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Very well situated 4 Star executive room Lodge. Huge property, consisting of 2 stands, 15 modern very nicely sized rooms all with own entrances and on Suites. Beautiful garden and surroundings, amazing Pool and restaurant. Located only 6 kms from the Kruger National Park gate, and very near to PMC Mine and Foskor mine. Perfectly situated for tourism but also for local contractor's, and even for long term stays.
Current revenue of 180 to 220k per month, with 25k rental income from 2 rooms (6 months contracts)
Income on rooms Potential revenue:
R273 000.00 maximum turnover per month on a R650 rate per day
R357 000.00 maximum turnover per month on a R850 rate per day
Employing only 6 permanent staff. 2 Cleaners staff, 1 Gardener, 2 securities, and 1 office manager (or you can manage yourself).
Restaurant & Bar (At the moment not operating, waiting for new owners energy to get it running again)
Restaurant & bar used to average turnover of R80 000 plus per month. with the net profit averaging from 20 to 30% of that turnover, from R16 000 to R24 000 net profit per month average.
This was not open to the public, only to in house clients.
The asking price is of R6 500 000.00 for the entire Lodge, 3000 plus square meters, 15 rooms, restaurant & bar, all stock, equipment and furnished. Linen, bedding, all restaurant and kitchen equipment included. THIS IS PRICED TO GO AS A BARGAIN, YOU WILL NEVER FIND A 4 STAR RATED HOTEL THIS SIZE, AND IN THIS CONDITION AGAIN @ THIS PRICE!
A lot of room to increase revenue, and potential to build another 6 rooms on property at minimum.
THIS IS A MUST SEE PROPERTY AND BUSINESS! Perfect for a property investor that is seeking for a higher return on a property.
Selling more Lodges and Businesses around Phalaborwa, ask for more info.
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Real Property Included
You may live in one on the rooms, it has a full House also on the property.
Modern, Huge, Amazing
All extensions are approved on plan.
A lot! As explained on PDF file attached
Not much businesses with this caliber.
Owners want to retire and relocate.
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