An exciting opportunity for a keen investor to acquire a well-established business.
This 1005sqm gem is situated in a popular seaside suburb of Cape Town.
The manager run business was established over 21 years ago and has an average occupancy rate of 90%.
The lodge consists of 6 en-suite double rooms with private entrances and patios leading into a beautiful garden with swimming pool.
There is also a separate fully equipped 6-seater garden cottage next to the swimming pool.
The dining room seats 16 people at 4 tables. The fire place provides a cosy atmosphere during winter.
Listed on ± 20 platforms which include amongst others Booking.com, SA Venues, Expedia, Safari Now, Lekkeslaap, Travelground, Sleeping Out, etc.
The owner is retiring after 55 years and would like to sell quickly.
Selling price – R7.9mil
Furniture, fixtures and fittings – R500k+/- (included in the selling price)
Annual Turnover – +/-R1.3 mil
Annual Expenses - +/-R700k
Annual Nett Profit – +/-R600k
Staff – 3
Property Value – R6.5mil
