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Las Vegas

  • Listing No.: 101-16219

  • Category: Hotel/Motel, Leisure/Entertainment, Miscellaneous

Asking Price $875,000.00
Down Payment $400,000.00
Gross Revenue $831,168.00
Total Adjusted Net Income $512,008.00
Equipment / Fixtures $150,000.00
Year Established 2010
General Location Las Vegas
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The only hostel with almost nightly drinking and socializing! Unlike other hostels that are dry and boring, this is the most socially active hostel in town. Nightly club crawling and daily pool parties are part of why this hostel is so profitable and stays full year around. Owner will train for a smooth transition, easy to Learn and Operate. All gross sales revenue can be verified through sellers tax returns and bank statements. This turn-key business is extremely profitable and includes all of the furniture, fixtures, inventory, signage and rental equipment. For more information including a detailed confidential opportunity summary with financial information and photos, please email the listing agent.

Gross Revenue $831,168.00 Listed Price $875,000.00
Total Income $512,008.00 Down Payment $400,000.00
Base Rent $7,562.50 Square Feet 43650
Total Rent $7,562.50 Lease Expiration 1/2030
Rent Deposit $8,500.00 Lease Options landlord is open
Inventory Not Included Leasehold Improvements $75,000
Equipment / Fixtures $150,000.00 Other Assets
Full-Time Employees 1 Training Period 14 Calendar Days
Part-Time Employees 2 Special License Required Motel
Contract Staff 12 Reason for Selling Seller is Moving Out of State

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.