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Beautiful Guest House In Kempton Park For Sale

Kempton Park, Gauteng, South Africa
Asking Price:
R4,800,000 Furniture / Fixtures included
Sales Revenue:
R468,000
Cash Flow:
R226,000

A beautifully created family business that has proven itself in a competitive industry for many years.
This successful and well known guest house in Kempton Park needs to find a new owner.
Beautiful, thatch-roof accommodation, surrounded by lush, spacious gardens, a breath of African fresh air in Johannesburg’s hustle and bustle.

- 2019m² well-maintained property
- Licensed for guest house use
- 9 bedrooms, 7 bathrooms, 2 lounge areas, 2 dining rooms, 2 kitchens, 1 laundry
- Centrally situated in Kempton Park
- Near to OR Thambo International Airport
- Low maintenance, easy to run
- Not a franchise/group business
- No franchise joining or monthly fees required
- Independently owned
- Reliable manager currently running the business
- Strong, loyal client base
- Opportunity to Improve & grow
- Security system in place
- Air-conditioning, TV, DSTV, WIFI
- Jacuzzi (no pool yet, can be put in)
- Borehole
- Growth opportunities
- Liquor license
- Plans approved for 6 more rooms

Property Information

Real Estate:

Real Property Included

Location:

Situated in Kempton Park
Not too close to or too far from OR Thambo International Airport

Premises Details:

2019m² of well-maintained and beautifully manicured property
House has been valued at R3 million

Business Operation

Expansion Potential:

Plans have been approved for 6 additional rooms

Reasons for selling:

Personal reasons

Trading hours:

Monday - Sunday
Based on demand

Employees:
The business is owner run (staff are available on standby)
Years established:
6 years

Other Information

Support & training:

Owner offering handover training on the day to day running of the business

Furniture / Fixtures value:
R1,300,000 - included in the asking price

Contact Information

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