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Hostel Boise
I opened Hostel Boise in 2001 and have operated it successfully since then. This is the only Hostel in the state of Idaho. It is located on an acre in a rural area, yet is close to the interstate and only 15 min from downtown Boise and the Boise airport. There are 2 houses on the property. I live in one (3 bdrm, 2 bath) and the other is the Hostel. It has 4 sleeping rooms and 3 baths, a kitchen, common room, 2 patios, and a large landscaped yard & gardens. It is also bordered by a live stream. It can sleep about 14 people. I just started marketing it to groups 6 months ago and the revenue has doubled since then. The gross income last year was around $30,000. I am projecting a $40,000 revenue for 2015. I have operated it easily on my own and it supports me and pays for the property. For photos and reviews of Hostel Boise please visit the website at www.hostelboise.com.
I am asking $299,000 for the property and business. I do have it listed with a Realtor, so any actual transaction will need to go through her.
I am 68 years old and have recently married and will be retiring and moving when the Hostel sells. I love the business and the property, so am hoping to find someone who will want to continue the business.