Is the business VAT Registered?
No, the business is not VAT registered.
What VAT documentation is on file?
There is no VAT documentation on file.
Are there up-to-date Management Accounts available?
Yes, there are up to date management accounts available for perusal to a serious buyer.
What Balance Sheet and Income Statements are available?
The current balance sheets and income statements are available independently for the past 7 month due to the reason that previously the business and its operational expenses and income were encumbered in the sellers other (Pty) enterprise and it only now for the past 7 months has been operating in its own CC.
What percentage of the business is cash/credit?
The business trades on a 15% cash basis and 85% account, of which such facility is selectively only available to certain of its long standing clients.
What is the age analysis of the debtors book?
The age analysis on the books of the 85% account clients is between 7 days and maxi mum of 30.
How could the profitability of the business be improved?
The profitability of the business can be improved by expanding the business client base through means of marketing and advertising , adding add on like tree cutting, pool cleaning, roof cleaning, driveway pressure washing and if the new owner is handy then the services of handy man. Target the smaller public residential homes and guest houses more aggressively. The business can also due to having 2x Kia Trucks offer the services of garden rubble removal and furniture removal. It can also trade on Saturdays.
Is Seller finance available and for what amount?
No, seller finance is not available.