan

Business Broker

Benchmark Business Sales and Valuations

M: XXXXXXXXXX T: XXXXXXXXXX E: XXXXXXXXXX

If you like to know more about the Business complete our online confidentiality agreement here: XXXXXXXXXX

or go to XXXXXXXXXX and use the reference number 4988 to search for the business.

Listing ID: benchmark_74_1162
Contact Seller
Reece O'Sullivan

Bsale ID: 552858
Broker REF: benchmark_74_1162_3888

Benchmark Business Sales and Valuations