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Guesthouse In Beaufort West For Sale

Beaufort West, Western Cape, South Africa
Asking Price:
R5,000,000 Furniture / Fixtures included
Sales Revenue:
R2,500,000
Cash Flow:
R1,200,000

Owners retire. In operation since 1969. This well established business consist of three individual blocks with separate title deeds, operating as a unit. Accommodation recently upgraded with new interior. Swimming pool, Dstv and braai facilities.
All rooms are en-suite with 4-5 beds (most including double beds). Total of 125 beds /pax.
Two fully fitted self-catering apartments, and three offices.
Included is a huge 3-bedroom house with the option to convert into another Guesthouse, or it can be used as the owners residence.
This is a lovely business and easy to manage. Excellent staff, some 20+ years with the business.
What a lovely Karoo village-town is Beaufort West, located on the N1 main road between north and south, a perfect stay-over for the weary tourist or traveller.
This is a wonderful opportunity for a pre-retirement couple, seeking a good and stable monthly income, as well as an easy lifestyle.
George Airport - 2.5hours

*Option available to purchase the properties / buildings.
** Purchaser to have a minimum of R3m in unencumbered funds available.
***Financials available on request.
*** Non-disclosure to be signed.

Property Information

Real Estate:

Lease

Location:

Beaufort West

Business Operation

Reasons for selling:

Retire after 47 years

Employees:
12
Years established:
1969

Other Information

Financing available:

Cash Transaction only

Furniture / Fixtures value:
R3,000,000 - included in the asking price
Related Documents:

Contact Information

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