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Business for Sale
4 star hotel in Cape Town CBD

Mandate ID: NA-1-QOC-2-1710-1
Transaction Type:
Business for Sale

Industry: Hospitality


Sector: Hotels


SIC Code: 70110300 HOTELS


Country of Origin: South Africa |


Target Areas: Worldwide


Business Review

This four star hotel is located in the city centre not far from the V&A Waterfront in Cape Town, South Africa, with all the prime city attractions but a short walk away. The rooms offer incontestable panoramic views of Table Mountain, Lions Head, the city and the harbour. At this hotel, guests can enjoy all the amenities together with excellent meals in a relaxed setting. This state of the art four star hotel was completed in May 2010. Cape Town was a semi-final venue for the world cup 2010 hosted at the new Greenpoint stadium. Cape Town is the fifth most popular holiday destination in the world.

Products
240 rooms
Financial Information

EBITDA 2016: EUR 1,950,000


Price: EUR 23,500,000


EBITDA Multiple 2016: 12.05


Highlights

*Room Service * Bar and Lounge * Steam Room * Satellite TV * M-Net Cable Television * Gymnasium * Sauna * Pool * Wireless Internet * Facilities for Disabled * There are 32 parking bays on the 1st floor available on a first come first serve basis * Restaurant serve Breakfast, Lunch & Dinner Buffet. (Full á la Carte Menu)

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