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Overview - This is a niche market luxury backpacker’s style accommodation that caters for an endless flow of superyacht crew members who stay between 3-6 weeks at a time. The lodge is perfectly positioned in the heart of Cape Town.
The current owner lives on the property, but it’s not essential as everything has been set up so that a new owner has very little to do in terms of day-to-day operations.
Turnover - R730 000 pa
Net profit - R360 000 pa (Can be increased if owner doesn't live on premises.)
Asset value - R400 000
Years in Operation - 2
Staff - 2
Owners input - 1 – 2 times per week
Opportunities - Open to general public; live off site to generate more accommodation space; offer in house laundry service; list with online tourist operators
Current ROI - 48%
R360,000 per annum
Owner wants to pursue her other interests.
Full handover by owner
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