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Notso	
  Hostel	
  
   Charleston,	
  SC	
  
     	
       	
  	
  	
  	
  	
  	
  Notso	
  Hostel	
  
	
      	
       	
  	
  	
  	
  	
  Charleston,	
  SC	
  
MAIN	
  (2002)
— 24	
  dorm	
  beds	
  ($23)	
  
— 8	
  private	
  rooms	
  ($60)
— Potential	
  Revenue	
  $374,220
ANNEX	
  (2010)
— 6	
  private	
  rooms	
  ($70/$80)
— Potential	
  Revenue	
  $154,900
TOTAL	
  
— 38	
  beds	
  
— 52	
  person	
  capacity	
  
— Potential	
  Revenue	
  $529,020
       	
        Table	
  of	
  Contents	
  
— Chapter	
  One-­‐	
  Why	
  a	
  Hostel?	
  
— Chapter	
  Two-­‐	
  How	
  to	
  Open	
  a	
  Hostel	
  
— Chapter	
  Three-­‐	
  Getting	
  Started	
  
— Chapter	
  Four-­‐	
  Bookings	
  and	
  More	
  
— Chapter	
  Five-­‐	
  Policies	
  
— Chapter	
  Six-­‐	
  Procedures	
  
— Chapter	
  Seven-­‐	
  Employees	
  
— Chapter	
  Eight-­‐Management	
  
— Chapter	
  Nine-­‐	
  Getting	
  Your	
  Hostel	
  Known	
  
— Chapter	
  Ten-­‐	
  Other	
  Revenue	
  Generating	
  Ideas	
  
— Chapter	
  Eleven-­‐	
  Notso	
  Hostel	
  History	
  
                 	
  	
  	
  	
  	
  	
  	
  	
  	
  	
     Chapter	
  Two	
  
How	
  to	
  open	
  a	
  hostel:	
  
— 	
                                          Notso	
  Hostel	
  Annex	
  
— 	
                                          Business	
  Plan	
  101
— 	
  	
                                      Predicting	
  Potential	
  Revenue	
  
— 	
                                          Occupancy	
  Rates	
  
— 	
                                          Revenue	
  Goals
— 	
                                          Notso	
  Hostel	
  Expenses
— 	
                                          Notso	
  Hostel	
  Revenue	
  	
  
— 	
                                          Profit	
  and	
  Loss	
  Statement	
  
— 	
                                          Small	
  Business	
  Loan	
           	
  
— 	
                                          Zoning	
  &	
  Variances	
  
— 	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  Commercial	
  Sprinkler	
  system
— 	
                                          Board	
  of	
  Architectural	
  Review	
  
— 	
                                          Board	
  of	
  Zoning	
  Appeals	
  
	
   	
  	
  
Recurring	
  Expenses-­‐	
  Estimate	
  
Non-­‐Recurring	
  Expenses-­‐	
  Estimate
 	
  	
  	
  	
  	
  Potential	
  Revenue	
  Predictions	
  
 	
  	
  Occupancy	
  Rates-­‐	
  Main	
  Location
Annex	
  Goals	
  &	
  Revenue	
  (First	
  Year)
Annex	
  Goals	
  &	
  Revenue	
  (Second	
  Yr)	
  
    Please	
  use	
  me	
  as	
  a	
  resource!	
  
Vikki	
  Matsis	
  
Manager
Notso	
  Hostel
156	
  Spring	
  Street
33	
  Cannon	
  Street	
  	
  
Charleston,	
  SC	
  29403
www.notsohostel.com	
  
(843)	
  722-­‐8383
Info@notsohostel.com	
  	
  
 	
  A	
  Moving	
  Picture	
  Boys	
  Production

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Inside An American Hostel

  • 1. Notso  Hostel   Charleston,  SC  
  • 2.                Notso  Hostel                Charleston,  SC   MAIN  (2002) — 24  dorm  beds  ($23)   — 8  private  rooms  ($60) — Potential  Revenue  $374,220 ANNEX  (2010) — 6  private  rooms  ($70/$80) — Potential  Revenue  $154,900 TOTAL   — 38  beds   — 52  person  capacity   — Potential  Revenue  $529,020
  • 3.
  • 4.     Table  of  Contents   — Chapter  One-­‐  Why  a  Hostel?   — Chapter  Two-­‐  How  to  Open  a  Hostel   — Chapter  Three-­‐  Getting  Started   — Chapter  Four-­‐  Bookings  and  More   — Chapter  Five-­‐  Policies   — Chapter  Six-­‐  Procedures   — Chapter  Seven-­‐  Employees   — Chapter  Eight-­‐Management   — Chapter  Nine-­‐  Getting  Your  Hostel  Known   — Chapter  Ten-­‐  Other  Revenue  Generating  Ideas   — Chapter  Eleven-­‐  Notso  Hostel  History  
  • 5.                       Chapter  Two   How  to  open  a  hostel:   —   Notso  Hostel  Annex   —   Business  Plan  101 —     Predicting  Potential  Revenue   —   Occupancy  Rates   —   Revenue  Goals —   Notso  Hostel  Expenses —   Notso  Hostel  Revenue     —   Profit  and  Loss  Statement   —   Small  Business  Loan     —   Zoning  &  Variances   —                      Commercial  Sprinkler  system —   Board  of  Architectural  Review   —   Board  of  Zoning  Appeals        
  • 8.            Potential  Revenue  Predictions  
  • 9.      Occupancy  Rates-­‐  Main  Location
  • 10. Annex  Goals  &  Revenue  (First  Year)
  • 11. Annex  Goals  &  Revenue  (Second  Yr)  
  • 12.   Please  use  me  as  a  resource!   Vikki  Matsis   Manager Notso  Hostel 156  Spring  Street 33  Cannon  Street     Charleston,  SC  29403 www.notsohostel.com   (843)  722-­‐8383 Info@notsohostel.com    
  • 13.    A  Moving  Picture  Boys  Production