SEAPS is proud to present……
Located just off the riverside this 11 room, 38 bedroom hostel with bar, restaurant and coffee shop is available for sale.
The ground floor has a coffee stall at the front leading into the seating/dinning/bar area with 14 tables and seating for 50-60 people, then a kitchen, toilets and a room to the rear. There are 10 single and double rooms and 1 dormitory room on the upper floors.
The business has a 10 year lease with 4 years remaining, the rent is $2,000 a month and a security deposit of $5,100.
Electricity is $750 pm, TV & water $10 pm, internet $40 pm, there a 6 full time staff with salaries amounting to $900 pm.
The hostel is being offered for $59,000, negotiable including the fixtures, fittings, staff, security deposit, business and tourism licence.
If you are looking for an established licenced Backpacker hostel in the riverside area, then book a viewing today!
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