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Serviced Apartment for Sale in San Cristobal de las Casas, Mexico

For Sale: Successful & fun hostel in the heart of San Cristobal de Las Casas.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 36 thousand
Run Rate Sales USD 35 thousand
EBITDA Margin 22 %
Industries Serviced Apartments
Locations  San Cristobal de las Casas
Local Time 7:10 AM America / Mexico City
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: MXN 690,000)
Reason: Owners are starting a new business venture.
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Documents
Outside View
Business Overview

* Hostel business with more than 8 years of successful operations.

* Hostel is located just 3 blocks from the main square.

* Has 10 rooms, 5 bathrooms, equipped kitchen, living room with fireplace, reception, games room, patio with lavish vegetation and lounge chairs.

* Business also has one commercial shop within the hostel with street access.

* Facility has amazing wall murals.

* This is a very profitable business, the business is doing much better than other hostel businesses even in these uncertain times.

* Sales have dropped due to fewer bookings due to the pandemic.

* Monthly expenses of the business are about US$ 1,500.

* Business is very well positioned in Booking. com, Airbnb, TripAdvisor, Trivago.

* This hostel has a good location advantage, prestige, and potential which is everything required for a business like this.

Products & Services Overview

Business offers homestay services to locals, national and international tourists.

Assets Overview

The sale of this business includes:

- All the furniture (beds, tables, chairs, patio furniture), pool table, ping pong table, darts, linen, stove, fridge, kitchen appliances, tools, propane tanks and everything else that is inside the facility to ensure the smooth operations.

- Transfer of the name and associated social media pages.

- Contact details of past guests and service providers.

- 30 days of training and business transition assistance.

- Details of the inventory is available upon request.

Facilities Overview

Located in the interior of a beautiful colonial house in the historical centre of the charming city of San Cristobal de Las Casas, Chiapas. Facility is on lease for 5 years and it is extendable.

Capitalization Overview
Not Disclosed
Recent Activity
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2 Buyers viewed this Business this week.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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