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Bed And Breakfast Business In Umhlanga For Sale

Umhlanga, KwaZulu - Natal, South Africa
Asking Price:
R1,500,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Bed and breakfast business for sale in Umhlanga. The business has been running for just over 3 years and growing at a very steady pace.
There are a total of 8 rooms all with en-suite bathrooms but only 6 are currently used for the business.
We have a lot of regular guests that keep coming back throughout the year.
The business is 5 minutes from Gateway Shopping Centre and 15 minutes from Durban CBD as well as King Shaka International Airport.
The property is on a lease and a new lease will be negotiated with the owner of the property.

Property Information

Real Estate:

Lease

Lease Terms:

A new lease can be negotiated with the owner of the property.

Leasehold Rent:

R420,000 per annum

Living Accommodation:

There are currently 8 rooms on the premises, 2 of which are used for owner/manager accommodation. The other 6 rooms are used for the business.

Location:

We are located in Umhlanga.
We are 5 minutes from Gateway Shopping Centre and the Umhlanga Village.
We are approximately 15 minutes from King Shaka International Airport and Durban CBD.

Premises Details:

The business has a swimming pool, ample parking for guests.
There are 8 rooms, all with en-suite bathrooms.
2 of the rooms have a bath and a shower.
1 of the rooms have a spa-bath and a shower
All the other rooms have showers only.

Business Operation

Competition / Market:

There are other bed and breakfast businesses around the area but the business keeps growing at a steady pace.

Reasons for selling:

Owner relocating.

Employees:
3
Years established:
3 years and 3 months

Other Information

Support & training:

The owner can offer support and training for 1 month or longer if needed. It can be discussed with owner.

Furniture / Fixtures value:
R300,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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