What are the main assets of the business?
Cook School Equipment.
Citroen 19 Seater, Datsun 7 Seater, Nissan 16 Seater.
Copier (leased), Desk Top PC and Router.
TV , Teljou rent to own, DVD Player, Home Theatre, Amplifyer.
Are any items not included in the sale?
I.P. Ownership of Edu Systems, Operating Systems. The new owner will have full use of these systems and manuals on a free basis in perpetuity.
What is their overall condition?
New and functional.
Do any require repairing?
How have they been valued ?
Which assets are on lease/HP and with whom?
Citroen 19 Seater Financed. Datsun Financed. Nissan Financed Copier Leased.
TV Teljoy rent to own. Router Mweb, Telkom ADSL
What are their settlement amounts?
Citroen 19 Seater to be sold and this would reduce costs by R6000 per month. This vehicle has been replaced by new Datsun go plus and Nissan. Nissan Brand New. Datsun Brand New.
Will Seller settle or Buyer to take over?
Buyer to take over over all leases over and above the asking price.
Are copies of agreements available?
Yes for approved buyers
Are they presently insured?
All majr assets and the motor vehicles are insured.