Asking price:
ZARR1 800 000
Cash Flow (per year): R1 100 000 zar
Sales Revenue: R3 762 234 zar
Owner
Owner's representative
Greyton Restaurant With Air B&B For Sale
Greyton, Western Cape, South Africa, ID 248761
Сontact with me Owner's representative
Description
Profit & Loss Summary (15 Months)Period:1 March 2025 - 31 May 2026 (Management Accounts)Revenue:* Sales: R4,456,793* Guest Air B&B rooms income: R246,000Total Revenue:* R4,702,793* Average Monthly Revenue: R313,519Cost of Sales:* Opening Stock: R110,825* Purchases (Food & Drink): R1,557,203* Closing Stock: (R108,921)Total Cost of Sales:* R1,559,107Gross Profit:* R3,143,686* Gross Margin: 68.8%Operating Expenses:* Bank Costs: R34,188* Fuel: R20,522* Printing: R46,626* DSTV: R14,742* Gas: R70,502* Rent: R390,000* Internet: R11,985* Municipality & Electricity: R213,096* Repairs & Maintenance: R13,073* Salaries & Wages: R464,116* Security: R7,592* Phone: R34,053* Entertainment: R427,132 (including daily meals by owners)* Insurance: R77,116Total Operating Expenses:* R1,824,743Net Profit:* Profit for the 15-month period: R1,318,943* Average Monthly Net Profit: R87,929Value Enhancing Factors:* Liquor licence already in place* Long-term lease secured* Equipment included in the sale
Details
Real Estate:
Lease
Equipment cost: 400 000
Reason for selling:
Relocation
Support from seller:
Hand-over period
Asking price: 1 800 000 zar
Cash Flow (per year): 1 100 000 zar
Sales Revenue: 3 762 234 zar
Rent (per year): 390 000 zar
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