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PROFILE |
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Description: |
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Three star lodge located within easy reach of Naboomspruit and benefiting from mid-week and weekend trade. The Lodge has been extensively marketed so that it is a viable business. Fully game fenced 159 hectare, a 401m2 guest house with 4 bedrooms and 11 fully equipped self catering accommodation chalets in two buildings totaling 720m2 accommodating between 38 - 48 people. Lapa, boma, swimming pool, store room and games room. Variety of different game in the veld. Small conferences held at the Lodge |
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Industry / Sector: |
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Hospitality - Game and Bush Lodges |
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LOCATION |
| State / Province: |
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Northern Province RSA |
| City / Town: |
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Mookgophong (Naboomspruit) |
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Location / Area: |
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3 km outside town |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 2 800 000 |
| Conditions: |
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Negotiable subject to conditions |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 60 000 per month
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| Profit: |
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R 40 000 per month
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| Annual Return: |
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17
% per annum
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| No. of Staff: |
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4 |
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Year Established: |
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2005 |
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Legal Persona: |
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Close Corporation |
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Other Information: |
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Buildings totalling about 1200m2 and 159 hectares of prime land with excellent water (located within the largest inland floodplain in South Africa) make this business opportunity an excellent investment. The current owners have concentrated their efforts in building up the accommodation business from scratch and have developed some excellent
contacts of different businesses and organisations. To date the land has not been utilised to generate a return which will improve profitability.
There is plenty of scope to develop additional business.
REASON for SELLING
The present owners now wish to concentrate on other business opportunities available to them.
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