Fully describe the business's activities?
Fast Food - fish & chips franchise
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Fast food business with take away sales and also seating . They servicing mostly walk in customers on daily basis with fish and chips
How are the clients attracted to the business?
Monthly specials and Fanchisor's advertising
What Advertising/Marketing is carried out?
Head office promo in newspapers
Does the business have any contract work?
What competition exists?
Nando's around corner.
What are the seasonal trends?
Up trend in winter times
Is the business VAT Registered?
What VAT documentation is on file?
Available on request
Are there up-to-date Management Accounts available?
Yes available on request
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
by entering into contracts with schools
Is Seller finance available and for what amount?
What is the ROI?
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
4 x catering assistants 1 x Supervisor
Do any receive special perks or incentives?
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
What are the trading hours?
9h00 to 20h30
What is the square meters of the business?
Do you require a licence?
What are the main assets of the business?
Fryers, freezers, icecream machine, fridges, cameras, tables, shelves, pos
Are any items not included in the sale?
What is their overall condition?
Do any require repairing?
How have they been valued ?
Which assets are on lease/HP and with whom?
What are their settlement amounts?
Will Seller settle or Buyer to take over?
Are copies of agreements available?
Are they presently insured?
Well located, affordable food, high fot trafic
high staff turnover
More aggressive marketing
What is the reason for the sale?
Owners to pursue other business interest
Why is this a good business?
Well established business at the entrance to a busy mall.
What is the price plus stock and the net profit?
R550 000 plus stock of R20000. Nett income of R220 000
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