Is the business VAT Registered?
Yes, the business is registered for Vat.
What VAT documentation is on file?
All Vat returns are on file.
Are there up-to-date Management Accounts available?
Management Accounts for two years ending February 2014 and 2015.
What Balance Sheet and Income Statements are available?
Annual Financial statements for year ending February 2014 and 2015.
What percentage of the business is cash/credit?
All business is 100% cash.
How could the profitability of the business be improved?
The hotel has a much better rating than a two star facility, but chooses to remain as such for competitive reasons. The profitability could also be improved by brochure circulation to travel agents etc.
Is Seller finance available and for what amount?
Seller finance is not available.