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Established B&B In Port Shepstone For Sale

Port Shepstone, KwaZulu - Natal
Asking Price:
R3,950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R500K - R1.5M
Cash Flow:
R500K - R1.5M

Established in 2000, Mdoni House Guest Lodge in Umtentweni near Port Shepstone has earned an extremely high reputation amongst corporate and government guests who give us a consistent turnover throughout the year. 65% of our reservations are from travel agents, returning guests, and guests who have been personally referred to us.

The 5149 square meters of established garden has many trees and subtropical flora which makes a perfect tranquil setting for the single storey B&B which consists of 6 en-suite bedrooms, atrium, full (extra) guest bathroom, and lounge/diningroom which lead to a patio overlooking the pool and deck. The large oak and granite finished kitchen with full gas stove is easily accessible to the poolside breakfast patio, dining room and owners quarters. The reception area is adjacent to the owners’ quarters which has two bedrooms, bathroom and a large lounge/diner opening to a private garden. Additional rooms are a laundry, walk in safe, wine cellar, pantry and double garage within the main building, and a small 2 bedroomed cottage with a lounge and full bathroom in its own enclosed garden.

The whole property is fully fenced with an electric gate and intercom, large drive and parking for over 12 vehicles.

Property information

Real Estate:

Real Property Included

Living Accommodation:

2 bedrooms, 1 bathroom, Lounge/dining room

Location:

Private house in large garden. Easy access to Port Shepstone and all major routes.

Size in square feet:
Buildings 495sm
Planning Consent:

Special consent to operate in this area and business license

Business Operation

Expansion Potential:

There is a call for small conference venues in this area, and plenty of available ground to erect one.

Competition / Market:

As this is a holiday destination there are plenty of other accommodation establishments close by, but very few who cater primarily for the business market.

Reasons for selling:

Have loved running this business but at 74 time to retire.

Trading hours:

7.00 - 1900.00

Employees:
3 plus owners
Years established:
18

Other Information

Support & training:

Full support and basic training can be offered for a few months.

Furniture / Fixtures value:
R750,000 - included in the asking price
Inventory / Stock value:
R150,000 - included in the asking price
Website:
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Home based:
This business can be run from home.

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