I'm selling a hostel in the center of Vilnius, Lithuania.
Hostel - a convenient and profitable business. Form UAB (JSC) with registered capital of than 28,000 euros. It allows qualify for a residence permit for two co-owners. Area rented premises of 110 sq / m.
Central heating which is much more profitable than gas due to rising prices. Furniture: 17 beds, 3 refrigerators, 1 washing machine, 1 cooking stove, tables and chairs, wooden cabinets for storing personal items, bedside tables, air conditioners. Long-term lease agreements for premises, agreements with the world's major booking systems, with legal entities organizing group tours, with organized groups of tourists regularly holding events in Vilnius. Official net profit for 2020 - 14,000 euros, for 2021 - 13,000 euros, for 6 months of 2022 - 8,000 euros. Payback 1.5-2 years. The cost of the main equipment of the hostel is approximately 10,000 euros. All additional information on request.
Profit before corona for 2018 was more than 30000 euro, for 2019 - 23000 euro. All accountant documents will be shown to buyer.
The big plus is the lowest PVM - 9%.