Profitable Hostel

Profitable Hostel

location_on Midwest ,  United States

Please note:
Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Investors are encouraged to review and evaluate the investments and determine at their own discretion, the appropriateness of making the particular investment. The information on this website is provided for informational purposes only, but we cannot guarantee that the information is accurate or complete. We strongly encourage investors to complete their own due diligence with licensed professionals, prior to making any investment and will not offer any legal or tax advice.

Short Summary

I'm looking to purchase an established hostel in New Orleans that has been well known and profitable for years, however the owner is retiring. I previously worked there and have the passion to carry it forward as operating manager.

Highlights

  • The hostel is an established business of 30 years, well known by travellers
  • It offers direct access to the biggest Mardi Gras parade and the streetcar
  • I have experience working at the hostel myself and plan to manage it
  • Seller financing is available for the remainder of the purchase.
  • The only hostel in New Orleans that offers a pool.

Overview

Target €1,300,000
Minimum €9,000
Investment Raised €350,000
Previous Rounds €0
Stage Profitable
Investor Role Silent

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