Is the business VAT Registered?
What VAT documentation is on file?
Yes, current and available.
Are there up-to-date Management Accounts available?
What percentage of the business is cash/credit?
Terms of 30 days
What is the age analysis of the debtors book?
30 â 60 days â about R500,000 debtors book
How could the profitability of the business be improved?
More clients should be added.
Is Seller finance available and for what amount?
Yes, in line with selling accounting practices the seller will accept a 60% cash payment and subject to a proper hand over and turnover warranty the balance over a 12 month period to an APPROVED buyer. A structured deal will thus be considered. Please note the seller is emigrating and a fast handover will take place.