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Annual turnover

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  • Mandate: 33141
  • Added: 29 May 2019
  • AFS
  • 1355

Budget Hotel 60 rooms in Durban CBD on LT Lease

KwaZulu-Natal,
1355
Mandate 33141
Added 29 May 2019
R 2,500,000* ZAR
Stock: R 0
Assets: R 500,000
R 121,654 ZAR
Cliff Bell
(PRINCIPAL)
Aldes Exclusive
KwaZulu-Natal
KwaZulu-Natal
Summary

Long established, well known, & profitable 60 room budget hotel that focuses on business & holiday clientele. Annual Net Profit of R1.46m (incl owner addbacks) on a turnover of some R8.1m pa (incl the restaurant & bar). The long term lease is extendable & is within the expenses of the business..

Budget Hotel 60 rooms in Durban CBD on LT Lease
SELLING PRICE AFS
R 2,500,000* ZAR
Stock: R0
Assets: R500,000
R 121,654 ZAR
Summary

Long established, well known, & profitable 60 room budget hotel that focuses on business & holiday clientele. Annual Net Profit of R1.46m (incl owner addbacks) on a turnover of some R8.1m pa (incl the restaurant & bar). The long term lease is extendable & is within the expenses of the business..

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FRANCHISE DETAILS

Aldes Exclusive

2 members
11 active mandates
KwaZulu-Natal
11A Coghill Avenue, Kloof
4000

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