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Two Successful Hotels In Namibia For Sale

South Africa
Asking Price:
R55,700,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:

For Sale

Excellent opportunity to get involved in the fast-growing hospitality industry in Namibia!

This opportunity offers two hotels (64 rooms and 16 rooms) offered as one entity. Both hotels cater to the local, tourist, corporate, and government sectors. Facilities include conference and wedding venues, restaurants, pubs, and licensed restaurants.

The two venues are very popular among travelers and locals alike. Both hotels are ideally situated near Namibia's northern tourist attractions.

The price includes the property and all assets. A great turnkey operation.

Note with this sale:

• The owner will stay on for 3 months to ensure a smooth handover and transition.

• Full financials are available (with a confidentiality agreement)

• Marketing, including the website currently in place, can be continued with new owners

• Policy and Procedures are in place

• The business has expansion potential

If you are looking to acquire a hotel/resort/successful business opportunity in one of Namibia's most iconic locations, we look forward to forwarding you further information. Please enquire now!

The asking price excludes stock of R500,000 and VAT (15%).

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

The seller wants to change the industry. He already bought a franchise in another industry which is not in opposition to the businesses he is selling.

Trading hours:

The business is a full-time operating establishment.
Only the restaurant operates on these timings -06h30 until 22h30

Years established:

Other Information

Furniture / Fixtures value:
R9,178,964 - included in the asking price
Inventory / Stock value: