What are the main assets of the business?
The main assets of the business are tools that are transported to site and a KIA 1.3 tonner which is used to convey the tools and materials to site.
Are any items not included in the sale?
The owner's personal effects are not included in the sale.
What is their overall condition?
All tools are maintained in safe working order.
Do any require repairing?
No major repairs are required.
How have they been valued ?
All assets have been valued at fair market value.
Which assets are on lease/HP and with whom?
The Kia 2.7 1.3 tonner is on HP.
The Ford Ranger is also on HP.
What are their settlement amounts?
Kia - R 216,000
Ford Ranger - R 226,000
Will Seller settle or Buyer to take over?
The buyer will take over the current HP agreements.
Are copies of agreements available?
A copy of all agreements is available.
Are they presently insured?
All assets are currently insured.