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Rent To Own Well Established 30 Roomed Hotel In Johannesburg For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R15,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3,800,000
Cash Flow:
R200,000

Well established lucrative business comprising off a fully furnished 30 roomed hotel all ensuite which is located in the Golden Triangle, between Gold Reef City, Nasrec Expo Centre and Soccer City, with high occupancy rates. The hotel has an 80 seater dining area, pool and braai area with entertainment and venue hire for conferencing and events.

The establishment has an impressive blue chip client list which are all repeat business.
This ranges from a major franchise, who uses the establishment for all their training accommodation, several Government Departments and major corporate entities.

This is a once in a life time opportunity as the owners are seeking to retire and relocate within a few years.

The offer will be on a rent to own basis with a deposit over the duration of between 3 - 5 years were the owners will mentor, guide and introduce the new owner to the clients over the lease period to guarantee the turnover and monthly return on investment which will all be overseen by an appointed attorney.

Minimum deposit of R 3 500 000.00 with a return of R 75 000.00 per month in your pocket.
All running costs, cost of lease per month and maintenance is excluded from your monthly ROI.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Managers residence available

Location:

Located in the tranquil suburb of Robertsham within a close proximity of the M1,M2 & N12 highway.

Premises Details:

Situated on a stand of 1200 square meters which boasts a 3 storeyed building comprising of 30 en-suite fully furnished bedrooms within a walled of perimeter.18 car park facility.

Size in square feet:
1,305
Planning Consent:

As approved by council.

Business Operation

Expansion Potential:

The potential exist to increase another floor level based on the approved structural design & strength capability of the building.

Competition / Market:

As we serve a distinguished sector of the market our competition is unparalleled.

Reasons for selling:

Owner wants to retire and relocate to the coast.

Trading hours:

24

Employees:
8
Years established:
10

Other Information

Support & training:

A full 60 month training, introduction & support will be available to the new owners.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes with a minimum deposit of R5million and the balance to be discussed over an agreed period.

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R750,000 - included in the asking price
Website:
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