Established And Profitable Guest House with Conference facilities For Sale In Port Elizabeth.
Business Description:
Located in a prime area of Port Elizabeth, this Guest house and Conference facility is renowned for its blend of comfort, convenience, and professionalism, whether for leisure, business, or events, this established operation promises immediate returns and long-term growth potential.
This Guest house is located within walking distance to the warm Indian Ocean, safe blue flag beaches, surfing, and fishing.
The Guest house boasts 11 rooms ranging from Deluxe suites, a luxury family cottage and standard rooms with each room equipped with modern amenities to ensure a comfortable stay.
Other amenities include:
- On-site restaurant
- Conference Facilities
- Bar facilities
- Landscaped gardens,
- A swimming pool, and relaxation spaces designed for downtime between meetings or after travel.
The property is included in the sale and includes both the Guest house and a Private home which is currently occupied by the Seller.
The property size is 2069m2 and is valued at +-R15 000 000
This business is fully operational with an established client base, experienced staff, and robust management systems.
Due to confidentiality of the sale additional information will only be provided on completion of an NDA.
Overall, this Guesthouse is recognized for its excellence in hospitality and event hosting, which has generated consistent positive reviews and repeat business.
This Established Guesthouse and Conference Centre represents a rare chance to acquire a thriving hospitality and event business and with its proven track record, untapped potential, it is perfectly positioned for the next owner to build upon its success.
Financial Information
Current Annual Turnover:
+-R 2 338 912 (as per 2025 financials)
Annual Operating Net Profit (EBITDA):
+-R1 483 777 (as per 2025 Financials)
ROI%
+-9% (Including the property)
Furniture and Fittings Value:
+-R1 490 000 (Included in Asking Price)
Owner Drawings:
Substantial
Current Stock on Hand:
Included in the Asking Price
Premises Size
2069m2 (Included in the asking price)
Monthly Rent:
+-R60 000 (Property is owned by the Seller)
Vat registered:
Yes
Franchise:
Not part of any franchise group
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
BuSiness Information
Industry
Guest House with Conference Facilities
Asking Price
R16 800 000 (Including property)
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises Value:
+-R15 000 000 (Owned by the Seller)
Hours of work:
Mon to Fri: 07h00 -20h00 Saturday: 07h00 – 17h00 Sunday: 08h00 – 17h00
Buyer Profile:
This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint. Knowledge of the Hospitality Industry is recommended.
Full training and support will be provided by the seller to the new owner.
Growth Potential:
This business has an already established client base which can be developed further. Other significant opportunities are to increase bookings through targeted marketing efforts, strategic partnerships, and enhancements to guest services. The development of Seasonal packages or promotions aimed at boosting occupancy during off-peak periods further supports growth prospects.
Reason for selling:
Retirement and Relocation
Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.
Contact Us
call
Grant – 073 556 0065
grant@mnbrokers.co.za
visit
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070