Fully describe the business's activities?
Outsources the manufacture of thermo plastic polymer crosses for graves. Markets the crosses to cemetries, undertakers, coffin manufacturers and direct to the public.
How long has the business been established?
How long has the owner had the business?
How are the clients attracted to the business?
Word of mouth and direct calling.
What Advertising/Marketing is carried out?
Does the business have any contract work?
What competition exists?
No competition in this type of product.
Is the business VAT Registered?
Are there up-to-date Management Accounts available?
The Owner has not prepared management accounts.
What Balance Sheet and Income Statements are available?
As the business is a sole proprietorship an Income Statement and Balance Sheet have not been produced.
What percentage of the business is cash/credit?
All cash/credit card
How could the profitability of the business be improved?
Develop a web site for on-line purchasing, advertising, employing an agent, engage in social media.
Is Seller finance available and for what amount?
What is the total staff complement?
Nil. The Owner handles the entire operation.
When does the current lease end?
There is no lease. The business can be conducted from a home base.
What are the trading hours?
No regular trading hours as the business at this stage is not open to the public.
Do you require a licence?
What are the main assets of the business?
The mould and jigs.
What is their overall condition?
Do any require repairing?
How have they been valued ?
By the Owner.
Which assets are on lease/HP and with whom?
Are they presently insured?
A unique long lasting inexpensive product, fully recyclable product.
The Owner's ill health.
This is a golden opportunity to acquire a mould to manufacture inexpensive crosses that have huge potential in a largely untapped market.
What is the reason for the sale?
Due to illness the Owner has not been capable of growing the business.
Why is this a good business?
There is huge potential to grow this business.
What is the price plus stock and the net profit?
The price is R350,000 including stock of R38,000.
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