Profitable and established Guest House with 39 rentable units and a private residence in Witbank/eMalahleni. Properties are included.
Located close to the city centre, it has a longstanding and loyal client base. The business comprise of both long term and short term stays with Overnight and Air B&B units. It is frequented by travelling reps and company executives on contract in the area.
On offer are the Guest House Business together with the 4 properties on which it is located.
Benefit from the busiest and most vibrant coal mining industry in the area.
Nett profit of R123,000 pm (R1,476,000 pa) ensuring a fantastic return on investment. Price only R8,950,000
- Asking Price:
- R8,950,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R2,700,000
- Cash Flow:
- R1,500,000
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
Residential house
- Location:
-
Close to the city centre
Business Operation
- Reasons for selling:
-
Old age
- Employees:
- 5
- Years established:
- 30
