Sector - Property
Magnificent sea view prime property 32 hectares with existing homeowner units and opportunity to develop an additional 40 units, nice monthly levy income holiday rental income along with bar and bakery incomeGive me more information
How involved is the Owner in running the business?
the owner has an on site manager but she herself is fully active in the business despite being based in Nelspruit for some of the year. The seller employs all the staff those who maintain her operations and those who maintain the units for the homeowners and this they pay her an additional amount for .their employment is part of the contarct between the homeowner and the resort and is part of an employment agreement with the authorities
When does the current lease end?
80 years and is open for renewal
What are the main assets of the business?
The assets of the business include the leasehold on the property which spans 32 hectares 24 hectares of which is still undeveloped and of which 1, 5 klm has full sea view and is capable of accomodating an additional 40 homes , the seller's 2 personally owned homes , the vehicles and the operational assets to maintain the property, , the on site bakery and all its operational assets, the on site bar and all its operational assets, the office and administration assets and the workshop assets
What is the reason for the sale?
The seller has been in the hospitality industry for all of over 29 years and she wishes to semi retire.
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
your business for sale
the right audience
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
The beauty industry is ever-popular in South Africa, and a great choice for buyers to delve into whe
Choosing an existing business for sale is the easy part; by the time you’re considering buying a b
For the modern-day consumer, convenience is key. If something can be done faster and more effectivel
When the market conditions are less than ideal (like now), you’ll probably be reluctant to sell yo
COVID-19 has had a devastating effect on South African businesses, with many being shut down indefin
Many businesses get to a stage where they consider expansion, and franchising is one way of expandin