Ref. No - BFS935807

LocationSouth Africa, Mpumalanga

Ref. No - BFS935807

Sector - Accommodation

Asking Price
R5,950,000
Monthly Profit
R0
Asset Value
R 5,950,000
Stock Value
R 0
Yearly Net Profit
R 0

Summary

Lovely and fully functional Guest House for a luxurious stay. Stylishly decorated, and fully furnished rooms with their own entrances give you a private and comfortable stay. All rooms are equipped with en-suite bathrooms and are furnished with air-conditioning, DSTV, and internet access. Beautiful rock splash pool with a unique bushveld braai area. a Solid Business with good customer relations. This is a asset sale as a going concern.

Give me more information

Fully describe the business's activities?

Lovely and fully functional Guest House for a luxurious stay. Stylishly decorated, and fully furnished rooms with their own entrances give you a private and comfortable stay.
All rooms are equipped with en-suite bathrooms and are furnished with air-conditioning, DSTV, and internet access. Beautiful rock splash pool with a unique bushveld braai area. a Solid Business with good customer relations.

How does the business operate on a daily basis?

The rooms are now on a monthly contract basis and can be turn back to a bed and breakfast in no time.

What competition exists?

Other Guest houses

How could the profitability of the business be improved?

To revert back to a bed and breakfast guest house and nothing additional is required.

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

1 x Cheff / Manager 18 Years
1 x Cleaner 18 years
1 x Cleaner 1 year

Do any have management potential?

Yes

How involved is the Owner in running the business?

The owner is full time involve with the business.

When does the current lease end?

Owned

What are the main assets of the business?

Property buildings
Furniture
Fully equipped kitchen, launch, dining room office and swimming pool area and furnished on suite rooms.

Strengths?

High percentage occupancy.
Great location.

Weaknesses?

Loadshedding

Opportunities?

Revert back to Bed and Breakfast or Dinner and Bed.

Threats?

Covid
Competition

What is the reason for the sale?

Personal reasons
Pensionable age reached
Location

Contact | Enquire

Rolandi

Rolandi Smit

LocationSouth Africa, Mpumalanga

Preferred method of contact

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