Ref. No - BFS936541
South Africa, GautengRef. No - BFS936541
Sector - Accommodation
Asking Price
R60,900,000
Monthly Profit
R420,207
Asset Value
R 63,000,000
Stock Value
R 1,000,000
Yearly Net Profit
R 5,042,483
Summary
Many years operating , profitable, within easy driving distance from Johannesburg. Well managed and well maintained
Give me more informationFully describe the business's activities?
The operates as a Hotel and Resort
How does the business operate on a daily basis?
The management team and staff handles the activities of the Hotel/Resort on a daily basis
What Advertising/Marketing is carried out?
The Brand is marketed within a marketing plan in conjunction with Marketing Agents.
Internal events and social media is used to attracted clients.
Internal events and social media is used to attracted clients.
What competition exists?
Yes
How could the profitability of the business be improved?
More Marketing and organizing of events to attract clients during the week days can be done
Give a breakdown of staff/ functions/ length of service?
Detail is available
Do any have management potential?
Yes
How involved is the Owner in running the business?
Only on a monitoring capacity.
When does the current lease end?
None
What are the trading hours?
24 hours 7 days a week
What are the main assets of the business?
The comfortable accommodation with fantastic facilities on site, restaurant, bar, nearby golf course, swimming pool, gym, spa and a river to be explored by a kayak.
The Hotel / Resort is Sectional title registered and can more than 100 rooms being sold if so wish..
There are a 500kva Generator installed.
The Hotel / Resort is Sectional title registered and can more than 100 rooms being sold if so wish..
There are a 500kva Generator installed.
Strengths?
Well established and well run Hotel/Resort
Beautiful environment.
Easy to reach from Pretoria and Johannesburg.
Beautiful environment.
Easy to reach from Pretoria and Johannesburg.
Weaknesses?
Occupancy to be increased during the weekdays
Opportunities?
Buildings can be extended for further development.
New developments in the areais on its way that will compliment the Hotel/ Resort activities.
New developments in the areais on its way that will compliment the Hotel/ Resort activities.
Threats?
Strikes and bad publicity
What is the reason for the sale?
The owner would like to retire and consolidating his businesses
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