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Asking Price$560,000
Revenue$700,000 Established2007
Cash Flow$200,000 Employees6 full-time
FF&E$50,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Both Hostels are located 15 minutes from Williamsburg and are intended for long-term students who need affordable accommodations. They are located 2 blocks to the subway and take 25 minutes to get to downtown Manhattan and 35 minutes to get to midtown Manhattan. Both Hostels are designed to encourage interaction among the guests as much as possible.
Facilities:94 beds, seating area on every floor. Kitchen, Laundry on premises. Free wireless internet. Free public computer. Free HBO and WiFi. The rooms (separated by gender) are shared, as shared, as are the bathroom facilities, kitchen, and living rooms. The website allows to make reservations in advance over the internet.
Training/Support:Seller will provide for a smooth transition.
Sale Reason:Seller will focus on software development.
Ad #15535
Seller Reference #1241
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Contact This Seller
Jay M. Inbar
Inbar Group,Inc
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