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Lake Malawi Beach Resort For Sale

Nkhata bay, Malawi
Asking Price:
$525,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

Kande beach resort is the most popular beach resort on lake malawi. Established in 1993 this busy resort caters for back packers and over land tour groups as well as familys and holiday travellers.

Located on a 12km stretch of clean white sand on the clear blue fresh water lake with kande island only a few hundred meters off shore, this idylic lodge has 30 rooms of varying standards and a large camp ground set up for over landers and tour groups. our bar is one of the best known in central africa for big party nights or chilling at the beach. the lodge has a 45 seater cafe on site and a PADI resort dive centre offering courses and recreational dives at the nearby kande island. lake malawi is home to the rare breed of chilchilid tropical fish, amongst many other species and the clear warm waters of the lake make for exellent diving conditions. the dive resort also offers water sports such as canoe hire, sailing. windsurfing and pedal boats.

The lodge is busy all year round with peak season being from october to may. the owner, who built the lodge from scratch wishes to retire within malawi and will assist the succesfull buyer in handing over and smooth transition of ownership etc. the land is secured on a 99 year leashold of which 75 years remaining. kande beach resort is a limited company and licensed and registered for trade in malawi for over 25 years. the business is ongoing with a healthy turnover and further plans for future expansion of client base and diving activities. the lodge has a 3 bedroom house for the owner and 4 managers/staff houses on site. all gest rooms are fully furnished and the sale includes all plant and equipment fully fitted out workshop 35kva deisel genset and some water sports equipment.

Property information

Real Estate:

Real Property Included

Living Accommodation:

The owners house is included in the sale and is a unique feature on the lake shore. being three story building comprising ground floor kitchen and hall way, first floor living room and bathroom with balcony round three sides and second floor bedrooms one master and two single bed rooms also cupboard space built in and private grounds and beach access.

Location:

Lake side beach front location

Premises Details:

1.2ha site with established out buildings, houses and accommodation units within. also PADI dive scholl and workshops, restaurant and bar, reception and offices/store rooms etc.

Size in square feet:
65,000
Planning Consent:

N/A

Business Operation

Expansion Potential:

There are provisions to improve some of the budget rooms by adding en suite and space to build more rooms at the beach front with en suites and air conditioning, should the demand arise.
also we have been in talks with authorities to procure a ship wreck which could be placed a few kilometers off shore to increase the dive resort business, which would fill the rooms in the hot season.

Competition / Market:

Although there are other lodges within the area, kande beach has the facilitys like water storage, hot showers, toilets and stock levels to cater for the large over land groups (up to 8 groups of 20 people at any given time) whereas the nearby lodges do not have this capacity or space.

Reasons for selling:

Owner is retiring

Trading hours:

24/7

Employees:
24
Years established:
26

Other Information

Support & training:

Owner is retiring within country and there will be a manager in place to help with handing over period.
all the management level staff have worked with the owner at the lodge since its beginning and they know how things run and where everything is.

Furniture / Fixtures value:
$120,000 (USD) - included in the asking price
Website:
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