Is there an asset list on file and what is the condition of the assets?
The assets of the business are in a good working order. There is a full asset list on file and available for perusal by an interested buyer .The assets as listed on the asset list are all fully paid for and are the unencumbered property of the seller. Only the assets on the asset list are included in the sale and purchase price of the business. The assets are insured. The ice machine is a new asset the seller purchased when he purchased the business. Amongst the asset are 3 delivery vehicles, 3 trailers, shelving, fridges, freezers, ice machine, forklift security system, and point of sales system. There are certain fridges which belong to various suppliers which are not included in the sale of the business; these will not appear on the asset list. The landlord of the premises has supplied a generator in the complex for use during load shedding. He merely ask that the users pay for the fuel.