Business for Sale Overview:
International hostel operating from three convenient locations within the major metro areas of: New York, Philadelphia and Washington DC. The high demand and its exquisite features give the business its high level of appeal.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This attractive short and long term living, facility is the perfect solution for students and interns looking into spending a few moths at a time in the area. The New York City facility has an exclusive design that includes a friendly, welcoming atmosphere, and a clean, modern environment that features 3 separate living rooms and 3 separate kitchens. In addition, the dormitory rooms consist of 4, 6 or 8 beds accommodating up to 40 people. The average stay is up to 5 weeks. The company has hostels in three convenient locations: New York City, Philadelphia and Washington DC. Reservations and payments are made exclusively online.
Market Competition and Expansion:
Tremendous growth potential. The facility is rated # 1 in all of its three locations. There is minimal competition and the demand is very high.
Reason for Selling:
Seller will be focusing on software development.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.