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Ask HN: How can I sell my hacker house business?

25 点作者 realitygrill将近 8 年前
My friends and I run a hacker house in the Bay Area. It allows us to live for free in downtown Mountain View, be ramen-profitable, and give us the free time to try new startup ideas. We also met tons of great people, which is really going to help with recruiting later. One of our startup attempts is taking off, and so we’d like to sell our business quickly. Unfortunately it isn’t a very traditional business and we don’t have much of an idea of how to price this or find potential buyers.<p>The house makes about 90k&#x2F;year in profit the year it opened, and could probably do better (~150k) with full time management by one person. That also includes a free 1 bedroom apartment. We’re likely more successful than most of our competitors because of our unique location and housing structure, which we aggressively scouted for.<p>Who should we target as a buyer? Other founders, hacker house chains, or somebody else entirely?

7 条评论

godot将近 8 年前
This is probably a good place to ask as any; I might be interested myself (depending on the price point you&#x27;re looking for), so I&#x27;m going to ask more questions:<p>- What price point are you looking for? 1 year profit, 2 year profit, so like $90-180k? (seems like a normal range for valuation of companies)<p>- For that matter, you mentioned 90k&#x2F;year &quot;the year it opened&quot;, implying that that was the first year and you&#x27;re not on your first year now. Are you making more, less, same right now?<p>- What does running the business entail, what is the day to day operation like? Talking with residents and maintaining condition of the place?<p>- Does the day to day operation require living in the complex in Mountain View? (I know you mentioned it as a perk, but I own a house myself, with a family, elsewhere, and am not interested to move. Am I the wrong &quot;target audience&quot; to sell to?) [edit:] To clarify, I am in the bay area, but not in Mountain View. [edit 2:] To clarify again, I don&#x27;t have a problem with commuting to MV to work here, I only mean that I don&#x27;t intend to live there, and would probably rent out the &quot;master rooms&quot; also just as any other, if I run this.
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bsvalley将近 8 年前
what are you selling exactly? a company? a condo? developers? apps? how do you make 90k&#x2F;year? what&#x27;s your business model?<p>Not sure your message was clear enough.
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rajeshp1986将近 8 年前
Why do you want to sell this? if you are profitable and making 90k&#x2F;year then it doesn&#x27;t make sense to sell it. I would say rather try building a brand. Expand to one more location and increase revenue. Struggle for few more years and have at least 3-5 outlets and then think of selling it. The way I see it is you have a good business model and there is a scope in the market for such thing. You should rather focus on expanding than selling it.
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Kevin_S将近 8 年前
Huh.<p>This is super interesting to me. I don&#x27;t live out in the valley though.<p>Would you consider essentially hiring someone to come and run the place? I actually think this is something I would be good at.<p>How did you get into this space? I may start to seriously look into this. I actually have a business idea I&#x27;m working on that is somewhat related.
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leojg将近 8 年前
What is the difference with a hostel or a pension? For what I understand this is just that but with a fancy name
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arikr将近 8 年前
Is it legal?<p>Seems like if you have more than 5 bedrooms for guests it may not be?<p><a href="https:&#x2F;&#x2F;patch.com&#x2F;california&#x2F;mountainview&#x2F;hacker-hostel-illegal-says-code-enforcement-unit" rel="nofollow">https:&#x2F;&#x2F;patch.com&#x2F;california&#x2F;mountainview&#x2F;hacker-hostel-ille...</a>
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gcheong将近 8 年前
Have you considered hiring someone full time to manage it? You could include the apartment as part of the compensation and maybe provide some kind of profit sharing bonus incentive as well.
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