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Well Established Guest Lodge In Bloubergstrand For Sale

Bloubergstrand, Cape Town, Western Cape, South Africa
Asking Price:
R7,500,000 Furniture / Fixtures included
Sales Revenue:
R1,300,000
Cash Flow:
R70,000

History and description:

Owners: Fanie & Erina de Jager with their 2 sons, Chris and Francois

Be My Guest Lodge started as a family concern in 2004. Advertising in those years was not easy, with access to internet not being what it is today, but through trial and error and by word of mouth, the lodge became well known as a hospitality establishment, going from strength to strength. Currently, Be My Guest Lodge operates at a 90% occupancy rate of its available rooms and is financially very stable. We are very fortunate to have a diligent manager, Deon Krause, at the helm.

The lodge consists of 6 en-suite double rooms, of which 2 are equipped to be used on a self-catering basis. All rooms have private entrances and patios leading into a beautiful garden with a swimming pool.

Separate from the rooms, next to the swimming pool is the 6-seater Garden Cottage with a fully equipped kitchen, a spacious lounge/TV room, full bathroom and patio.

The lush and well-kept garden with swimming pool is admired and enjoyed by all our guests and is therefore a huge asset to the lodge

The décor of the reception area and office is charming and tasteful.

Breakfast and dinner (on request) are served in the dining room, which can seat 16 people at 4 tables. The fire place ensures a cosy atmosphere in the dining area during winter. Meals are prepared in the fully equipped kitchen.

All laundry is done on the premises, with the laundry being next to the storeroom where garden and other tools are kept.

Like many businesses, Be My Guest Lodge has been under severe strain during the 18-month Covid period but has since recovered and is as successful as ever.

Currently, the lodge is doing exceptionally well, with an occupancy rate of approximately 90% during the past 7 months of summer. We expect the same for next summer, starting at the beginning of October. Therefore, if the lodge sells soon, the new owner will take over when the high season commences. During winter, occupancy drops to approximately 65%

During the past 20 years, Be My Guest Lodge has produced a steady income for our family and has always been a reliable asset in many ways. We will be sad to part with the lodge but we are at an age where we would prefer to slow down our activities and live a more relaxed life.

Annual Turnover: ± R1300000.00
Annual Expenses: ± R 700000.00
Profit: ± R 600000.00
Goodwill: ± R2500000.00

Financials of the past 3 years, bank statements and necessary documents are available on request

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Currently the manager resides in one of the rooms as part of his remuneration. The room is spacious with an en-suite bathroom and kitchenette.

Location:

Be My Guest Lodge is situated in Bloubergstrand, the highly popular seaside village across the channel from Robben Island just a 20 minute drive from the Cape Town International Airport. The world famous beach where international kite surfing competitions are hosted regularly and many restaurants to choose from is a ten minute walk from the lodge. The lodge is also conveniently close to all the major tourist attractions in and around Cape Town such as the V&A Waterfront, Table Mountain and many other exciting places to visit on the Peninsula. The R27 leading to Langebaan and the West Coast is on our doorstep.

Premises Details:

N/A

Size in square feet:
10818 sq. feet (1005 sq m)

Business Operation

Expansion Potential:

Our room rates are rather average, but by upgrading the rooms somewhat the rates can be increased to ensure a better turnover. Also, the area of the building is ± 340 sq. metres on a plot of 1005 sq. metres. This leaves ample space and potential to expand in whatever way.

Reasons for selling:

We plan to retire after having worked for 55 yrs.

Trading hours:

Mondays - Sundays 07h00 to 21h00

Employees:
3
Years established:
20 yrs

Other Information

Support & training:

We are willing to work with the new owner or manager for 2 weeks as part of training.

Furniture / Fixtures value:
R450,000 - included in the asking price
Website:
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