Leading Hospitality Franchises for sale
International Hostel Franchises
Do you have an existing hotel, motel or Inn that has seen better days and you are actively searching for a franchise partner to help you create a market-leading hostel? Or perhaps you want advice on starting a hostel, have identified a property opportunity for a change of lifestyle or want to re-purpose a building to live your hospitality dream?
Mad Monkey Hostel provides our international brand license under franchise to select partners that are committed to our brand values of delivering the most social and socially responsible stay for our customer base of 18-35 year old millennial travelers.
International franchise inquiries are welcomed by anyone with a vision to create the best hostel company in the world. We have current operations in Asia and are actively seeking partners in the United States, Canada, South America, Eastern & Western Europe, Asia and Australia & New Zealand.
How to engage us The best way to reach out to us is to make contact with our Chairman over at Linkedin.com or to send an email to steve (at) madmonkeyhostels.com with the title Franchise. We will normally call you back within 48-72 hours for an initial 15-30 minute discussion.
Why Franchise A Hostel With Us
The most successful franchise partners share our vision of building a socially responsible, design and experience led hostel experience for our customers.
We are focused on engaging social spaces, sharing local cultures and experiences and having a positive impact on our communities. We have social responsibility at the core of what we do, and our hostel franchises deliver true bottom line value for our people, investors and our communities.
Hostel Franchise Requirements
We look for franchise partners that are committed to deliver the very best in customer experience, by joining our Mad Monkey Family you are investing in a team of people that are committed to your individual success and the values we live by.
We seek properties with the capabilities to provide a mixture of both shared dorm and private room accommodation and social spaces that must include a bar licensed to sell and serve alcohol. We can provide full assistance in securing licenses and permissions based on your individual property opportunity.
Who We Work With
We work with property owners, property investment companies, individual franchise owners and chain investors that wish to use profits from the first franchise to expand their ownership of Mad Monkey Franchises.
The value we provide to hostel Franchise partners
In summary we provide all of the support and materials and know how you need to be successful, your success is our success and we are committed to ensuring that every single franchise we enter into is representative of our brand and replicates our global success.
A kickass hostel brand franchise license
We provide access to our brand standards that defines exactly what needs to be in place for a Mad Monkey, from how T Shirts should be displayed, to menu design, reception design and everything else needed to deliver a consistent brand experience.
What is more as a budget operator we have over time really managed to drive down costs where possible, meaning that branding the hostel is against a brand standard that provides flexible options rather than strict expensive standards.
Training and know how in the hostel industry
We provide training services for all of our hostels, including the management training that you will need to be able to run and operate your hostel effectively. We include service training, help in defining menus and F&B offerings and also provide you with an experienced manager during the build and launch phase of your new Mad Monkey Hostel to ensure we iron out any early teething problems and build confidence and capability in your team.
Talent and an awesome work culture
Our international team includes management professionals, general managers and experienced young professionals with Mad Monkey brand experience. Many of our team are eager to work on new openings and as they have a passion for travel a two or three year engagement with a new hostel is always a welcome opportunity.
When recruited we have a robust and tested method of engaging your team into the Mad Monkey global family, including our team intranet that helps our teams share information and develop team ownership and personal commitment to our brand values.
Access to investment
We have investment partnerships in place with both private and institutional investors to help plug any gaps in funding for your hostel, although our hostel franchise is priced effectively you should be able to commit at least $150,000 USD of capital to each project.
We can advise you how to go about raising funds and the capital to start your business, secure the right investment partners and provide introductions if required. In many instances we will also be a co-investor with our franchise partner.
Complete hostel technology stack
We have spent many years developing a comprehensive technology stack for a new hostel that provides core functions such as booking engine, electronic point of sale, yield management, customer relationship management, payment processing and marketing technology. A typical hostel deployment takes just two to three weeks to deploy the entire technology stack of products that work together in order to get your hostel franchise up and running smoothly.
Marketing and yield management
We provide a full set of advertising services, marketing creation services, capabilities for yield management, plus access to our growing supply chain of over 1M past Mad Monkey customers to help you build rapid demand for your Mad Monkey property. Our business is growing our beds on an average of 45% per annum; this means that you are engaged in the business end of a high growth high demand business that has a proven model and successful track record.
Ongoing management support
Our management support includes access to legal and financial services, consultancy and help along the way. We also assist with financial aspects including audit, compliance, accounting and business management to support your business growth and success. We are fully committed to our partner’s success and we understand that your performance reflects on our brand value, for this reason you will be afforded every assistance to ensure your business rocks and replicates our success internationally.
An awesome team to work with
We operate a fun, caring and socially responsible environment that focuses on triple bottom line performance. We take care of our people with comprehensive benefits, consistent training and a commitment to their future. We are also active in our communities, every Mad Monkey hostel is required to establish its own positive corporate social responsibility agenda within 12 months of opening that ensures our partners gain trust, respect and maintain active positive involvement in the community around them.
Find Out More about Mad Monkey Hostels Franchises
The best way to reach out to us is to make contact with our Chairman over Linkedin.com or to send an email to steve (at) madmonkeyhostels.com with the title Franchise. We will normally call you back within 48-72 hours for an initial 15-30 minute discussion.
Contact Us to discuss your franchise opportunity. You will need:-
- The capability to deploy or raise 150K USD in Capital
- An identified property or opportunity
- Prior business or hospitality experience
- A commitment to doing business in a socially responsible way
- A commitment to benefiting the community around you
- A positive can do attitude
Contact steve (at) madmonkeyhostels.com