This is another great mandate by Pelser Real Estate!!
If you want to buy a thriving business, then you are at the right place. This is much more than just a property. This guesthouse is a gateway to financial success and a great opportunity to invest in a property with an above-average income. If you are still interested read below and be sure to check out the financial information about this property.
This guesthouse has been operating very successfully for the past nine years. It specialises in group bookings and is extremely popular with schools and clubs. This establishment is run by a manager who stays on-site to ensure maximum customer satisfaction.
Nine rooms can be extended to twelve. The original house is separate from these rooms and can host up to 10 guests. All the rooms have energy-saving air conditioners, wi-fi, bar fridge, microwave oven, cutlery and crockery, and a kettle. All rooms have their own private entrance. Coffee, tea, and toiletries, including towels, are supplied on a daily basis. The rooms are serviced daily.
This property hosts a sparkling swimming pool with an entertainment area with a built-in braai. There is plenty of parking and three entrances and exits for easy access. Bookings can be made via lekka slaap, bookings dot com, and through their website.
As this is a business and not just another property, we provide some insight into what you will be buying. Check out the financial details of this profitable guesthouse.
Financial Snapshot:
- Gross revenue - R 1 563 479.
- Cost of sales - R 60 842
- Gross profit % - 96%
- Expenses - R 633 769
- Net profit % - 56%
- ROI - ±17%
- Assets - Fixed and movable - R 9 mil
- Selling price - R5 200 000
- Average occupancy percentage - 60%
This is an investment of a lifetime!!!
Financial Statements and Bank Statements are available upon signing an NDA