Is the business VAT Registered?
The business is not a registered VAT vendor yet.
Are there up-to-date Management Accounts available?
Management accounts up to end Feb. 2018 is available.
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
This is a 100% cash business. 60% credit/debit card payments and balance cash and as previously mentioned some clients
pay by Debit Order (R5 700 p.m.)
What is the age analysis of the debtors book?
No debtors, this is a cash business.
How could the profitability of the business be improved?
Expand on product and service offering by incorporating beauty treatments as well as anti-ageing and other, facial products.
Other professional services such as nails, waxings etc. The business could also look into offering a range of beachwear ie swimwear, sarongs, wraps, sandals, beach bags, towels, sun hats, sunglasses. Also to investigate the possibility of a mobile spray tan therapist that will go around to clients in the surrounding areas.
Is Seller finance available and for what amount?
The seller will not assist with vendor finance.
Who is the bookkeeper/Accountant?
Equate Acccounting Services.