Back to Top

#Business ID: 35625

Get Email Alerts Add to Shortlist
View Shortlist

Hotel With Multiple Revenue Streams All on a 4300m² Freehold Opportunity For Sale

Business Location: Porterville, Cape Winelands, Western Cape, South Africa

Asking Price: BUSINESS SOLD Revenue: R 1m to 5m Cash Flow: R 1m to 5m

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

7 en-suite bed hotel on the edge of the Cape Winelands.
The hotel generates its income from the rooms, its popular bar and restaurants, slots, American style diner, function/party room, catering and 3 letting shops (all with long term rentals).
The hotel consists of the main building with the bar, restaurants, slots, diner, office function room and commercial kitchen.
The secondary building has 7 en-suite rooms on the first floor, with the 3 shops below.
There is another wing which has the owners/managers accommodation, staff accommodation, a men's barber and nail boutique.
There is a large garden area with built in braai, large swimming pool and an outside bar, plus an old conference room which is ideal to convert into accommodation units.
There is also another outside area approximately 1000m² which is as yet undeveloped, but comes with planning.

Please contact us for more details.

Property Details

Size:

4300m²

Years Established:

Hotel has been going since 1907. The current business set up (run under two CC's) since 2006

Property Type:

Real

Other Business Details

Business Location:

Main road hotel

Premise Details:

4300m² freehold with business buildings

Expansion Potential:

with a large area yet to be developed there is scope for expansion

Living Accommodation?

Yes
Owners, staff and letting rooms

Planning Consent:

Zoning comes with planning for letting units as long as building regulations are followed.

Business Operation Details

Employees:

9 full time employees

Trading Hours:

7 days a week

Support & Training:

Full training in all aspects of the business will be given and assistant manager is a member of staff who knows how the business operates.

Miscellaneous Details

Reason For Selling:

Looking at retirement. Do not need to sell but planning for the future after decades in the business.

SellAnyBusiness.com

Copyrights © 2020 All Rights Reserved by SellAnyBusiness.com



BUY OR SELL SAFE

Follow your passion - find and buy the business that fits your dream. Buy it Safely!!