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Looking for a first hostel purchase - UK OR EU

Buy / Sell a Hostel

David Owen started this discussion 7 years 9 months ago

Hi - My name is David and together with my daughter Angharad we are looking to buy a hosel business, either in the UK or in Europe. Preferably one that is currently up and running and profitable.

My wife and I are active in the property sector and we have had properties that we holiday let in the past, but now want to expand into the hospitality arena focusiing on the hostel market. Our daughter will run it.

We have just started our search and have a price range of around £500K GBP.

If anyone out there has any advice for us, especially where we can look to find businesses on the market, i would be really grateful.

I have an interest in Prague - daughter having spent an exchange year there last year - but I am having difficulty finding anything actually on the market, so any tips would be great.

Thank you,

Regards,

David

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jdoh

7 years

Hi David

would it be possible to send me your contact details by email,

would like to discuss our hostel projects we have at the moment in the uk.

[email protected]

thanks

kind regards

Jonathan

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fallinglakes

7 years

Hi David,

if you are interested in Croatia drop as an email. We are very profitable, it would be a good ROI and we are the right size for what you are looking for.

email: [email protected]

Regards,

Boris

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johnnybest

7 years

Hello!

I'm selling a hostel in the center of Vilnius, Lithuania.

Guesthouse (hostel) - a convenient and profitable business. Form UAB (JSC) with registered capital of more than 76,000 euros. It allows qualify for a residence permit for three co-owners. Area rented premises of 400 sq / m. Total: 7 bedrooms rooms can accommodate from 4 to 8 places with expandable up to 50 hospital beds, 8 bathrooms, storage room, kitchen, common area.
Heating gas. Furniture: beds, refrigerator, cooking stove, tables and chairs in the living room, a computers for service and for guests, wooden and metal cabinets storage of personal belongings, air conditioning. There is site, premises leases with booking.com, with legal entities, which organizing group tours.

You can reach us through website: doremihostel.com.

Payback 2-3 years.

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Bucurs

7 years

Hello happy people,

Please check our hostel here https://hostelmanagement.com/forums/top-rated-central-hostel-bucharest-r...

Lovely days,

Irina

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