Is the business VAT Registered?
What VAT documentation is on file?
All up to dat VAT documentation is on file.
Are there up-to-date Management Accounts available?
Yes, these will be made available to approved buyers.
What Balance Sheet and Income Statements are available?
2016 to 2018 Financial Statements are available .
What percentage of the business is cash/credit?
40% credit /accounts (Body Corporates )
How could the profitability of the business be improved?
The business can look at acquiring further shop space (presently available) and increase product offerings to include selling and mixing of paints. Regular advertising can be implemented to create more awareness of weekly/monthly specials .Targeting more of the retail and residential development sites in the surrounding areas .
Is Seller finance available and for what amount?