Ref. No - BFS937257

LocationSouth Africa, KwaZulu-Natal

Ref. No - BFS937257

Sector - Accommodation

Asking Price
R5,700,000
Monthly Profit
R8,636
Asset Value
R 260,000
Stock Value
R 200,000
Yearly Net Profit
R 103,636

Summary

This stunning property offers a 4-star Bed & Breakfast with 10 air-conditioned rooms, including two self-catering units with kitchenettes. Guests enjoy a spacious dining area and an industrial kitchen, with an inverter and battery system ensuring uninterrupted lighting. The main house is a stylish, upmarket home set against an indigenous forest. It features a modern kitchen with a pantry and laundry, formal and TV lounges (with underfloor heating and a fireplace), a dining room, an office, and four spacious bedroomstwo en suite. Entertainment areas include a bar/pool room, an upstairs TV lounge/entertainment area with a Balu deck, and a covered braai and pizza oven area. Two large garages provide parking for four cars. The secure property is fully walled and gated, with an irrigation-fed garden, floodlit tennis court, swimming pool, trampoline, and a vegetable garden supplying fresh produce to the B&B. A solar system with an inverter and batteries ensures energy efficiency. Additional features include three staff rooms with solar-heated water..

Give me more information

Fully describe the business's activities?

Property size Lot 1414 - 7888m2
A farm style home 640 m2 under roof separate from the B&B, face brick outside, plaster and paint inside, Kitchen and bathrooms updated about 10yrs ago 4 bedrooms & 3 and a half bathrooms Solar batteries and invertor
Upstairs bar and pool room
Braai/ pizza oven area
formal lounge TV lounge with log burning fireplace Double garages
house has built in vacuum cleaner

Bed and breakfast on the same property 500m2 under roof , 10 rooms of which 2 have kitchenettes for self catering. B&B has own dinning room, and industrial stye kitchen, sun deck over looking garden and forest
All rooms en suit, they all have aircons, fans, heaters, TV's WIFI, fridges, microwaves, plenty safe parking, own entrances.

Property has swimming pool, tennis court flood lit, trampoline, tarred driveway and parking areas

How does the business operate on a daily basis?

Normal bed and breakfast and offer dinner on request, due to lack of restaurants in the area.

Online booking system
Manager run.

What Advertising/Marketing is carried out?

Booking portals,
Booking.com
Expedia
Air b&b
Nightsbridge
Safarinow
lekkerslaap

What competition exists?

Other B&B's in Eshowe

I only know of 2 others B&B that are 4 star graded, helps with corporate bookings

How could the profitability of the business be improved?

Turn our home into B&B
More aggressive marketing - social media platforms

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

Manager - 5yrs, see guest checked in, bookings, invoicing, collecting money, overall running of B&B
Buying of stock, checking rooms, linen stock checks done monthly
Chef - 3yrs, cooks breakfasts, and dinners on request,
B&B assistant - 20 yrs, stand in chef, helps in kitchen, cleans rooms, washing, ironing
B&B assistant - 12years, cleans rooms, washing ironing, helps in garden when quiet
Gardner - 18 yrs , all garden duties

How involved is the Owner in running the business?

The owner do the admin, VAT, salaries wage payments

When does the current lease end?

No Lease

What are the trading hours?

6am to 830Pm weekends and holidays
some staff work a split shift

What are the main assets of the business?

Properties, Buildings and B&B stock, such as linen, crockery cutlery, washing machines, tumble dryers, fridges, freezers, stove, dishwasher, roller iron, press iron
Furniture in rooms, paintings, curtains

Strengths?

It is an old established business with a lot of come back customers
Location is special, one boundary is on the forest, very quiet, cull de sac
Beautiful gardens
Big potential to build more or convert house to B&B as well,

Weaknesses?

None

Opportunities?

Ample land to build on,
Ample space for marques for events such as weddings,
Conference venue
Improve marketing (I have not concentrated on marketing in recent years)

Threats?

None

What is the reason for the sale?

Wanting to retire
Location

Contact | Enquire

Werner

Werner Angell-Schau

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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