Filters
LocationSouth Africa, Western Cape

Sector - Accommodation

Asking Price
R4,830,000
Monthly Profit
R 27,335
Asset Value
R 3,531,103
Stock Value
R 0
Yearly Net Profit
R 328,023

Summary

Comfortable, air conditioned, fully equipped apartments, swimming pool and undercover BBQ / Braai facilities. Serviced daily. Safe parking for vehicles and trailers. Eight comfortable, self-catering units. En-suite bathroom with both bath and shower. Fully equipped kitchenette, with microwave, stove and bar fridge. DSTV. Air conditioning. Plasma TV. Daily housekeeping service. Braai facilities undercover. Laundry service. Swimming Pool, Wi-Fi .

Give me more information

Fully describe the business's activities?

Guesthouse and self catering accommodation with in-house restaurant.

How does the business operate on a daily basis?

The Owner handles the General Management functions.

What Advertising/Marketing is carried out?

Internet, social media, and other sundry initiatives.
The maintenance of the website has been handed out to a professional business and has shown significant increased interest.

What competition exists?

There are two other guesthouses in town but each has their own following.

How could the profitability of the business be improved?

By more focused on hand management and guest involvement which the Seller is not able to offer.

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

Recently appointed manager.
Gardener of 3 years +
4 Cleaning ladies of between 5 and 22 years service.

How involved is the Owner in running the business?

The Owner is based in Gauteng which is not an ideal situation.

What are the trading hours?

Guest house hours.

What are the main assets of the business?

The premises and the fixtures and fittings.

Strengths?

Well established Guest House in prime position as first one as enter town from the North...ideal location.
Current Owner has revamped the whole place and much more appealing with restaurant facilities now in-house.
Will offer the Owner an excellent quality of life in a very popular Garden Route Karoo town close to Oudtshoorn.

Weaknesses?

A major weakness over the past year are all the road works that have taken place which has impacted negatively on the businesses in the town.
This is however a thing of the past.
This type of business requires a hands on approach by the Owner or standards often drop...the current Owner unable to be hands on.

Opportunities?

An on-site Owner would add a lot of benefit to the health of the business and would increase the profitability significantly.
The business lends itself to small cozy group bookings by nature of the venue....this could be an opportunity to exploit.

Threats?

Now that the road works are almost a thing of the past there are no obvious threats known of.

What is the reason for the sale?

The Owner is leaving South Africa to relocate and therefore wishes to sell this guest house and the land.

Location

Contact | Enquire

Noel

Noel Heath

LocationSouth Africa

Preferred method of contact

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