@marionoutdoors: The Real Cost of Running an Appalachian Trail Hiker Hostel #finance #SmallBusiness #truth #Outdoors #money

notes_from_dad :

If u can answer, Wats the charge on ur hostel stays? And how often are you at or near capacity?

Steve L :

How is labor/payroll under $500???

Tom Tompson :

Does that cost drop over the offseason months?

Dexttrus :

How much do you bring in?

power_ten :

Takes 1200 bunk nights at 35 night, 600 private room nights at 70, to get to 42k/yr (marginal profit added).

🔖 :

What percentage of your hostel guests also buy things at the store?

Shana Snacks :

You can get one of those memory foam beds with a simple frame for like $150 and it'd be so much more comfy and durable than an air bed!

threadbare :

I’m sensing that all those cents make sense since it’s your census of cents. 💸

Derrick miller :

Also , if you make any charitable donations to nonper profits , you could also use those for a right off , including donations to hospitals and churches , including your tie

Daisy :

So if you count the mortgage payment and then mortgage interest you have doubled a fee

Amy B :

Could you cater to travel nurses during off season?

Jessica Matthews :

Glad that you have a store to help offset those costs for keeping prices lower

amieontherun :

We have enjoyed our stays there! And Marion is a great little town with lovely people!

Hex Adecimal :

I mistook the word hostel for hustle and then got so confused why you were adding streaming services to the budget 😆.

TheWickedLionLimited :

thats awesome that you have streaming services for it as well

MLove :

I was going to make one of these for my hotel, but in California 💔

Neurodivergent Adventures :

Derrick miller :

Well, you have to pay overhead like insurance on your inventory. If you have an employees, you have to pay them and then you have to pay yourself. Oh, let's not forget utilities electrical and if you're renting the building ramp and other odds and ends like insurance for your employees and yourself. Alright, these things so or right offs, not all of them you'll take an initial loss.But if any of the year , you claim that loss and the expenses , then the government will either give you a tax break or pay you back some of the money

Den Heffe :

must be profitable

lexalifts :

Do I need to book in advance to stay? I’m through hiking the at next year and would love to stop by

CTIgeek :

you left out the $12 million for liability insurance.

Candy Goldie :

What a cool place

Titou :

that’s fucked up