29 ROOMS ~ SLEEPS 75 ~ 92% OCCUPANCY
R 3 000 000,00 Total Turnover Per Annum
R 1 400 000,00 Net Profit Per Annum
-- Potential to add another +R500 000,00 Profit Per Annum --
In the the Heart of Bloemfontein, right next to one of the main roads going into the Bloemfontein CBD, you will find one of Bloemfontein's landmark Guest Houses. With a turnover of R 3 million per annum, it most definitely is the Investment Opportunity of the year in the Free State. With 29 rooms, sleeping 75 guests with a running occupancy rate of 92% you simply cannot afford to let this opportunity slip you by.
If you are looking for a successful business for sale,
then you have just found it!
The Guest House currently offers the following
29 x Rooms - Honeymoon Suite, Twin/Double/Family Rooms and Self Catering Units
2 x Conference Venues
3 x Function Venues
The Guest House spans 3 erven.
Erf 1 covers an area of 1500 m² with buildings totalling 450 m²
Erf 2 covers an area of 1500 m² with buildings totalling 650 m²
Erf 3 covers an area of 2600 m² with buildings totalling 750 m²
Option 1 includes the following
Erf 1 & 2,
Including Antique Furniture,
Fixtures and Fittings
Option Two includes the following
Erf 1, 2 & 3
Running concern including goodwill,
Antique Furniture valued at ±R1,8 mil,
fixtures and fittings
CALL US FOR FURTHER INFORMATION
Let's look at a few simple facts
The Guest House was bought 8 years ago, offering 4 rooms and limited facilities. Two years later the owner bought the adjacent property and added 11 rooms. Two years after that he bought yet another property and added another 11 rooms. The Guest House as it currently stands spans over three properties offering 29 rooms.
Apart from growing the business to it's current status, the owner most recently also bought a farm of more than R 3 million rand.
These simple facts goes to show that this Guest House has shown a remarkable growth over the last 8 years in a time where South Africa's economy is not at its best and businesses all over South Africa are closing down under the extreme financial pressure.
Reason for Selling
Over the last 8 years the owner has dedicated 100% of his time to growing the business. A few months ago he identified another business opportunity which he feels compelled to persue. "I want to spread my wings", he said. Immediately after the sale of the Guest House the owner will move his focus to property development, also in Bloemfontein.
NOTE: SELLING PRICES EXCLUDE VAT.
CONTACT US NOW TO FIND OUT MORE ABOUT
THIS AMAZING INVESTMENT OPPORTUNITY