Award-winning Riverbank Safari Camp In Tanzania For Sale

Overview

  • Business services, Services
  • Property Type

Description


Award-winning Riverbank Safari Camp In Tanzania For Sale

South Africa

Asking Price:


R15M – R100M

Furniture / Fixtures and Inventory / Stock included

Sales Revenue:
Available on request
Cash Flow:
Available on request

For Sale: USD$1.5M. Established Profitable Business. Assets include 34.9 Acres of Premier Riverfront Land Bordering a Major Southern-Circuit National Park.

Beautifully located, well-established safari camp with exceptional river views. Situated within a preserved natural forest right on the National Park border.

In addition to a range of guest accommodation, the business provides access to satellite Wi-Fi, riverbank bar, a spacious dining area and swimming pool. Business Services also include game drives in custom-made open-sided 4×4 safari vehicles and cultural tours, as well as bush walking and boat safaris – which are unusual – not typically permitted in almost all of Africa’s parks.

Entire issued share capital for sale: Trading history over more than fifteen years: No outstanding liabilities.

Occupancy (pre-covid): Over 3,300 bed nights sold per 9-month season. Operations paused due Covid-19.

Fixtures, Fittings and Equipment: All FF&E included in sale price. Assets valued at US$ 185,000

Land: 34.9 acres of prime riverfront. Independent valuation included in sale: US$ 686,485

Reason for sale: One owner retiring and other owner wishes to relocate abroad for family.

Strategic Location: A fundamental competitive advantage. The site is the closest to the National Park entry gate. In addition to spectacular views of the river, the location provides direct access to the park without incurring expensive extra overheads of concession fees and overnight park fees. Direct access from Tanzania’s largest city, Dar es Salaam, is by road (4 hours) or scheduled flight (45 minutes). The camp is within 5-10 minutes’ drive from the closest airstrip.

Opportunity: Given the unique location, there is opportunity to exploit a gap in the market for a boutique hotel / lodge. In the immediate situation there are also lower risk options, such as increasing the

accommodation (barely 15% of the site has been developed) and / or introducing an in-house water filtration system. Also, “Safari Experience” activities could be expanded, to include night drives, river/lake fishing and vintage expeditions / adventure camping etc.
Assets include 34.9 Acres of Premier Riverfront Land Bordering a Major Southern-Circuit National Park

Reputation: Established in 2004, the business has strong, time-honoured alliances with a number of key tour operators – these long-term connections add value. The business has also built an excellent standing within the local independent travel market with a significant online following. All in all, translating into repeat custom from multiple sources. Well respected within the industry, the business has built a reputation for consistently delivering excellent service, recognised with numerous five-star reviews, the camp has won the TripAdvisor

Travellers Choice/Certificate of Excellence Award twelve years running and achieved “Hall of Fame” status. In 2019, the business also won The Safari Awards Bronze Award for Tanzania’s Most Romantic Lodge and Bronze Award for Tanzania’s Best Value Lodge.

Setting: The site borders the largest National Park in Africa; home to a multitude of wildlife including hundreds of bird species and with a substantial abundance of elephants, giraffes, crocodiles, and hippos. The park provides the habitat for lion, leopard, buffalo, zebra, wildebeest, hyena, etc., and a significant population of highly endangered African Wild Dogs.

Utilities & Infrastructure: Water supply is uncomplicated and reliable year-round. The camp is powered by a combination of solar and generator electricity – with options to connect to the national grid or construct a micro-hydropower system if required. The inventory includes a small fleet of vehicles, river boats, water pumps,

solar and generator electricity systems, and the operation is supported by an on-site garage and workshop. Ample secure storage exists for foodstuffs and fuels etc. Support amenities also include on-site staff
accommodation and management house, a well-equipped kitchen, and an office with satellite Wi-Fi.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Management house and staff accommodation.

Premises Details:

34.9 acres of prime riverbank forest.

Business Operation

Expansion Potential:

Given the unique location, there is opportunity to exploit a gap in the market for a boutique hotel / lodge. In the immediate situation there are also lower risk options, such as increasing the accommodation (barely 15% of the site has been developed) and / or introducing an in-house water filtration system. Also, “Safari Experience” activities could be expanded, to include night drives, river/lake fishing and vintage expeditions / adventure camping etc.

Competition / Market:

Available on request.

Reasons for selling:

One owner retiring, other relocating abroad.

Years established:
2004



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Address

  • City Hong Kong

Details

Updated on January 22, 2023 at 1:36 am
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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