This is an exceptional opportunity to own an upmarket guest house in the heart of Bloemfontein, conveniently located near popular shopping malls, prestigious schools, hospitals, and sports stadiums.
Offering 11 spacious, elegantly furnished rooms, each equipped with flat-screen TVs, air-conditioning, microwaves, bar fridges, hairdryers, private safes, and en-suite bathrooms, your guests will enjoy a truly premium stay. With free Wi-Fi throughout and conference facilities for up to 20 people, this property perfectly balances business and leisure.
The guest house also boasts additional amenities including a private braai area, ample parking, and a secure electronically controlled entrance.
The occupancy rate of this establishment varies between 70-80%. The buildings have been meticulously maintained and all the furniture and fittings are of a superior quality. This business is the ideal opportunity for an investor as it is completely manager-run.
This thriving business has proven financial success, with financial statements available for the past three years upon signing a Non-Disclosure Agreement (NDA).
Financial Snapshot:
1. Annual Turnover - R 2.35 mil
2. GP % - 74%
3. Gross Profit - R 1.73 mil
4. Expenses - 1.28 mil
5. Net profit % - 19%
6. Selling Price - R 5 650 000
7. ROI - 9% (Excluding furniture & fittings)
Don’t miss out on this remarkable investment opportunity. Contact us today to learn more.
