Luxury All Suite Guesthouse in South Peninsula. The business and property is offered as a single transaction acquisition. Exceptional expansion opportunity.
- Asking Price:
- R14,250,000 Furniture / Fixtures included
- Sales Revenue:
- R1.5M - R3M
- Cash Flow:
- R500K - R1.5M
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
Key staff members are accommodated on the premises.
- Location:
-
Strategically located in South Peninsula with mountain and ocean views.
- Premises Details:
-
3 Storey all-suite Guesthouse property included in the sale.
- Size in square feet:
- 966 sqm plot.
- Planning Consent:
-
Final stages of compliance in process - due for completion soon.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Suites can be increased from 6 suites to 9 by renovation of existing unused structures and adding fixtures, fittings and furniture. On-site accommodation for new owners also worth considering if required.
- Reasons for selling:
-
The seller does not have the time required to further develop and grow this business. She runs her own professional practice and is involved in other ventures that also demand significant time and attention.
- Trading hours:
-
24/7
- Employees:
- 3
- Years established:
- 2
Other Information
- Support & training:
-
Will be provided by seller.
- Financing available:
-
The property can be mortgaged if required, and it represents by far the largest component of the total selling price. The going‑concern portion, however, will need to be financed from the buyer’s own funds.
