Summary
This hotel makes money from renting out rooms, the bar with live music, gaming machines and pool tables as well as annual increasing revenue from the cell phone towers
Give me more informationFully describe the business's activities?
How does the business operate on a daily basis?
Bar and restaurant opens to the public daily with gaming machines and pool tables.
What Advertising/Marketing is carried out?
Regulars
Word-of-mouth
What competition exists?
How could the profitability of the business be improved?
- Venue for a variety of functions
- Sunday Family Lunch Special in the Dining Room area
- Additional entertainment evenings, e.g. Bingo, Quiz nights, Poker Nights
- Additional gaming machines
- Outside catering for individual and group functions
Give a breakdown of staff/ functions/ length of service?
5 x Kitchen and bar staff averaging 8 years in employment, with 1 on 2 years
2 Site managers - 3 and 9 years
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
The landlord has indicated that he is willing to sign a long lease with the new owner
What are the trading hours?
What are the main assets of the business?
Strengths?
Regular patronage from locals
Regular meeting place for various associations
Flexible offerings
Weaknesses?
Recent financial results show impact of weaker economy
No active social media presence
Can't make bookings online
The bathrooms are not en-suite
Opportunities?
- Venue for functions
- Additional entertainment evenings
- Additional gaming machines
- Outside catering
Threats?
What is the reason for the sale?
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Wedding venue, buildings included, just outside of Pretoria
11,000,000
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