Calling all buyer and investors from R21 000 000 - R22 000 000 to view and offer for this investment opportunity.
WE ASSIST WITH 100% FINANCE
This Guest house has a sales revenue of over R8 000 000 as well as cash flow of up to R3 000 000.
Set among extensive and beautifully landscaped gardens and bordering a Nature Reserve, this 4-star boutique 14-room guest house comprises 3 separate houses and a stand-alone luxury guest suite PLUS separate 2 or 3 bedroom owners house on two adjacent stands which total approx. 6,000m2 of land. This is an established and highly profitable business which has been trading for 26 years and under the current ownership for the last 16-years. There is further potential for expansion of another 5 guest suites in a prime location over-looking the Nature Reserve.
The business has maintained high annual occupancy rates due to its ideal location for both business clients, domestic, regional and international guests. Situated only 2 min drive from the CBD of Nelspruit/Mbombela (the capital of Mpumalanga and one of the fastest growing cities in South Africa) and within an hours drive to the Kruger Park; Mozambique and Swaziland.
The business is being sold as a going concern with fully trained and loyal staff compliment in place including: Reservations/Receptionists; Housekeepers, Maintenance and Security staff. The owners currently live on site and manage the business, but the business has previously been managed by staff when the owners lived off-site. There is staff accommodation on site for front of house and back of house staff.
The listed price is to buy the shares of the company as a going concern including all assets (building, fixtures, fittings, furniture, vehicle & stock) and the business goodwill. Price is VAT excluded.
• Reception area and office; on-site laundry and several storage rooms
• Spacious commercial kitchen and in-house restaurant.
• Indoor dining room seating 15 people. All business rights and liquor license in place.
• Thatched outdoor dining area with magnificent views over nature reserve seating a further 20 people.
• Large pool set among big granite boulders
• Beautiful established landscaped gardens with a communal guest braai area and fire pit and a chill out area in “the jungleâ€
• Secure on-site parking for 17 cars including 2 x Double Garages and 1 x double carport
• Extensive grey water and rain water irrigation systems for the garden
• New electric fencing around entire property, CCTV camera system and 24 hour security company.
Premises details:
4-star graded Guest House
14 guest rooms
Separate owner's house (can be used for additional guest rooms)
Laundry
Dining room indoor and outdoor
Office
Ample staff quarters
Size in square feet:
18,000 square feet
Planning Consent:
Property has all planning consents and liquor licence in place - been trading for 25-years.
Secure your investment property today!!!
