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Highly Profitable Boutique Hotel In Picturesque Mpumalanga Town For Sale

Mpumalanga, Mpumalanga, South Africa
Asking Price:
R22,000,000 Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R3M - R8M

Boutique hotel for sale - Extensive 2021 & 2022 bookings already confirmed. Conference, wedding, restaurant & spa make this a well diversified operation.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Real Property Included

Location:

Picturesque Mpumalanga town. Property valued and improvements valued at R30 million.

Premises Details:

Extensive property and gardens with 20 large rooms; restaurant and bar. Significant international exposure and customer base. Fully staffed with long serving and well trained team. Suitable for a hands on owner/couple or merely as an investment property.

Size in square feet:
1 hectare
Planning Consent:

Zoned as a hotel & restaurant. Has a valid liquor licence.

Business Operation

Expansion Potential:

Can be extended by another 5 to 10 rooms if required.

Competition / Market:

No other Hotel rights available within the town.

Reasons for selling:

Current owners are retiring

Trading hours:

7 days per week; 7 am till close

Employees:
19
Years established:
16

Other Information

Support & training:

Training available for suitably qualified and experienced operators though the operation does run well with the existing team.

Financing available:

Bank bond may be possible for a portion of the purchase price.

Furniture / Fixtures value:
R2 - included in the asking price
Inventory / Stock value:
R700,000

Contact Information

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