Mr Hostel is a small, with low costs and highly profitable hostel in Riga the Paris of the North. The Hostel is running well with currently 95% rating on Hostelword and 93% on booking.com. The hostel as 22 beds (2 dorms, 2 private rooms), 1 small staff room and a manager room. For sale is all the equipment, brand, future bookings and licences. The apartment is in a charming 1900 German art noveau building located in the center of Riga, close to all transport hubs, supermarkets, shops, night life and the famous old town. The owner will stay as long as necessary to make sure of a smooth transition of the business.
Asking price 27.000 Euro and you can recover it in less than a year
Only serious buyers welcome