• Category: Property - Holiday Accommodation - Guest Houses
  • Furnished: No
  • Pets Allowed: No
  • Region: Free State - Free State North
  • Published: 12/06/2019
  • Ad Type: Owner

Established Guesthouse for than 20 years for sale

R 3 850 000 For Sale
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The guesthouse is an established business
that has been operating for over 20 years in Bethlehem.

Products and Services:
Sleeping up to 24x persons.
Serves dinner and breakfast on request
Fully equipped kitchen (hot plates, grill, oven, deep fryer, blenders).
Location:
The property is well situated on the outskirts of Bethlehem, close to the Dihlabeng Shopping Mall with a beautiful view of the Goble Foley Dam right across. It is convenient and easily accessible to guests from all main routes to Bethlehem.
Clientele:
Focus mainly on visitors to Bethlehem for business purposes. We have a substantial number of repeat customers.
Staff:
We have 2 fulltime staff and 2 casuals. The owners work fulltime in the business.
Financials:
Successful business with solid financials. Available upon signed confidentiality agreement.
The business grew from a modest revenue of R163, 318 a year in 1998 to a more impressive turnover of R 1,018,635 in 2018. Over this period, the guesthouse generated a total turnover of R9.7 million. and accommodated over 38,000 people. This growth is highly likely to continue in the future. If the new owner is going to unlock the potential to expand, the revenue is still going to increase, and so is the profitability.

  • Category: Property - Holiday Accommodation - Guest Houses
  • Furnished: No
  • Pets Allowed: No
  • Region: Free State - Free State North
  • Published: 12/06/2019
  • Ad Type: Owner

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