We are selling our hostel business as one of us got married and has to do different things in life. Hostel is located in a rented building so the property is not included, what is included are all the registrations, contacts and contracts with the bookings systems+future bookings (Hostelworld, Hostelbookers, HostelsClub, Gomio, Booking) and own web site, all the furnitures and equipments (laundry, spare matresses and beds, kitchen materials, stocks etc) the legal firm and legality papers, and the rent contract of the building with a price of 5000 euro per month. The rent contract is for 3 plus 5 years but can be extened by landlord for 10 more.

The Hostel has 600m² in privates and dorms and common room+common kitchen, plus 35m2 of Outside Tarrace, and a 40 m2 indoor Terrace that are operating as bar and restaurant plus 2 floors of storage below ground level.The Hostel is located in the center of modern Istanbul.

There are 19 rooms, including 14 privates and 5 dorms, and capacity for 78 persons in current configuration but depending on marketing target a capasity of more than 120. There is a total of 12 showers and 11 WCs plus 4 ensuite.

Istanbul is a developing market in this sector and a major backpackers and budjet travellers destination, while at the same time being a low cost high revenew country.

NOTES:

Photos, Architecture Plans, Account info, Tax copies and legality papers, etc, will be sent on request, after a €400 deposit, which will be refunded in case of deal made.
Price: €180,000

Contact information:
Doro at [email protected]