Hostel with Apartments - Croydon
Backpackers / Hostel
ActiveHospitality & TourismVictoriaB2C
Asking price
$1,200,000
Disclosed · AUD
Revenue
$884,000
TTM
Earnings (est.)
~$385,120
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~3.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A well-known hostel in Croydon's eastern suburbs offering fifty-three beds across single and double rooms, plus two attached apartments. The business has traded for decades with occupancy consistently around ninety to ninety-five percent, and sits on a long lease.
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