Lodge & Apartment Business
www.GlobalBX.com
Listing ID:
700314044
Listing Title:
Lodge & Apartment Business
Quick Link:
http://www.globalbx.com/listing.asp?bId=314044
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Motels
Country:
Botswana
State / Province:
Area
City:
Botswana
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$360,000
Cash Flow:
$120,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2008
Number of Employees:
10 - 19
Business Description:
Fully tenanted shops and apartments earning 9.6% annual rental return in a busy tourist destination and transit town to the world famous Okavango Delta of Botswana. Business model to be changed to earn over 15% return per year. Very little competition in the area. Occupancy of rooms expected to be over 60% over the year
Total investment sought is USD$1,200,000.
Minimum investment US$200,000 and balance by local partners through local banks. Residents permits for foreign partners can be applied for.
Contact +267 75724135 or email for more details
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