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Small Freehold Hostel In Hull City Centre
Hull, East Riding of Yorkshire, Yorkshire & the HumberIdentity protected
Available
About this business
A small hostel in Hull city centre offering dormitory and private rooms to students, contractors and budget travellers. It opened in 2023, is run by a team of 3 and the property is held freehold. Turnover has grown each year from £124k to £160k, with EBITDA up from £19k to £22k. Margins are modest, as is usual for budget accommodation of this size. The asking price is £65k. A hands-on buyer could lift occupancy through online booking channels and longer stays.
Key investment highlights
- Freehold property
- Turnover up 29% since 2023
- Run by a team of 3
- City-centre location
Reason for sale
The owners are moving abroad and want a quick sale to a hands-on operator.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover rose +7.4% in 2026.
- 2023: baseline
- 2024 (+6.5%)
- 2025 (+12.9%)
- 2026 (+7.4%)
4 years of turnover, 2023 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin narrowed from 15.3% in 2023 to 13.8% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.