Attractive Guest House And Restaurant

Western Cape

R 6 900 000

Financial Information

Detailed financials available on request

A charming, iconic guesthouse, restaurant and coffee shop less than 1 kilometer from the beach are for sale on the West Coast. Solid financially and lovingly cared for 21 years by the original owners. A polished gem, offering a magical, lucrative lifestyle for an imaginative, prospective buyer. Nestled in a quiet street just a short walk from the sea in one of the fast-growing West Coast Towns. The property comprises four guest suites with private bathrooms, a lounge, two dining rooms, and covered parking. Each room offers a fireplace and a television. In the restaurant, the owners lavish customers with personal attention, service, and food. Breakfast is served daily and the restaurant also serves light lunches and dinners. The property is 850 square meters and the building 350 square meters. This property, with the established business units, is for sale for R 6,9 m and offers an excellent opportunity to investors.

Reason for selling

Owner want to retire after 21 years
Annual revenue
R 1,250,000
Monthly cash flow
R 26,053
Stock value
R 0