Successful Addo Guest House and Backpackers For Sale

Business description

Guesthouse and Backpackers offering accommodation for 22+ people for sale. 6 en-suite double rooms including 5 en-suite thatched Rondavels plus 1 en-suite twin and an 8-bedded backpacker dormitory. Decorated in a subtle african style. Very close to the main gate of Addo Elephant National Park and only 45 minutes from Port Elizabeth. Includes 2.4ha of land and a cashstore with all stock.

Property information

Living accommodation:

Managers double en-suite bedroom. There is plenty of land to build an owners residence.

Location:

300m off the main PE to Addo road 11km from the main entrance to Addo Elephant National Park and 2kn from Addo village.

Other information

Expansion potential:

The property stands on 2.ha of land, only 1/3 of which is currently used for the guesthouse and is surrounded by fencing. There is also a large old building that could be used. Tourism is increasing in the area – the park is constantly expanding but the accommodation is still 95% full year round. There is evidently a need for self-contained self-catering units as well as more camping facilities in the vicinity. The cashstore could be converted to provide further accommodation for larger groups or perhaps a coffee shop/restaurant.

Competition / Market:

The Aardvark’s main market is budget travellers and backpackers. 70% of our trade is from the overseas market almost half of this being from Germany. In the Addo area the majority of the accommodation is B&Bs and upmarket guesthouses and lodges, with very little self-catering or budget accommodation. There are 2 other establishments who advertise as backpackers

Support & training:

We would provide a full handover and training to the buyer, and we may be able to live in and run the guesthouse whilst the new owners learnt the business. In addition we have an assistant manager who is fully conversant with the day to day running of the business.

Reasons for selling:

Relocation

Furniture / Fixtures value:

R150,000

Website:

www.theaardvarkbackpackers.co.za

Contact the seller