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Startup Community House In Silicon Valley
Location: United States -> California -> Northern California - Bay Area -> Palo Alto
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast

Business Summary

In the heart of Silicon Valley, the epicenter of technology and startups we create a community by housing talented entrepreneurs, scientists and hi tech professionals from all over the world.

Silicon Valley housing has been an important topic for the past years. Popular destination for businesses and students, high prices and high demand lead to need of shared community homes.

At this time we are operating 2 locations in Palo Alto. We are selling one location with intention to expend further in Silicon Valley and other major US cities.

The facility has been set up to the need of our customers. Large work space and meeting room, self check in process with welcoming tour, printer, bikes and many other amenities.

The house has 3 bed/2 bath, 2 bonus rooms and garden room, at 2200+ sq feet . Large front and back yard with 8 palms, orange tree, lemon tree, pear tree. Located right next to a large park.

Prime location, less then 20 minutes away from Google, Facebook, Apple, Microsoft, Stanford University and many others.

This location can accommodate 14 people at a time. Average occupancy rate is 75%.

We are hosting guests through AirBnB. Non AirBnB guests contain 20% of total bookings. We have hosted over 500 guests past few years. There is an immediate cash flow.

Have you heart about Silicon Valley show?! Come and live it! We had hosted many talented people that created successful companies under one roof. Create a worldwide network. Excellent business opportunity for entrepreneurs.

New business owner take over the AirBnB Accounts. Training provided for the new host, no experience needed. Operating the business is average of 20 hours/ week. Home based business.

Asking price: $100,000.00

Detailed profit statements provided upon request.

We are selling the business, but investment and/or partnership arrangements are very possible.


Asking Price Range:  < $250K
Gross Revenues:   $180,000
Cash Flow:   $80,000
Cash Flow Type:  EBITDA
Inventory:  $30,000
Seller Financing:  No

About The Business

Year Established:  2012
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Training provided for the new hoet, no experience needed
Reason For Selling:  Expending further in Silicon Valley and other major US cities

Print Listing Id: 700256929
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

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