Established Guest House
Location South Africa
Asking Price Range $500K - $1.0M
Gross Revenues $77000
Net Profit / Cash Flow $17000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Could be provided for transition period.
Reason for Sale Retirement.
Description Price reduced due to planned retirement. Successful Cape Town Guesthouse for sale Situated 20 minutes drive from Cape Town International airport in idyllic and secure residential estate. Ideally located between Cape Town CBD and wine district. Apart from catering for tourists, Mushet Manor has an established business clientele making use of the secluded conference facilities in the old Manor House grounds. The premises is fully licensed as a restaurant with liquor licence and therefore perfect for hosting wedding receptions and functions within the grounds and beautiful garden. Link mushetmanor.co.za . Feel free to view neighbourhood and street views on google earth for setting.
The facilities include:
14 double bedrooms including honeymoon suite (all en suite)
Restaurant - including commercial kitchen, pantry, 2 dining rooms
2 conference rooms (40 capacity each)
5 bedroom Manager's house within the grounds
Undercover parking facilities
Large well kept gardens
Bar, swimming pool, large barbeque, office, ornate lounge with fire place
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