Highly Profitable Hostel for Sale on the Las Vegas Strip

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Financial Details

Asking Price:
$875,000
Annual Revenue:
$831,168
Cash Flow / SDE:
$512,008
Profit Metric:
Total Adjusted Net Income
Valuation Multiple:
1.7x
Location:
Las Vegas, NV, US
Sources:
Date:
September 24, 2025

Key Highlights

Prime location on the Las Vegas Strip, attracting constant tourist traffic.
Unique social atmosphere with nightly events, ensuring high occupancy and profitability.
Turn-key operation with verified financials, owner training, and all FFE/inventory included.

Description

This listing presents a highly profitable and unique hostel located on the iconic Las Vegas Strip. Known as the '#1 Hostel in Las Vegas', it differentiates itself with a vibrant social atmosphere, featuring nightly drinking, socializing, club crawling, and daily pool parties, which contribute to its consistent high occupancy and profitability year-round. The business is described as turn-key, easy to learn and operate, with owner training available for a smooth transition. Financials, including gross sales revenue, are verifiable through tax returns and bank statements. The sale includes all furniture, fixtures, inventory, signage, and rental equipment. The property spans 43,650 square feet, with a monthly rent of $7,563 and a lease expiration in January 2030, with landlord openness to options. Established in 2010, this hospitality business is an attractive opportunity for buyers seeking a well-established and thriving venture in a prime tourist destination.

Industry Information

Industry Description:
Hotel/Motel, Leisure/Entertainment
Classification:
Entertainment & Recreation

Operational Snapshot

Year Established:
2010
Employees:
3
Reason for Selling:
Relocation

Real Estate & Lease

Status:
Leased
Monthly Rent:
$7,563 USD
Lease Expiration:
2030

Assets & Inventory

FF&E Value:
$150,000 USD
Includes FF&E:
Yes
Includes Inventory:
Yes

Broker Contact

Name:
Ciro 'Vic' Coppola
Company:
First Choice Business Brokers
Phone:
(702) 368-2500

Listing Details

Listing ID:
ae1cdf77-8fa3-45d5-b093-1ad248246a44
Source Listing ID:
16219
Deal Status:
Sold
Last Updated:
September 24, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified