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Business Industry Icon Farm Stay And Restaurant Near Addo
Port Elizabeth, Eastern Cape   Brokered By: Bertie Van Deventer
Asking Price: R8,200,000.00 Sales Revenue: R9,910,988.00 Cash Flow: Undisclosed


BUSINESS PROFILE VIEW

Business Information

Business Information
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Business Identifier

Farm Stay and Restaurant near Addo

Reference

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Looking For

Buyer

Company Start Date

1997-07-01

Financial Year End

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Sector

Service

Industry

Food & Beverage

Business Description

EXCLUSIVE AND SOLE MANDATE!
Addo Elephant Park is one of the top tourist destinations in the Eastern Cape. This 17.8382 Ha farm is situated 8 Km or within a 6 min drive from the main entrance gate of the Addo Elephant National Park and 60 Km or 50 min drive from Port Elizabeth.
This established tourism venture comes with an abundance of potential for the visionary investor. The farm also has 4 Ha irrigation rights and the current owners lease the land to another farmer producing vegetables and other varieties.
Several buildings on the farm consisting of:
Main dwelling measuring 230 m2
Managers house measuring 207 m2
Two semi-detached cottages measuring 60 m2
Garden cottage measuring 88 m2
Five laborers houses measuring 240 m2 (Can be converted into guest rooms or units)
Six self-catering chalets measuring 200 m2
Ablution block measuring 50 m2
Covered wooden deck, measuring 140 m2
Delicatessen measuring 300 m2
Garage, storeroom, and tractor shed measuring 240 m2
Packhouse measuring 900 m2
Restaurant measuring 64 m2
Scullery and ablution measuring 71 m2
Just to replace these buildings will be over R12m and all the contents of the chalets, delicatessen, and restaurant also included with the sale.
Financial history is available to serious buyers who are prepared to sign a non-disclosure agreement and must also be able to provide proof of funding before any financial statements will be supplied.

Registered for VAT

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Franchise

No

Type of Business

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Current Status

None

Province

Eastern Cape

City

Port Elizabeth

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Asking Price (R)

8,200,000.00

Annual Sales Revenue (R)

9,910,988.00

Monthly Free Cash Flow (R)

Undisclosed

Estimate of Business Value (R)

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Disclaimer: Quoted values for (Annual) Sales Revenue and (Monthly Free) Cash Flow may be approximate.

SWOT Analysis

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Human Resource Information

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Ownership Structure

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Ownership Distribution

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Ownership Distribution Graph


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Second Business (%)
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Income Generating (necessary for production) Assets

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Outstanding Invoices owed to Suppliers for Raw Materials, Stock and/or Consumables and Other Monthly Costs

 
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Income Recovery Rate

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Unrecoverable
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Income Recovery Graph


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Current Expected Income

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Gallery

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