Luxury Guest House

Eastern Cape

R 10 000 000

Financial Information






Detailed financials available on request


This is a 4-star graded guest house/boutique hotel with 13 hotel rooms and a self-catering garden cottage. You can expect a warm and friendly service with 4-star accommodation and premium conference facilities in a luxurious and peaceful environment. The property boasts a fully equipped conference room seating up to 60 delegates and a boardroom for up to 10 people. It is conveniently located in the leafy suburb just 5 minutes from the airport and in close proximity to all areas of the town. This is the ideal investment for the following buyers: 1. Hospitality groups looking to gain a foothold in the Eastern Cape 2. Lifestyle business buyers 3. Black investment groups 4. Churches The asking price excludes VAT.

Reason for selling

Retiring
Annual revenue
R 313,044
Monthly cash flow
R 168,908
Stock value
R 0