Return to broker profile

Hostel near LA Downtown - Absentee Owner Run

Los Angeles, CA (Los Angeles County) (Relocatable)

Seller Financing Available
Hostel near LA Downtown - Absentee Owner Run
Contact Seller

Asking Price: $95,000

Cash Flow: $54,000

Gross Revenue: $172,800

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2018

Hostel near LA Downtown - Absentee Owner Run

Save Print Share Valuation Report

Business Description

Freshly built 2-unit house in 2018 hostel with 39 beds for rent, occupying entire second floor for $6,500 rent paid to the landlord. 2 long term resident hosts takes care of checking in and out guests in exchange for free rent. There is one spacious bedroom for the owner but not used. The new owner can live in this room and makes reasonable easy income each month. There are shared kitchen, bathrooms, dining table, living room and pay washer and dryer.

Detailed Information

Location:
Los Angeles, CA
Facilities:
Home Based
Growth & Expansion:
growing industry
Financing:
35,000 for 1 year @8%
Support & Training:
1 week up to 40 hours
Reason for Selling:
other business interest
Home-Based:
This business is Home-Based
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Douglas Kim

Business Listed By:
Douglas Kim

Douglas Kim

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1657974 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Blue Coast Savings Consultants

Franchise Opportunity In CA
Cash Required: $21,900