Turnkey Established Hostel Business of More than 8 Years!Listing: #AL00208
About this Business for sale in NCR/Metro ManilaTurnkey Established Hostel Business of More than 8 Years!
Golden Opportunity to Earn Passive Income
Take over this great TURNKEY Hostel Business opportunity offered for sale with a great POTENTIAL FOR GROWTH!
Established more than 8 years ago, the business has built a SOLID BRAND REPUTATION; it's under the radar but its brand is second to none - even edging out three stars to five star hotels reputation.
Average monthly sales this year 2022 bounced back and is almost ₱100,000 as the borders and economy opened this February. This earning Hostel business thrived during the pandemic years with solid booking averages of 140-150 a month.
- The business is featured in popular blogs
- Voted as one of the BEST HOSTELS in Metro Manila
- With various awards and nominations on travel and hospitality awards
- High customer ratings earned through the years
- Centrally located in one of Metro Manila's vastly developed and progressive Central Business District while a stone's throw away in major transportation hub
There's still huge potential for growth. Revenues & Income are not yet based on a 24-hr operation (potential to add 15% more bookings). With currently 30 beds being offered to backpackers and corporate clients housing employees for seminars and conferences, the business is strategically located in Central business district. Further, potential streams of revenue can be generated from: shuttle services, food services, tour services, and merchandising income.
This is a proven pandemic-proof business with a well-established system and BRAND with a potential growth and expansion. An exciting opportunity for a new owner to walk in and take over! Call now for an opportunity to discuss in detail!
***Strict confidentiality applies***. To this end, further details of this business will only be disclosed following a personal meeting with the broker and a completion of a Confidentiality Agreement. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared
+63 2 7900 8000
+63 949 506 6785
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.