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Successful Hostel With Travel Services Office
Location: Cambodia -> Sihanoukville
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation




Business Summary

Established nearly 5 years ago (Oct 2011), ''Serendipity Beach Hostel'', formerly known as ''The Led Zephyr Backstage Bungalows'', is ideally located in the heart of Sihanoukville's popular entertainment area and only a short walk to the beautiful Ochheauteal and Serendipity beaches.

Overview:
Best location in Sihanoukville - in the heart of Sihanoukville's entertainment area and on the main route to Ochheauteal and Serendipity beaches and the ferry pier to the islands, which means lots of passing trade
Largest Hostel in Sihanoukville and closest to beaches with present capacity for 126 people
Travel Services Office linked to Koh Rong Travel - biggest diving company in Sihanoukville, sells all major reputable coach and minibus companies and routes, ferry tickets and accommodation for Koh Rong, Koh Samloem and Koh Ta Kiev islands, plus various activities and day trips
Around $175k in existing accommodation and travel office sales
Potential to further increase sales by building roof top bar with views to the sea and islands and/or increasing capacity to 174+ people with the addition of double bed POD units
Online Hostel management system linked to Hostelworld, Booking.com, Agoda and Expedia (and all their affliate websites - Hotels.com, Trivago, etc.)
Fully programmed POS system with accounting package for sales recording, cost monitoring and stock management
Trained and experienced staff with upto date employment paperwork manning a 24hr reception
10 year lease ends July 2021 with 1 year extension
Built on ''hard titled'' land with a rock solid lease - business has a solid foundation and cannot be easily destroyed or repossessed

Offers around $125,000 or lease for $2,900 pcm (incl. land rent)

Land rent: $950pcm (if bought)

Contact Andy Jopson here or call +855 (0)77 895150

More info on Serendipity Beach Resort website


Financials

Asking Price Range:  < $250K
Gross Revenues:   $175,000
Cash Flow:   $175,000
Cash Flow Type:  EBITDA
Inventory:  $45,000
Seller Financing:  No

About The Business

Year Established:  2011
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

Photos

View Larger Photo(s) Of Business
Successful Hostel With Travel Services Office Photo 1 Successful Hostel With Travel Services Office Photo 2 Successful Hostel With Travel Services Office Photo 3




Print Listing Id: 700263019
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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