Student Hostel [lp] - Business Sales Adelaide SA

Adelaide Business Agents CALL (+61) 0417 859 190 | 83 Fullarton Road, Kent Town, SA 5067

Student Hostel [lp]

Student Hostel [lp]

Current occupancy = +/- 38.0%;capacity +/- 78 bed

33 rooms with communal facilities

Close to Schools, Universities,

Public Transport nearby

sold @ 30/06/2018

Revenue/Sales		+/- 500,000 $ per annum
Net Profit		+/- "break even"
Lease		5 + 5 y+ 5 years
Rental		+/- 33,000$ per annum
Area		+/-
Staffing		+/- 3 including working owner
Trading Hours		+/- 24/7
ASKING PRICE:		$
Business		350,000$
Stock		tba $
Property		N/A $
Total		350,000$

Reference		LP-ccrm