What are the main assets of the business?
The main assets of the business are the 4 vehicles, one for each service crew including all of the tools and welding equipment that each team is equipped with.
Are any items not included in the sale?
The owners vehicle, cellphone and personal effects are excluded from the sale.
What is their overall condition?
All of the assets are near new and well maintained.
Do any require repairing?
None require repairs at this stage.
How have they been valued ?
The assets have been value at fair market value estimated by the owner.
Which assets are on lease/HP and with whom?
The vehicles are all on HP agreements as is the printer.
What are their settlement amounts?
These will be disclosed at Due Dilligence.
Will Seller settle or Buyer to take over?
The buyer will take over these agreements as the payment of these vehicles is an ongoing expense to the business.
Are copies of agreements available?
Yes, copies of all agreements are available.
Are they presently insured?
Yes, all assets are insured.