Summary

Give me more information

Fully describe the business's activities?

145 bed accommodation with variable options , Restaurant , Conference facilities , Event venue and caravan park
3 Star rating

How does the business operate on a daily basis?

The owner and staff are daily involved with the admin / reception / housekeeping / maintenance / restaurant and preparations for events like conferences and weddings

What Advertising/Marketing is carried out?

Website / Where to Stay / LekkerSlaap / Safari Now / Rooms for Africa / Trip advisor / SA Venues

What competition exists?

Other Guest houses and B&Bs in town
Other Restaurants is town

How could the profitability of the business be improved?

Marketing , BBEEE involvement , further development of land , selling of portions of un-used land , More focus should be given to corporate events , conferences and functions

Give a breakdown of staff/ functions/ length of service?

See attachment

Do any have management potential?

Yes

How involved is the Owner in running the business?

Overseeing the management and operations on a daily basis

When does the current lease end?

No lease - owned by seller

What are the trading hours?

7 day / week
24 Hours standby assistance
Reception 7h30 - 21h30

What are the main assets of the business?

Land , buildings and movable assets

Strengths?

Highly visible - close to CBD and direct access for main road
Well established - 34 years
Well maintained facilities
Vendor numbers at mines
Diversified business income

Weaknesses?

Weak and insufficient marketing
Owner has lost a bit of focus because of his other business venture

Opportunities?

Growth in town ( Mining )
BBEEE partnership will increase the turnover
Additional land available for development ( Life Style Estate / Retirement Village )