Sectors / Category

Annual turnover

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  • Mandate: 32856
  • Added: 05 Aug 2019
  • AFS
  • 334

Victorian 4 Star Guest House and Conference Centre

Western Cape, Helderberg & Winelands
334
Mandate 32856
Added 05 Aug 2019
R 29,950,000* ZAR
Stock: R 0
Assets: R 16,000,000
R 300,871 ZAR
Hugo Tallie
(PRINCIPAL)
Aldes Winelands
Western Cape, Paarl
Western Cape, Paarl
Summary

This extremely Profitable Victorian 4 Star Guest House and Conference Centre offers 26 Premium Guest Rooms , surrounded by beautiful wine farms in Cape Winelands.

Victorian 4 Star Guest House and Conference Centre
SELLING PRICE AFS
R 29,950,000* ZAR
Stock: R0
Assets: R16,000,000
R 300,871 ZAR
Summary

This extremely Profitable Victorian 4 Star Guest House and Conference Centre offers 26 Premium Guest Rooms , surrounded by beautiful wine farms in Cape Winelands.

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Fully describe the business's activities?
This 4 star romantic 1800's Victorian guest house provides 26 elegantly appointed guest rooms with air conditioning , Tv's and en suite bathrooms. The business also have 2 conference rooms for conferences , weddings and functions. Board room that can be customized to suit your event requirements U-shaped setting with desks and chairs that can be customized to suit your event requirements The business also offers a Dining room for exquisite events and parties The above sections can be combined to accommodate: -200 delegates in cinema style -120 delegates in banqueting style -100 delegates in schoolroom style All catering for conferences is done on site with our world-class kitchen staff and chef

How long has the business been established?
The business has been established since 1989

How long has the owner had the business?
The current owner had the business since inception

How are the clients attracted to the business?
Clients are attracted to the business mainly by word of mouth , the website and the location of the business

What Advertising/Marketing is carried out?
Google ad's , website and portal links

Does the business have any contract work?
No ,the business have no contract work

What competition exists?
Many other guesthouses

What is the total staff complement?
Total staff complement is 13

Are they on contract?
Yes , all the staff are on contract

How involved is the Owner in running the business?
The Owner is full-time involved in the daily running of the business

When does the current lease end?
No lease , the property is included in the sale of the business

What are the trading hours?
7 days per week , from 7H00 till 17H00

What are the main assets of the business?
The main assets are the fixed property and all the furniture and equipment

Are any items not included in the sale?
Yes , some of the personal items of the owners and some paintings

What is their overall condition?
Excellent

Do any require repairing?
No repairing is required

Are they presently insured?
Yes ,all assets are insured

Strengths?
Well established business with loyal customers, excellent location in main road and reputation.The business is ranked in the top five places for accommodation in Paar l.

Weaknesses?
No weaknesses prevail

Opportunities?
The current owner lives in the adjoining property (included in the sale) and this property could easily be incorporated to the guesthouse facilities . This would increase the current accommodation capacity

Threats?
The normal threats that's associated with this kind of business exist.

What is the reason for the sale?
The owner wants to retire

Why is this a good business?
Well established and profitable business

What is the price plus stock and the profit?
The price for the business (including property) is R 29 000 000,00 with a annual net profit of R 3,6 million

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FRANCHISE DETAILS

Aldes Winelands

2 members
12 active mandates
Western Cape , Paarl
14 Auret Street Paarl Western Cape 7646
Paarl
7357

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