What are the main assets of the business?
There is a huge number of things that make out the main assets of the business including vehicles, tents, structures and equipment as well as crockery and cutlery.
Are any items not included in the sale?
Everything on the asset list forms part of the sale.
What is their overall condition?
The assets are in very good condition and in great working order.
Do any require repairing?
NO, the seller will ensure everything will be in good working order upon transfer of the business.
How have they been valued ?
We have not estimated a correct current value but the replacement value equates to +/-R12.5 Mil.
Which assets are on lease/HP and with whom?
There is a lease agreement on a copier but the seller will settle it.
Are they presently insured?
All aspects of the business is insured.