Always Full Super Hostel in Perfect Location of Melrose&Hollywood


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Asking Price: $69,000

Cash Flow: $9,000

Gross Revenue: $19,500



Inventory: N/A

Rent: $4,500 /Month

Established: 2016

Always Full Super Hostel in Perfect Location of Melrose&Hollywood

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Business Description

Always Full Super Hostel in Perfect Location of Melrose&Hollywood


This is a house that we fully furnished. We are willing to sell our business because the owner is moving out of the country. We always have %95 full condition of tenants in the house. This house is not for the sell-We are selling the business inside. If you want to purchase the business, then you will have all the tenants we have inside. House rent is $4,500 and we have 33 tenants inside now. Capacity is 35 people. Each tenant pays about $500-$600-$700. We also get extra fee for parking spot and we have 7 car capacity in the parking. We have 12 rooms in the house.If you want , you can also get the lease under your name/business name. It is so easy to get a business license for this housing/hostel business.Also, we will always be helping you about this hostel business. We can give free training about 3 weeks. We have 1 employee who gets $1,500 monthly and you can work with that person if you like. We have camera recording system inside. We have 4 fridges inside. House is 2 floors.We have all the kitchen/bathroom supplies that people will need. Our business has been active about 3 years from now. Average monthly income is $19,500. Net monthly income is $9,000. Utilities are about $650 monthly. Please let me know if you have any questions. I can schedule a tour for you to see the place. Thank you!

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Landlord take care of the maintenance problems.
There is no competition as long as you keep up with your business.
Growth & Expansion:
Capacity is 35 and is already fair enough for this place.
Our furnitures are included to price, as well as our current tenants.
Support & Training:
We can give 3 weeks training for free! We can show how to find tenants -system and websites that we use- We can help future time as well. Until you believe you are okay by yourself, we are going to help you.
Reason for Selling:
Owner of the company is moving out of the country.
Business Website:
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Business Listed By:
Alex Deniz

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