Profitable Hostel

Profitable Hostel

location_on Midwest United States

The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

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 £1,100,000
Minimum £7,000
Investment Raised £300,000
Previous Rounds £0
Stage Profitable
Investor Role Silent

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This promotion is exempt from the general restriction in section 21 of the Financial Services and Markets Act 2000 on the communication of invitations or inducements to engage in investment activity on the grounds it is made exclusively to ‘investment professionals’ within the meaning of Article 19 of the Financial Services and Markets Act (Financial Promotion) Order 2005 (FinProm); persons believed on reasonable grounds to be ‘certified high net worth individuals’ within the meaning of Article 48 FinProm; persons who are ‘certified sophisticated investors’ within the meaning of Article 50 FinProm; and persons who are ‘self-certified sophisticated investors’ within the meaning of Article 50A FinProm.

If you are in any doubt about the investment to which this email relates, you are strongly recommended to consult an appropriately authorised financial adviser qualified to give advice in relation to investment. This investment opportunity will not necessarily be suitable for all recipients of this email. Applications to subscribe for shares will only be accepted at the company's discretion from persons eligible to invest.