Successful Hostel With Travel Services Office

www.GlobalBX.com

Listing ID: 700263019

Listing Title: Successful Hostel With Travel Services Office

Quick Link: http://www.globalbx.com/listing.asp?bId=263019

Industry: Hotels and Holiday Accommodation

Industry Segment: Other Hotels and Holiday Accommodation

Country: Cambodia

State / Province:

Area

City: Sihanoukville

Asking Price Range: < $250K

Gross Revenues: $175,000

Cash Flow: $175,000

Cash Flow Type: EBITDA

Year Established: 2011

Number of Employees: 10 - 19

Business Description:
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



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