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Hostel In Tomar Historical City For Sale

Tomar, Santarém, Portugal
Asking Price:
€180,000
Sales Revenue:
€100K - €250K
Cash Flow:
Under €50K

Hostel has opened it’s doors the 24th May 2013, in he city center of Tomar.
It’s been nine years of work that allowed us to create a brand recognized by at least three distinctive markets: pilgrims that are doing the Saint James Portuguese Way, Sports teams and regular tourists (backpapers and others).

Hostel is now listed in the most prestigious guides such as Lonely Planet, Guide du Routard and all the Saint James Portuguese Way guides, like the most known from author John Brailey. We have been visited for several of these authors that have highlighted our Hostel in their guides.


We have room for 40 people between dormitories and private rooms.

We have an occupation rate higher than the average in our region, and we are still the first Hostel that has been opened and still the most known Hostel in the region.

We have been invited to national tv at least three times. We have been in several articles in the most prestigious newspapers and Portuguese magazines such has Expresso, Público, Visão, Evasões, Publituris, etc.

We are also very well related with the local community. Every year we make part of some social programs and we do a birthday party every year in our street that we offer to locals and clients to celebrate the Hostel.

We have a very good relation with the local community that recommend us to their family and friends.

The business is now running in its own.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

renewable contract every 5 years

Leasehold Rent:

€18,000 per annum

Location:

Main street of the city center of Tomar

Size in square feet:
300

Business Operation

Reasons for selling:

We decided to sell it because we have other core projects that we are developing and want to be concentrated on them. Also in tourism and hospitality but not diret competition.

Trading hours:

9h00 to 21h00, 7/7

Employees:
3
Years established:
9

Other Information

Support & training:

1 month of support and training by the manager

Furniture / Fixtures value:
€60,000
Website:
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