Two Successful Hotels in Namibia

Windhoek

R 55 700 000

Financial Information






Detailed financials available on request


Excellent opportunity to get involved in the fast-growing hospitality industry in Namibia! This opportunity offers two hotels (64 rooms and 16 rooms) offered as one entity. Both hotels cater to the local, tourist, corporate, and government sectors. Facilities include conference and wedding venues, restaurants, pubs, and licensed restaurants. The two venues are very popular among travelers and the locals alike. Both hotels are ideally situated near Namibias northern tourist attractions. The price includes the property and all assets. A great turnkey operation. Note with this sale: 1. The owner will stay on for a period of 3 months to ensure smooth handover and transition. 2. Full financials are available (with confidentiality agreement) 3. Marketing, including website currently in place, can be continued with new owners 4. Policy and Procedures are in place 5. The business has expansion potential If you are looking to acquire a hotel/resort/successful business opportunity in one of Namibias most iconic locations, we look forward to forwarding you further information. Please enquire now! Asking price excludes stock of R500,000 and VAT (15%).

Reason for selling

The seller wants to change the industry. He already bought a franchise in another industry which is not in opposition to the businesses he is selling.
Monthly cash flow
R 230,206
Stock value
R 500,000