Buy an Unique Guesthouse In Heart Of The Country business for sale in Philippolis on BusinessesForSale.com

  • Listing ID: 839782
  • (Seller ref: FS8002)

Unique Guesthouse In Heart Of The Country For Sale


Location:
Category:
Type:

Listed by:


Asking price:
R3,200,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
< R3m
Cash flow:
< R3m
Home based:
This business can be run from home.


Here is a wonderful opportunity in Philippolis in the heart of the Free State. Philippolis is the oldest town in the Free State and the birthplace of Sir Laurens van der Post. Established in 1872 this genuine “Old Jail” has been converted into an extremely popular guest-house. It is situated a short way from the N1 and gives travelers between Cape Town and Johannesburg a unique stop-over experience. In addition to the jail (covering three separate erfs) the current owner is offering two adjoining properties and the eating-house across the road. There are a total of eighteen bedrooms across the four properties. With the current expansion of historical tourism this package presents a perfectly positioned opportunity for a new owner to expand the current business.


Real Estate:
Real Property Included
Living accommodation:
There are four separate properties with living accommodation - any of them could be utilised for the owner.
Location:
Philippolis is just off the N1 highway between Johannesburg and Cape Town so it makes an ideal stop-over for tourists and for business people. It is also close to the Gariep Dam and the Oviston West Nature Reserve. The "Old Jail" is in the heart of Philippolis - a town steeped in the history and culture of South Africa.
Premises details:
The main part of the business is located in the original Philippolis jail established in 1872. Guests are accommodated in "cells" and have the opportunity of wandering through the original courtyards etc. In addition to the jail there is the Justisie which has its own secret garden. The business package on offer also includes an adjacent property and the eeting house restaurant across the road.

Expansion potential:
The current owner has operated the business from afar, an on-site operator would take the business to the next level. There are opportunities to join the active historical tourism trade and also to cater for parties seeking the solitude of such a retreat.
Competition / Market:
The premises are absolutely unique so there is no direct competion . There are other guesthouses but there is a co-operation between owners rather than competition.
Support & training:
On the job on hand over
Reasons for selling:
Retirement
Trading hours:
24/7
Financing available:
From major South African financial institutions

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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