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Budget Hostel On A Leased Suburban Site In Sheffield

Sheffield, South Yorkshire, Yorkshire & the HumberIdentity protected

Available

Budget hostel on a leased suburban site in Sheffield

About this business

Shared and private rooms for walkers heading to the Peak District, visiting students and people working short contracts in Sheffield. The hostel opened in 2018 in leased suburban premises and is run by 4 staff covering reception, cleaning and bookings. Turnover has grown steadily from £181k to £220k, and EBITDA from £28k to £33k, a margin of about 15%. A buyer would take on the lease, the furnishings and an online booking presence that already brings in most guests.

Key investment highlights

  • Turnover up 22% since 2021
  • Team of 4
  • Close to the Peak District
  • Asking price of £140k

Reason for sale

The owners are retiring to the coast after running it since 2018.

Nothing flagged on the two questions buyers ask first

No flag

Revenue 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 +3.3% in 2026.

    • 2021: baseline
    • 2022 (+3.9%)
    • 2023 (+5.3%)
    • 2024 (+2.5%)
    • 2025 (+4.9%)
    • 2026 (+3.3%)

    6 years of turnover, 2021 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.

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.