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World Class Five Star Boutique Hotel For Sale

Hazyview, Mpumalanga
Asking Price:
R50,000,000 Furniture / Fixtures included
Sales Revenue:
R16,000,000
Cash Flow:
R5,000,000

Internationally acclaimed and frequented mainly by foreign tourists, this outstanding retreat is for sale by owners wishing to retire. 6 ha of indigenous bushveld against the Sabie river, and within 10 minutes from the Kruger Park, with 13 suites, an award winning spa and restaurant, superb management team with a proven track record. The property is profitable and generates strong cashflows.

Property Information

Real Estate:

Real Property Included

Location:

Hazyview

Premises Details:

6ha of indigenous bushveld against the Sabie river

Size in square feet:
645,835
Planning Consent:

Mbombela zoning approval

Business Operation

Expansion Potential:

Zoning for 25 units, currently 13

Competition / Market:

The property is marketed as a 'soft start' to international tourists visiting the Kruger Park or Sabi Sands game reserves. This gives them the opportunity to relax and recover after long flghts at a fraction of the cost in the safari lodges

Reasons for selling:

Retirement

Trading hours:

07h00 - 23h00, Mon - Sun

Employees:
50
Years established:
12

Other Information

Support & training:

Handover for three years available

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

Bank loan available for 50%

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R100,000
Website:
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Related Documents:

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