InnShopper > Inns for Sale > International > Hostal El Momento

Hostal El Momento


Granada, Nicaragua   Offered for sale at $45,000
 

9 Private rooms - 2 with bathroom
1 Dorm - small
4 more bathrooms and a separate shower.
2 storage areas
1 office
Bar/Restaurant for breakfast and garden
Large reception area.

HOW GUESTS SEE US
Rated Best Hostel in Nicaragua 2016
5 years 90% ratings by reviews.
Over 800 reviews on 2 website.
Only hostel with a review in Lonely Planet.

All staff working minimum of 3 years and maximum of over 6 years, great reviews from guests.
Work with tour companies and taxi company for 5 years.
All permits in order.
Have an accountant who helps with all government papers including permits,tax,

IN ORDER
Books in order with numbers for all months to include :-
Guest percentage for dorm and privates
Reservation breakdown.
Occupancy rates.
Guest count.
Room Forecast each month.

OFFER
Hostel has US$13’000-$15’000 in Itinerary
The lease on the building is every 2-3 years
Owners of property do not get involved in the running of the business, only consult when any physical changes need to be made.

Sale at $45’000 including Itinerary.
Gross is around US$100'000 a year
Net is around $30’000 plus a year but with tour company and a well run restaurant this would be more, starting your own airport transfers alone could bring in another US$7000 a year.
The business is turnkey
The owner of the building has expressed interest in putting in a swimming pool and paying half of the investment.
Biggest investment would be a van or car if wanting to start tour company within hostel, that money would return quickly.



Property Details
Financial Details
  • Offered for sale at $45,000
  • Occupancy Rate: $8-$36 a night
  • Annual revenue is $95,000
Contact Information