SOLD

Awesome Backpackers Hostel

$269,000
SOLD

Awesome Backpackers Hostel

$269,000
GMO ref 6305

AN OPPORTUNITY EXISTS FOR AN ASTUTE INVESTOR TO ACQUIRE A FULLY MANAGED HOSTEL LOCATED IN THE HEART OF NORTHBRIDGE

Centrally located in the heart of Northbridge close to all amenities and the entertainment precinct. The business is fully operated under management by a full-time employee/hostel manager and very profitable.

The property was upgraded in recent times, features entertainment facilities and is very popular amongst young travellers.

A long lease is in place, providing Security of Tenure and surety.

Northbridge,  an inner suburb of Perth, is home to streets lined with hip restaurants and clubs. An ideal destination for tourists and backpackers and is the home to nationally acclaimed events such as the Perth Fringe Festival.

The Hostel has positioned and marketed itself as a modern and friendly hostel, providing a number of free services that have assisted in attracting guests and thus increasing revenue.

Full asking price including all plant and equipment is $269,000 and at this price, it provides an excellent Return on Investment.

Contact Tony Batista for more information on this business opportunity:

Phone : (08) 9481 4422

Mobile : +61 412 659 655

Email : tbatista@buyabusiness.com.au

Address : 1310 Hay Street

Suburb : WEST PERTH WA 6005

Position : Corporate Business Broker

MEET THE AGENT

Tony Batista

Tony is one of WA’s most experienced brokers, having valued and sold businesses for over 23 years. Having been involved in close to 450 business transactions, and performing valuations in over 250 instances, Tony is expertly versed in all elements of selling quality businesses.Currently the Senior Lecturer in business broking and business valuation at The Real Estate Institute of Western Australia, Tony’s hands on knowledge of the business broking and valuation process is second to none.He holds a Diploma in Business Management, Certificate IV Qualification in Training and Assessment and also holds a current Triennial Certificate as a Licensed Real Estate and Business Agent. Tony has particular business broking experience and passion in the Transport, Manufacturing, Wholesale and Service, sectors and includes sales in retail, childcare and food industries in his industry background. 
CLIENT TESTIMONIALS
“We give our highest recommendation for the efforts of Jim Goodwin and Tony Batista in the sale of our business. Jim and Tony handled the process with the upmost professionalism and integrity. We have happily recommended GMO to other people who may be considering their business.”

Kamran Nowduschani & Louise Gordon - Sellers and Founders of Fiori Coffee, January 2012



Tony's Recent Sales Success:
  • SOLD: Tourist Park - $1,365,000
  • SOLD: Service (Safety) - $1,050,000
  • SOLD: Restaurant - $1,300,000
  • SOLD: Wholesale/Manufacture with Freehold - $9,300,000
  • SOLD: Wholesale/Manufacture - $2,900,000
  • SOLD: Wholesale/Manufacture - $950,000
  • SOLD: Service - $410,000
  • SOLD: Wholesale/Manufacture - $200,000
  • SOLD: Wholesale/Manufacture (Food) - $630,000
  • SOLD: Service (Cleaning) - $450,000
  • SOLD: Wholesale/Manufacture - $3,400,000
  • SOLD: Wholesale/Manufacture - $5,000,000
  • SOLD: Wholesale/Manufacture - $550,000
  • SOLD: Automotive - $620,000
Contact Tony today: