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The Friendliest Hotel In South Africa For Sale

Tulbagh, Western Cape, South Africa
Asking Price:
R15,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R16,000,000
Cash Flow:
R1,500,000

Recently voted the friendliest hotel in South Africa, this gem sits in the Cape Wine Lands, in the town of Tulbagh, the fourth oldest town in SA. Tulbagh is a heritage mecca, with 34 heritage properties and the oldest church in SA, in one street, Church Street.

The town is surrounded by vineyards, fruit orchards and majestic mountains which are snow capped in winter.

The valley attracts many visitors throughout the year, boasting a number of award winning wineries and olive farms. The annual Cape Epic mountain bike competition includes stages in Tulbagh. Mountain hiking and horse riding are also popular activities, and we receive regular visits from numerous vintage car clubs.

The property is available as a 10 bedroom hotel for R15 million, or 18 rooms for R24 million, which would additionally include 2 of the heritage properties in Church Street, providing the additional 8 rooms.

The hotel has a very popular restaurant, the Olive Terrace Bistro, which has seasonal menus ensuring we always feature local produce. We often have 140 covers, feature weekly Sunday roasts, and have themed evenings on a regular basis, which are well supported by local residents.

Other facilities include 3 pools, a comprehensive conference facility that can accommodate 30 delegates and a popular spa.

The Karee Wine and Tapas bar, offers a comprehensive range of local wines, draught beers and cocktails.

Our marketing team are exceptionally creative and dynamic which has resulted in significant followings on social media, and many return guests, and a plethora of complimentary guest reviews.

We are renowned for our hospitality and customer service, thanks to our professional and proactive team of loyal employees, many having been with us for over 10 years.

We look forward to meeting you and showing you the fruits of 16 years of dedication and investment, to bring you the Friendliest Hotel in South Africa.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Manager/owner cottage

Location:

Prime location in the center of town

Business Operation

Expansion Potential:

Potential to create an additional 3 rooms

Trading hours:

7am to 10.30pm 365 days

Employees:
40
Years established:
1859

Other Information

Support & training:

The current manager who has run the hotel for the last 14 years would be available to work for new owners for a transitional period.

Website:
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