Is the business VAT Registered?
Yes, the business is VAT registered.
What VAT documentation is on file?
Each bi-monthly return as requested by SARS
Are there up-to-date Management Accounts available?
Yes updated Management Accounts are available.
What Balance Sheet and Income Statements are available?
Annual financial Statements for period ending February 2016 and management accounts for period 1 March 2016 to 28 February 2017.
What percentage of the business is cash/credit?
50% deposit with booking and balance payable on day of event.
How could the profitability of the business be improved?
The self catering units can be increased and the main dwelling house can be converted into a guest house,
Is Seller finance available and for what amount?
The seller is prepared to establish a (Pty) Ltd and to sell shares in the business, or to sell the business as a going concern, or to sell the business on a staggered basis.
What is the ROI?
The return on Investment is 6 % which is excellent considering you stay on the premises.
Who is the bookkeeper/Accountant?