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Who Wants To Be A Millionaire, Popular Lodge For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R8,000,000 Furniture / Fixtures included
Sales Revenue:
R2,400,000
Cash Flow:
R200,000

Popular 4-Star Johannesburg Lodge For Sale

Seize this golden opportunity to let your Guests buy the property for you.
With a gross income of 200 000 per month and only 50 000 expenses, how can you go wrong ?

The business is being sold as a going concern Lock, Stock & Barrel with 24 lavish en suite bedrooms, 30 seater dining room, 2 kitchens, manager's apartment, swimming pool, decks and entertainment lapa with Pool Snack Shop, massive car park. All set on 2 adjacent 1,300 sq meter stands.

Don't delay, you're buying prime real estate and getting the business for FREE !
Established 20 years and the most popular boutique hotel in the south of Johannesburg.

Owner is packed and ready to go. Nothing to do but Plug N Play. Collect the keys today !

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Manager's Suite

Location:

Winchester Lodge is situated in the pestgeous suburb of Winchester Hills Johannesburg close to City Center, Gold Reef City, Nasrec & FNB Stadium.

Premises Details:

2 buildings on 2 1,300 sq meter stands

Business Operation

Expansion Potential:

Approved plans for 2 Deluxe Suites overlooking the pool.

Competition / Market:

Very little as Winchester Lodge is the largest Guest House in the South. Established for 20 years.

Reasons for selling:

Retirement

Trading hours:

24/7

Employees:
4
Years established:
20

Other Information

Support & training:

Any required

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Website:
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