Fully describe the business's activities?
Small shop on a busy corner selling liquor to people who walk in as well as bulk sales
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Sell to people who walk into the shop on a daily basis
How are the clients attracted to the business?
Advertising boards on the shopfront
What Advertising/Marketing is carried out?
Does the business have any contract work?
What competition exists?
There are many liquor stores
What are the seasonal trends?
Holidays and December are very busy
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
What is the age analysis of the debtors book?
no debtors book
How could the profitability of the business be improved?
Is Seller finance available and for what amount?
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
Manager 2 x cashier 2 x packers
Do any receive special perks or incentives?
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
Oversee on regular basis
When does the current lease end?
Is there an option of renewal & what period?
yes , negotiable with landlord
What is the annual escalation %?
What are the trading hours?
8 to 7
Who is the Owner/Landlord?
Is a copy of the lease available?
Do you require a licence?
yes liquor license
What lease deposit and/or other surety is required?
months rental and electricity
What are the main assets of the business?
forklift, shelves, computer equipment
Are any items not included in the sale?
fridges from suppliers
What is their overall condition?
Do any require repairing?
no, just normal maintenance
How have they been valued ?
Which assets are on lease/HP and with whom?
What are their settlement amounts?
Will Seller settle or Buyer to take over?
Are they presently insured?
Business is on a busy intersection
Need liquor license to operate to regulations
Bulk supply to pups
What is the reason for the sale?
Owners do not have the time to spend at the business
Why is this a good business?
Good turnover, busy corner, and new development in area
What is the price plus stock and the net profit?
R1 050 000
Discover similar, inspiring businesses for sale
Annual Turnover Amount between R 500 thousand and R 6 million