Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Accommodation

Asking Price
R7,500,000
Monthly Profit
R 8,724
Asset Value
R 3,486,130
Stock Value
R 7,137
Yearly Net Profit
R 104,682

Summary

This Guesthouse with a river frontage on a 5 hectare property offers 6 luxuriously furnished cottages and a 7th cottage fitted for the disabled. The cottages have airconditioning, queen size beds, en suite spa bath, TV and luxurious furnishings.

Give me more information

Fully describe the business's activities?

Guest house - dinner, bed and breakfast and lunches included.

How does the business operate on a daily basis?

The husband and wife team are fully involved in running all aspects of the guest house and large property. The property has a beautiful water frontage. Walking paths have been developed and a cycle path is in the process of being developed.

What Advertising/Marketing is carried out?

Facebook, web page, magazines and Midlands Meander

What competition exists?

There is no real competition as there are no licenced establishments like this guest house in the area.

How could the profitability of the business be improved?

Establish and advertise the guest house as a wedding venue and conference centre.
Open the restaurant to the public.

Give a breakdown of staff/ functions/ length of service?

Three ladies clean cottages and one lady also cooks. All have between 3 months and 3 years service.
One gentleman is responsible for maintenance and gardening. He has 2 years service.

Do any have management potential?

No

How involved is the Owner in running the business?

Full time involvement.

What are the trading hours?

24 hours

What are the main assets of the business?

The main guest house, 7 cottages and other out buildings, and the furnishings in each of the cottages.

Strengths?

Owner operated, personal service, excellent condition, located in the beautiful Midlands of KZN.
The river frontage and gardens where visitors can picnic with a gourmet picnic basket lunch supplied by the guest house.
The gentle walking paths for guests.
The Guest House has a 3 Star rating from the Grading Council of SA.
The Guest House has been awarded the Lilizela Tourism Award in 2017 and 2018.
The main Guest House could be re-designed to accommodate more guests.
There is a heavy duty generator, laundry, borehole and water tanks.

Weaknesses?

Does not cater for visitors from other guest lodges and self catering establishments in the area and local residents.

Opportunities?

Develop and promote as a wedding venue and conference centre.
Open the restaurant to local residents and visitors from other guest lodges and self-catering establishments in the area.

Threats?

State of the economy

What is the reason for the sale?

The owners wish to retire with possibility of relocating overseas as their children and grandchildren live overseas.

Location

Contact | Enquire

John

John Londal

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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