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Exceptionally Profitable, Established Restaurant And Boutique Hospitality Property For Sale

Noordhoek, Western Cape, South Africa
Freehold Price:
R66,000,000
Leasehold Price:
R66,000,000
Turnover:
R31,000,000
Net Profit:
R8,000,000

Asking Price: R66 million. Restaurant profit R8 million per annum. Hospitality Property with 7 well appointed units worth R20 million on its own.

An exceptional opportunity to acquire a highly profitable, 20 year established restaurant business together with a substantial, newly developed boutique hospitality property in Cape Town's sought-after deep south.

The commercial attraction is compelling: an established restaurant generating substantial annual profits, together with valuable, completed hospitality property offering further income and capital growth potential - all for R66 million.

The restaurant and hospitality property are offered exclusively as a combined acquisition.

Property Information

Real Estate:

Available as lease or with real property included

Leasehold Rent:

R1,920,000 per annum

Location:

Exclusive eco farm village

Business Operation

Management type:
This business is owner operated.
Competition / Market:

Very low

Reasons for selling:

Retirement

Years established:
20

Other Information

Website:
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Lease asking price:
R66,000,000