4 Star Boutique Hotel In East Rand For Sale

Business description

The Boutique Hotels boasts modern and state of the art, quality conference facilities that can be utilised for events such as day conferences, functions, seminars, product launches, exhibitions, workshops and meetings. These rooms provide stylish comfort and are fully equipped with standard conference equipment, all the venues are air-conditioned and have a variety of attractive packages to suit all requirements. The hotel is graded 4 star. Owner will look at offer and portion can be financed by seller.

Property information

Real Estate:

Real Property Included

Location:

15 minutes from the airport with plenty of opportunity for expansion

Premises details:

24 rooms, conferance facilityies, ideal for wedding receiptions

Business Operation

Expansion potential:

Opportunity to expand, as surrounding land zoned for hotels and fo sale

Competition / Market:

No other with 4 star status

Reasons for selling:

Owner looking to scale down and retire

Years established:

4 years

Other information

Support & training:

Woner willing to stay on and consult

Financing available:

Seller financing of around R8m

Furniture / Fixtures value:

R5,000,000 (included in the asking price)