Is the business VAT Registered?
The business is not VAT registered
Are there up-to-date Management Accounts available?
The seller has management accounts since take over to the last calendar month.
What Balance Sheet and Income Statements are available?
None as the owner has not completed a full year since take over yet.
What percentage of the business is cash/credit?
Business works on 100% cash.
How could the profitability of the business be improved?
Increased marketing to social media and flyers, will help to attract customers from outside of the mall. Also, consider to include a delivery service.
Is Seller finance available and for what amount?
No, the seller expects to be paid in full on the effective date.