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B&B Established In 2010 - Owner Retiring For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R3M - R8M
Sales Revenue:
R1.5M - R3M
Cash Flow:
On request

Beautifully restored and charmingly spacious Bed and Breakfast – perfectly situated in the upmarket suburb of Berea and close to trendy Florida Road, Moses Mabhida Soccer Stadium, uShaka Marine World, beaches, the harbour, and essentially everything. Our B&B offers a unique blend of home comfort and modern convenience. There are 2 properties. One you could live in or also rent.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

6 en-suite bedrooms with the potential to add another 4 bedrooms.

Location:

Perfectly situated in the upmarket suburb of Berea, Durban. Close to trendy Florida Road, Moses Mabhida Soccer Stadium, uShaka Marine World, beaches, harbour and well everything.

Premises Details:

Our B&B offers a unique blend of home comfort and modern convenience.

Planning Consent:

All planning consent already.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

There is our home next door which could add additional capacity.

Competition / Market:

Durban has a busy business traveler market as well as holiday market during the festive seasons. So it is busy all year especially with the good weather in winter and attractions like Comrades and the Durban July Handicap.

Reasons for selling:

Retiring

Employees:
2 full time and 3 part time.
Years established:
16 years.

Other Information

Home based:
This business can be run from home