15 years
Hostel for sale in Riga, Latvia
96% rating on Hostelworld with 213 reviews. #8 hostel worldwide in 2006.
What's its name??
Highly-rated Hostel for sale in Riga, Latvia
Buy / Sell a Hostel
Hostel for sale in Riga, Latvia
96% rating on Hostelworld with 213 reviews. #8 hostel worldwide in 2006.
- Comments
15 years
who bought it?
I'm not sure. The owner sent me an e-mail a while ago only saying that "it was sold".
15 years
I would like to know if there is a general trend in Europe as regards the price of hostels when they are sold.
Is the asking price equal to the price of the building or is it the price of the building together with the estimated profits coming from the business (the so-called "goodwill" element) ?
15 years
I would like to know if there is a general trend in Europe as regards the price of hostels when they are sold.
Is the asking price equal to the price of the building or is it the price of the building together with the estimated profits coming from the business (the so-called "goodwill" element) ?
Let's say, how much would you give for my hostel? What conditions would count? What opportunities you'd see in the future? How profitable a business already and how much more you can make? Overall the pricetag depends on buyer and seller...
15 years
How the buyer can find out about , lets say annual profit of that hostel ?
And why the price of the building should be higher just because it is a hostel ?
What measure is measuring avaluation of the hostel ?
I think if the hostel is 2-3 years old , the price of the building shouldn't be more than the standard price of the building
15 years
How the buyer can find out about , lets say annual profit of that hostel ?
I guess asking the seller to provide some info would be the easiest! :D
And why the price of the building should be higher just because it is a hostel ?
Because you are making money on it, not just living there.
What measure is measuring avaluation of the hostel ?
More precisely? :rolleyes:
I think if the hostel is 2-3 years old , the price of the building shouldn't be more than the standard price of the building
Well, overall it's always about buyers and sellers free agreement. If someone wants to sell a building on a skyrocket price and can't find an idiot buyer, the building will be untouched forever! :D
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