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Successful Acorn Summit Guesthouse, Luxury 34 On-suite Units For Sale

Florida Glen, Gauteng, South Africa
Asking Price:
R6,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R2,000,000
Cash Flow:
R2,000,000

The 34 units consist of 17 Standard rooms, 12 Self-catering flats, 4 one bedroom flats and a two bedroom flat. All units have on-suite bathrooms and are all fully furnished. There are a fully operational kitchen and dinning room, and large lapa. 2 Fully equipped laundries, reception, office, 2 store rooms, 2 staff rooms and a large generator. All units have DSTV decoder and TV,s and Wi-Fi coverage to all 3 properties. The guesthouse are on the main Hendrik Potgieter street, with large traffic volumes from North West Provinces and Botswana. The guesthouse is close to the Gordon road, N1, Highway, off-ramp and close to shopping centers, bus and taxi routes. We currently accommodate guests staying on long term, and we are 100 % full. The guest had a 3 star grading and a liqueur licence. Owner relocate to Hermanus

Property Information

Real Estate:

Real Property Included

Living Accommodation:

2 Bedroom flat

Location:

Corner Hendrik Potgieter and Tugela ave Florida Glen.

Premises Details:

3 Properties, each 1120 square meters and each 11 units.

Size in square feet:
900
Planning Consent:

All 3 properties are zoned as guesthouse

Business Operation

Expansion Potential:

Can be rezoned as a boarding house

Competition / Market:

We are currently full and have a waiting list.

Reasons for selling:

relocating

Trading hours:

24/7

Employees:
4
Years established:
2007

Other Information

Support & training:

yes

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value:
R5,000 - included in the asking price
Website:
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Home based:
This business can be run from home.

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