Leading Hotel Operation for Sale

Eastern Cape

R 12 000 000

Financial Information






Detailed financials available on request


This is an opportunity not to be missed. This leading and well-established Hotel is situated in the business district of picturesque Grahamstown. It has been with the same family since 1988 and they have established themselves as one of the best hotels in Grahamstown, if not the best. They offer top-class service and are passionate about quality. From the moment you step into the warm and inviting atmosphere, your needs are taken care of. The Hotel offers you transport arrangements and bookings, game drives or leisure activities, wake-up calls, and many more services. Relax with friends at the pool bar and listen to local live music. Get ready for a taste sensation at the restaurant with diverse choices to represent and celebrate all of the South African cultures. Do not forget the cigar lounge, kids play area, wood-fired pizza oven, cocktail bar, and a pool to cool off. A hands-on owner who is passionate about excellent service and quality-driven will be the ideal person. You will be taking over a well-established and successful hotel in beautiful Grahamstown. The asking price excludes VAT and stock of R400,000.

Reason for selling

Retiring
Annual revenue
R 15,825,259
Monthly cash flow
R 275,253
Stock value
R 400,000