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Hotel For Sale
Location: South Africa -> Cape Town
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation




Business Summary

I am selling my buissness which is located in the heart of Cape Town. The exact location is situated in the party centre which is internationaly known as Long Street. Accomadation in Cape Town has a huge demand and that is why backpackers burst at their seams having to turn want to be party goers away due to space. Holiday backpakers consists of 4 doublel/single roms and 2 dorms with with 6 beds each. The premisis boast a privat office with a huge walk in strong room. It has a huge lounge area with dstv and a smokers area. The kitchen has a seprate dining area which has a comfterble self catering area.Very profitable turnover. Email or call James at +21 (0)82 843 8387 or +27 (0)72 019 9112 for more information on this hotel for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,100,000
Cash Flow:   $1,000,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $380,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  No.
Reason For Selling:  Relocating.




Print Listing Id: 700149258
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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