Is the business VAT Registered?
The business is VAT registered.
What VAT documentation is on file?
A VAT return would be available during due diligence.
Are there up-to-date Management Accounts available?
Up to date management accounts are available for qualified buyers.
What Balance Sheet and Income Statements are available?
Annual financial statements and management accounts are available for qualified buyers.
What percentage of the business is cash/credit?
The business is on average 30 days on book for the service department. Sales are C.O.D, equipment is paid for upfront prior to delivery.
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
The business has the opportunity to grow its presence in Cape Town and JHB.
Is Seller finance available and for what amount?
Seller finance is not available. The new owner would require working capital to purchase stock, the stock level ranges between 3-5 million.