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Guesthouse
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Guesthouse

Hermanus, Western Cape, South Africa
Original price was: R910,000.Current price is: R850,000.
Operating Business
The current owners started this Guest House in November 2015 at the current location in Hermanus. The business operates as a guest house, providing accommodation in the heart of Hermanus. It has safe parking and guests can walk to town. The guest house has 5 rooms, all with en-suite bathrooms and 13 beds in total. Rooms have white linen, towels, tea / coffee stations, microwave, bar fridge, hairdryer, amenities, DSTV, wifi & a safe. There is a lounge / dining area available with secure parking. Breakfast is provided for all guests. Laundry is done on site. Bookings are done via various websites where Nightsbridge is used (Booking.com, SafariNow, TravelIT etc) but also via their own website. Bookings are mostly done 3 months in advance. The target market is 65% South African visitors and 35% European visitors. Cash flow needed for one month’s trading is approximately R20 000. Operations The rent is on an approximate 8% escalation as follows. 1. First year rent (1 January 2020 – 31 December 2020) will be R9 730-00 plus VAT per month 2. Second year rent (1 January 2021 – 31 December 2021) will be R10 510-00 plus VAT per month 3. Third year rent (1 January 2022 – 31 December 2022) will be R11 350-00 plus VAT per month 4. Fourth year rent (1 January 2023 – 31 December will be R12 260-00 plus VAT per month 5. Fifth year rent(1 January 2024 – 31 December 2024) will be R13 240-00 plus VAT per month Marketing Information Marketing is done on their Facebook page and the Guest House website. Fixed Assets List attached. Personnel 2 staff members are employed to clean. Both will continue employment after sale of business. The owner is responsible for bookings, emails, checking guests in and out, housekeeping, general management, laundry and stock purchases. Reason for selling The owner wants to relocated to Cape Town.
BA Brokers
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0 out of 5
Total Sales: 0 Total Listing: 10
View Vendor

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