Advert ID:3005 / Seller Reference:Hotel venture Cape Town / Type:Joint Venture or Partnership / Sector:Hotels / Location:Global
WANTED - Joint Venture Partner For Hotel
Opportunity Summary
Tabengwa property Investments cc trading as Destiny International in Cape Town, South Africa is seeking funding and joint venture partners for a hotel in Cape Town. The hotel is for sale with 160 rooms and is located in central Cape Town. The hotel is planned to be a pilot project of a chain of hotels and guesthouses planned for South Africa ahead of FIFA Soccer World Cup to be hosted by South Africa- Years Established:
- In operation for two years
- Target Market:
- Local and foreign travelers and tourists
- Predicted Sales:
- US$5,000,000 per annum
- Predicted Profit:
- US$2,300,000 per annum
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