Property ID : 2820760
Buy $59,000 - Business
SEAPS is proud to present……
Located just off the riverside this 11 room, 38 bedroom hostel with bar, restaurant and coffee shop is available for sale.
The ground floor has a coffee stall at the front leading into the seating/dinning/bar area with 14 tables and seating for 50-60 people, then a kitchen, toilets and a room to the rear. There are 10 single and double rooms and 1 dormitory room on the upper floors.
The business has a 10 year lease with 4 years remaining, the rent is $2,000 a month and a security deposit of $5,100.
Electricity is $750 pm, TV & water $10 pm, internet $40 pm, there a 6 full time staff with salaries amounting to $900 pm.
The hostel is being offered for $59,000, negotiable including the fixtures, fittings, staff, security deposit, business and tourism licence.
If you are looking for an established licenced Backpacker hostel in the riverside area, then book a viewing today!