Is the business VAT Registered?
Yes, the business is vat registered.
What VAT documentation is on file?
Vat 201 returns are available.
Are there up-to-date Management Accounts available?
Detailed management accounts are available.
What Balance Sheet and Income Statements are available?
Financial statements are available for several previous years.
What percentage of the business is cash/credit?
No credit is transactions are carried out , only cash sales are done.
How could the profitability of the business be improved?
Effective marketing will increase the profits.
a Sales Rep can market the business to wholesale clients in the area surrounding the town, as many shebeens and informal settlements exist in the area.
Some suppliers to the business give discounts on purchases if the outstanding account is settled on the day of delivery, by investing approximately R 300 000-00 the new owner can take advantage of these Settlement Discounts from suppliers.
Is Seller finance available and for what amount?
Yes, the current owner would be willing to negotiate the terms of the sale.