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Guest Lodge In South Coast

South Coast Road, Mobeni East, Durban, South Africa
R8,000,000
Operating Business

This is a popular 3-star rating lodge operating since 2000 from a stunning 180-degree sea view location on the KZN South Coast. The lodge provides self-catering luxury accommodation for holidaymakers, business contractors, wedding and private functions with 9 units capable of hosting 25-30 guests and a conference facility for 60 people. The reason for selling is due to owner’s retirement. The asking price for business and property is R8m

Ref. No : 2834
Year Established : 2000
No. of Employees : 5
Trading Hours : 24/7
Turnover : R 179 747 pm
Cost of Sales : R 30 784 pm
Expenses : R 93 664 pm
Net Profit : R 55 299 pm
Asset Value : R 1 200 000
Property Value : R 6 000 000

Overview

Years

22

Employees

5

Renwick Business Brokers
Renwick Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 115