Fully describe the business's activities?
This family owned and managed guesthouse is about location, view and value for money. It offers the best of both worlds: located in a quiet, popular neighbourhood, but bordering on the CBD. It enjoys the most magnificent 180Â° views over the cityâ¯bowl towards the surrounding highlands and unequalled sunsets. Offering 14 double sized rooms, with en-suite bathrooms. Most units offer a bath, shower, private balcony or patio. The comfortable rooms are individually decorated in a warm, creative andâ¯natural style. Total square metres of property 1,534sqm improvements include: â¢ Reception â¢ 14 Double guest bedrooms (including 2 x self-catering) â¢ Separate 3 bedroom, 2 bathroom house with dining room and lounge for guests. â¢ Large Patio with braai, bar & guest toilet â¢ Separate 2 bedroomed flat with kitchen & lounge: â¢ Gymnasium (Â± 35 sq. m) â¢ 3 Store rooms & storage space underneath staircase â¢ Laundry with adjacent toilet & small storeroom â¢ Drying yard â¢ Ironing room â¢ Linen room â¢ Sauna â¢ Swimming pool â¢ Remote control garages for 11 vehicles â¢ Small yard for rubbish bins â¢ Two separate solar systems serve entire guesthouse Optional expansion would be to easily extend 14 guest rooms into 16 guest rooms, with a further 2 guest rooms in the managers dwelling. Therefore extended to 18 guest rooms. Future additions: Space available to add 4 more guest rooms. Concept plans are available
What is the price plus stock and the profit?
Asking price is N$ 23,690,000.00 including all guesthouse furniture and equipment. Annual Profit N$ 365,475.00.