LINK Business Brokers Australia

About this business for sale in Sydney City

Well established Accommodation Hostel.

  • 180 Beds.
  • Outstanding Location.
  • Situated in Newtown.
  • Close to Major Universities.
  • Surrounded by Cafes and retail outlets.
  • Fully Furnished and well-equipped Bedrooms, bathrooms and Laundry.
  • Great opportunity to take over a successful business.
  • Potential to grow the business and take it to another level.
  • Owner will train the incoming buyer on all aspects of the business, if required.

Can be converted to any Accommodation Requirement i.e. Motel, Student Accom, Backpackers.

Listing ID: NSW09447

Broker: Charles Gallen | Amit Gupta
Phone:  +61 411 185 606 | +61 491 616 144
Email: charles.gallen@linkbusiness.com.au | amit.gupta@linkbusiness.com.au

To complete an online confidentiality agreement visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09447

Disclaimer: Photos are for illustration purposes only and are not an actual image of the business for sale.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: Accommodation, Back Packers, Motel, Student Accommodation, Hostel

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #NSW09447
Price: $995,000
Profit*: $330,000
Sales Revenue: $1,200,000
Sydney Region, Sydney City
Accommodation/Tourism, Backpacker/Hostel
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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