This up market boutique hotel has been trading for 8 years and offers 45 rooms, a romantic wedding venue for up to 350 guests and excellent conference facilities accommodating anything between 20 and 400 delegates.

Situated in a peaceful area in the Eastern suburbs of Pretoria, a mere 30 minute drive from OR Thambo International Airport.

The Area is home to many of the Embassies, numerous shopping malls, restaurants, private hospitals, tourist attractions and historic sites.

Facilities:

45 Rooms including Executive Rooms, Honeymoon suite and 2 self-catering units.

Wedding Venue for up to 350 guests.

Conference/event venues catering for between 20 and 400 delegates.

Restaurant and Licenced Bar.

Breakfast Room.

Beauty Spa.

Kiddies Playground.

Swimming pool.

The business has five revenue streams which includes:

  • Accommodation (40%)
  • Event Venues (7%)
  • Beauty Spa (23%)
  • Restaurant (25%)
  • Bar (5%)

Financial Position:

  • The business achieved a 30% growth on turnover, year-on-year, from 2014 until 2020.
  • After a decline in 2021 due to the coronavirus pandemic, it recovered with more than 100% growth in 2022.
  • The business has a positive cash-flow and invested heavily in maintenance and renovations.

Fixed Assets – R25m.

Loose Assets – R1,5m.

Future confirmed Bookings – R750 000.

Stock & Inventory – R500 000.

Cash on hand – R500 000.

Selling Price – R45 million.

Further info including Financials will only be released on signing an NDA.

Contact Greig on 063 364 1780 or email greig@biz2sell.co.za