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Family Owned 50 Years

5 Chapel Street, Port Elizabeth, Eastern Cape, South Africa
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Asking Price$625,000
RevenueUndisclosed Established1837
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
The Phoenix Hotel Is Situated In The Historic District. Parallel
And One Block Above Govan Mbeki Avenue (Main Street) Port Elizabeth, South Africa.
100 Metres From The Opera House.
220 Metres From City Hall.
450 Metres From The Harbour.
2.5 K's To Kings Beach
4.5 K's To The NMB Soccer/Rugby Stadium
2 K's To St George's Cricket Stadium
With Easy Access To The New Coega Deep Sea Port.
Facilities:11 Rooms (9 Recently Upgraded and themed - 32 inch TV's New Quality Beds) 4 with bathroom on suite) 1 Flat 2 Bedrooms + Lounge + kitchenette + ! bathroom and shower. Off street parking for 6 cars. +n3 garages - i used as storage. 2 with bathrooms with bathroom on suite still to be up graded. The Cantina Restaurant seat 60/65 - Stage Door Bar seats 55/60people. - Back Sytage Bar 25/30 people/ The "Pink Bar 15/25 for functions. All public toilets have been upgraded to 4 star standard in the last 6 months.
Competition:Difficult to explain - but virtually nothing in our area. Facebook Rating 4.6 out of 5 https://www.facebook.com/Stage-Door-Phoenix-Hotel-Port-Elizabeth-134364173282401/
Growth Potential:Young blood needed. I have owned it for 50 years - last 22 run it by remote control from the USA. FACEBOOK
Training/Support:Negotiable - Great staff many over 15 years with the company.
Seller Financing:NO
Sale Reason:73 years old - have other interests in 2 othe countries that need attention.
Ad #100254
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