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REF 686

PRICE R 3 500 000.00 (Business & Property)

OVERVIEW

The lodge established in 2014 is situated in Nhangbane Bilene Mozambigue with low overheads offering good rates and with many regular repeat clients is run by the owners with 2 staff members 

 

This excellent business proposition has a good return on investment. and It has loads and loads of potential and, whilst offering a relaxed life-style, generates solid profits throughout the year.

 

A Moz Work permit is possible by purchasing the trading company.

 

How you can buy the business

 

In Mozambique all business land is on a DUAT license.

 

The buildings belong to you but the land is all on a 50 year business trade license.

 

We have our DUAT and it is in place for 50 years currenly 48 years left.

 

After 50 years it does not fall away but after tax settlement it is renewed.

 

There are 8 units (Two 2 sleepers, Five 4 sleepers and One 8 sleeper). Let buyer/s buy shares into Boa Vista. As they settled 1/8 of the purchase price, they receive the full income on a unit minus upkeep costs obviously.

 

Once they settled 2/8 of the purchase price, they receive full income on a 2nd unit minus upkeep costs. This way they generate income as they settle.

 

All bookings get spread equally and there is 100% transparency to bookings, income & expenses. After 4/8 of the purchase price is settled, they take part in management/control.

 

After they settled 8/8 of the Purchase Price they take over full control..  

 

Opportunities

 

An energetic buyer can host more frequent music

 

shows/ weekend concerts and more weddings. Hold recreational events and get involved in the tourist activities in the surrounding area.

Restaurant Expand the existing menu and bar offerings to clients

 

Turnover can be improved with: 

A children's park, extended restaurant menu, 

Extended bar hours.

Asset List:

DUAT (License to trade for 50 years) on land R3 500 000 including buildings;

Furniture & Fittings R360 000 (Upgrades took place beginning 2020).

Bar equipment and furniture R 55 000

Average financials:

 

Income 2020 cannot be taken as a true reflection;

Income 2019 R650 000.

Income 2021 R755 650.

Income 2022 R843 950.

 

Owner takes all the cash, pay expenses and the balance is for private benefit.

 

Average Expenses p/m is +/- R20 000

Average Income p/m R55 000 – R70 000. (Very Seasonal)

Profit to Owner +/- R35 000 – R50 000.

 

No Financial Statements available:

 

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