Bed & Breakfasts for sale in Edinburgh City

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Polly Franey (July 2015)
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Leasehold Price: £300,000
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Business Description
• Established business brand / long lease
• Accommodates 34 people / in-house laundry facilities
• Secure mobile website / Integrated booking system
• Digital concierge mobile map / Full S.O.P handbook

A Well Presented & Popular Hostel Located 300 Yards From Princess Street
The sale of Haggis Hostel offers a rare opportunity to purchase a high quality, beautifully presented business. The business has the added advantage of having an operational mobile app and secure mobile friendly website.
REF: 43658
PRICE: £300,000

Haggis Hostel is an extremely well operated business that has been run by the current vendor for 4 years. The business trades throughout the year and its quality is reflected in the number of awards it currently holds. Accredited by Visit Scotland at 4 stars and achieving the certificate of Excellence from Trip Advisor 3 years running. Other accolades include the Golden Back Pack award from T.N.T Travel Magazine, Top Choice 2015 from lianorg.com and highly recommended by booking.com, Late rooms, and Trivago to name a few. Currently listed in the top 20 specialist accommodation in Edinburgh and among the cites top hostels. Haggis Hostels is certainly a symbol of quality to the budget traveller and has been named as Edinburgh’s best hostel by numerous notable travel bloggers.

Haggis Hostels occupies at present one site. Located in the centre of Edinburgh overlooking the prestigious Balmoral Hotel with views of the iconic Princess Street from the kitchen window. The business has been built as a brand with the vision to expand across the country. With the smiling happy character Hamish the Haggis as a symbol of this friendly Scottish brand. This would be an ideal investment for someone with the drive and vision to continue with this project and works equally as a stand alone business in this highly sought after location.

Additional marketing is carried out through its own recently upgraded secure website www.haggishostels.co.uk. The website hosts a fully integrated custom built booking engine. Haggis Hostels also comes with an innovative android and apple digital concierge smart phone APP. The APP is free to download, and can help you to book accommodation, extend your stay, release special offers and up sells affiliate partners products thus earning commission on all sorts of products and experiences. This is also a tool for the haggis Hostels guests so that they can enjoy their stay to the full. Haggis Hostels has built up an excellent reputation and n

Summary. The sale of Haggis Hostel offers a rare opportunity to purchase a high quality, beautifully presented branded business with fantastic potential for expansion. The business has the added advantage of having an operational mobile app and secure mobile friendly website.

Price
OIRO £300,000 are sought for the leasehold, website, app, fixtures fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.
Tenure: Leasehold

Listed by: Bruce & Co
Find out more about this business for sale opportunity by submitting the form below.
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BC43658
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