Property description

FOR SALE – Landmark Hospitality Business & Commercial Property

Walvis Bay Business Area | Going Concern

A rare opportunity to acquire a fully operational, income-generating hospitality business together with a prime commercial property — offered as a going concern.

Steve’s Takeaway, a well-known and trusted landmark in Walvis Bay, boasts nearly 50 years of continuous successful operation. The business has a proven track record of sustained profitability, supported by a loyal retail clientele and a growing corporate customer base, driven by ongoing industrial and economic activity in the region.

This turnkey operation is fully functional, professionally managed, and equipped with modern systems, allowing for immediate takeover and uninterrupted income. The sale is motivated purely by health reasons, presenting a unique and genuine investment opportunity in one of Walvis Bay’s busiest commercial zones.

KEY SELLING HIGHLIGHTS

• Going Concern. Business + property ownership – no rental risk
• Nearly 50 years of trading history with strong brand recognition
• Multiple income streams: takeaway, restaurant, functions, and casino
• Established and growing corporate clientele
• Fully operational with trained staff, systems, and infrastructure in place
• Strong expansion potential: extended hours, catering, events, accommodation
• Prime central business location with high foot and vehicle traffic
• Ideal for investors, hospitality groups, or hands-on owner-operators

PROPERTY & BUSINESS FEATURES

Commercial Operations

• High-volume takeaway outlet with 5 service points
• 7-door walk-in cooler
• Casino with 10 licensed gambling machines
• Enclosed veranda dining (36 seats)
• Restaurant seating (66 seats)
• Function / conference venue (80 seats) with fully equipped bar
• Large commercial kitchen (workspace for ±20 staff)
• Prep room
• Built-in freezer room and chiller room
• Three storerooms
• Laundry facility
• Staff rooms with male & female ablutions
• Management office and dedicated storeroom
• Modern online POS / till system with centralized control

SECURITY & SYSTEMS

• 36-camera online surveillance system linked to a 24-hour security company
• Fingerprint staff clock-in system
• Standby generator for uninterrupted operations

ADDITIONAL VALUE – RESIDENTIAL / INCOME POTENTIAL

• 5-bedroom, 3-bathroom residence on the second floor
• Ideal for owner/management accommodation
• Two tandem garages (accommodating 4 vehicles)

Potential conversion into a guesthouse or short-term rental, unlocking an additional revenue stream

INVESTMENT OVERVIEW

• Sale includes business, property, and operational infrastructure
• Offered strictly as a going concern
• Serious, qualified buyers only