Verified Listing
Posted on July 16, 2018 / 417
Price : R28,000,000
Listing Type : Property
Location : West Rand
Ref. No : 2459
Year Established : 1985
No. of Employees : 64
Turnover : R1 471 093
Expenses : R1 312 617
Net Profit : R158 476
Asset Value : R4 907 316
Business Value : R 5 500 000
Property Value : R 39 275 000
Erf Size : 11.8 hectares

Here is an opportunity to own and develop an iconic well-known business situated on 11.8 hectares of prime property in one of the fastest developing nodes on the West Rand. There are many exciting developments being planned for the area and here is your opportunity to get in at the ground floor.

The property currently has many thriving businesses operating from within its boundaries including but not limited to, Weddings, Conferences and Flower Shows, a very popular tea garden, a large plant nursery, as well as many other ancillary lifestyle businesses. There is also a large manor home that can be used for offices, a nursery school, a private school and numerous other possibilities.

Each year the business is visited by over 250,000 people attending the numerous functions that are on offer and/or available to the general public. This iconic and extremely popular venue is located on a very busy and major arterial which is soon to be upgraded to be a highway comprising 4 lanes (2 lanes in either direction).

This upgrade to the road infrastructure will no doubt add to the number of visitors and indirectly increase the value of the property as well as the profitability of the many internal businesses. To accommodate the many visitors, the owners have built a parking area covering some 3 850 sq. meters and there is room to easily extend the parking area.

The owners would like to retire and are planning to relocate to the coast. They are asking R28 million for the property as well as this thriving business, assets, stock, etc. and are open to all serious offers i.e. they are want to sell the business as a going concern.

Steve Van Rensburg – Roodepoort