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Hostel In Medellin, Colombia For Sale

Medellin, Antioquia, Colombia
Asking Price:
Under $100K (USD) Furniture / Fixtures included
Sales Revenue:
$110,000 (USD)
Cash Flow:
$20,000 (USD)

• Profitable, 30% RoI - hands free/process driven
• Purchase 50% or 100% of Ivy Hostel
• Sleeps 42 guests, 4 privates, 5 dorms
• 4 Communal areas, including kitchen, TV room with Netflix, & bar/terrace
• Opened March 2016
• Work with a truly global young and diversified client base
• Selling the business as a going concern. You would be buying the tangible assets and the goodwill
developed through a highly recognized brand, excellent staff and highly ranked online presence
• Structured sale/buyer transition program
• Full-time Manager & business partner's experience makes it a great entry-level opportunity for someone that needs a Colombian investment visa or is undertaking their first business
• Process driven business with solid business practices and documentation, rare in both Colombia and the hostel industry

Property Information

Real Estate:


Lease Terms:

2 years.

Leasehold Rent:

$30,000 (USD) per annum

Living Accommodation:

Sleep 45 guests.



Premises Details:

Numbers all stated for the hostel as a whole. Possibility to buy the whole 100%.

Size in square feet:

Business Operation

Expansion Potential:

Growth Opportunities
• Growing tourism and backpacker numbers to Medellin
• Online marketing and advertising and use the hostel’s existing high rating and online presence
• Host more events, BBQ’s, salsa classes, theme nights at the bar etc.
• Sell food to heavy foot traffic walking between the station ( Aguacatala ) and Santa Fe
• Sell cigarettes & increase food sales in reception
• The block has 150 Sq. metres of unused land space
• Leverage the location of very close to the Aguacatala metro, Centro Commercial Santa Fe and Envigado for events etc.
• Hostel in growing part of Poblado , with a new strip of restaurants and BBC bar recently opened 1 block from the hostel
• Purchase the building and build out the second level of the hostel

Competition / Market:

See HostelWorld for Medellin (the main hostel booking platform).

Reasons for selling:

Focus on other business and spend more time in Australia.

Trading hours:


Years established:

Other Information

Support & training:

1-month transition package included. However, with my existing business partner and the manager means you basically can slide in and learn as you so desire.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$300 (USD)
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