Is the business VAT Registered?
Yes, the seller is VAT registered.
What VAT documentation is on file?
Only a few months as the seller has not owned the business long.
Are there up-to-date Management Accounts available?
Contact seller to arrange the management accounts.
What Balance Sheet and Income Statements are available?
None of the above are available.
What percentage of the business is cash/credit?
Mostly the business operates cash.
What is the age analysis of the debtors book?
Seller has only the business for 18 months.
How could the profitability of the business be improved?
Prospective buyer will need to operate his/her business and limit expenses. Have specials on a daily basis to draw customers to the bar, especially on weekends.
Is Seller finance available and for what amount?
Seller will negotiate with the prospective buyer.
What is the payback period?
Who is the bookkeeper/Accountant?