Ref. No - BFS00277
South Africa, Western CapeRef. No - BFS00277
Sector - Accommodation
Summary
This guest house has been meticulously refurbished over years, resulting in a 6-suite unique high quality guest house, with an expansion to 9 suites, unparalleled in its offering, with railroad luxury throughout the villa.
This 3 years in a row best guest reviews award winning rating is one of many accolades it received through the years.
The guest house guarantees a memorable stay blending convenience with sophistication backed up by 3 staff members that fulfills all the needs a guest requires during his/her stay
The visitors guest list reads like a who’s who, being supported by some of the top SA companies who are mostly return guests
The building, in extent over 500 sq meters, are divided in 3 functional levels, each having an uninterrupted view over the sea. The building is fully solar powered and can thus function independently
The outlay and décor of each room were well designed and speaks of ultra luxury, and a dining room which serves 3 meals a day (if needed)- the raw material used in the meals is freshly ordered daily as per the request of the guests
The building with mostly double interior walls is a very unique structure and would not cost less than R25,000/sq meters to replace- resulting that the replacement cost of the building would be R12,5 million excluding the stand- empty mountain stands with sea view in this seaside town differs between R3,5 to R5,5 million
Give me more informationHow long has the business been established?
2010
Is the business VAT Registered?
Yes it is VAT registered
Average monthly turnover differs between R125,000 to R209,000
Average occupancy is 59%
Average COS 9%
Average GP 91%
Average NP (EBITDA) R85,000 pm
Selling price- R13,6 million – turnkey operation investment
How many employees?
3
How involved is the Owner in running the business?
The owner has other business interests so the staff assist with the day to day functions but the owner still manages the guest house
What is the reason for the sale?
The owner has other business interests and cannot manage the guest house as well
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Good Debt, Bad Debt, and the Money Sitting Idle
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What Your Numbers Say Before You Open Your Mouth
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Build a Business That Can Run Without You
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