Asking Price

R 30,000,000

Annual Turnover

R 4,491,240

Monthly Cash Flow

undisclosed

Accomodation/Tourism

Guest House/B&B

Ref: 3142

Large Guest House with Breathtaking Views

Western Cape (WC - Garden Route)

This four-star guest house with panoramic ocean views and spectacular surroundings is situated in the Garden Route. The venue offers both self-catering and bed and breakfast accommodation with all rooms styled with exceptional quality and equipped with modern facilities having a private balcony to enjoy spectacular views, to ensure a comfortable and memorable stay. The venue offers spacious areas where the guests can relax enjoying the chefs signature meals with drinks on the deck with beautiful, magical panoramic ocean views. This world-class facility is a preferred destination for many tour operators visiting the area, traveling between Cape Town and Port Elizabeth. The business is ideally situated offering the opportunity to explore the Garden Route from its centrally located position. It is a popular accommodation venue for business people visiting the area. The modern conference venue is in a professional setting. It is a popular venue and is well supported by both locals and visitors to the area. The facilities also allow for the venue to be utilized as a wedding venue. Repeat business is generated from international visitors, local tourists, and corporate business people. This established business has sound financials and all the necessary licenses are in order. The asking price excludes VAT and stock.

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  4. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Seller or his broker.
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  9. In the event that a suitable business opportunity is found in using the services of a Businesses4Sale South Africa and in the subsequent event that I should wish to present an offer to purchase such business, then prior to the commencement of the “Offer to Purchase” process, and should I be called to do so, I agree to willingly submit a consumer credit report.
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