Fully describe the business's activities?
Cleaning Persian, fitted, loos rugs and upholstery for cars, caravans, tents, chairs and aircraft seats
How long has the business been established?
How long has the owner had the business?
Owner started the business
How does the business operate on a daily basis?
How are the clients attracted to the business?
Word of mouth predominately and well known
What Advertising/Marketing is carried out?
In all the glossy magazines (Silver Lakes, Centurion Estates, Hazeldean, Irene Farm Village, Out of the horses mouth) Web Site
Does the business have any contract work?
What competition exists?
The normal for the industry
What are the seasonal trends?
Summer is the busy season with it being quieter in winter
Is the business VAT Registered?
What VAT documentation is on file?
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
Basically half half each for EFT and Cash
What is the age analysis of the debtors book?
Terms are COD
How could the profitability of the business be improved?
Advertising and marketing, drive Adwords and website improvements, by doing contract work (regular weekly, monthly, etc on a contract), doing Saturday cleaning work at offices and businesses
Is Seller finance available and for what amount?
What is the total staff complement?
Currently four staff members and the owner drives the vehicle, however over only two will be taken over, one is retiring and the other will not be continuing
Give a breakdown of staff/ functions/ length of service?
2 x cleaning of which one has a license (Discuss with seller ) 1 x Admin, bookkeeper, appointments, collections, mornings only - Is leaving 1 x Is leaving
Do any receive special perks or incentives?
13th Cheque December Uniform provided Daily food
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
Owner runs the business from home and buyer will have to relocate the business
What are the trading hours?
08:00 - 16:00 Monday to Friday (Staff are paid to 17:00)
What is the square meters of the business?
Single garage size for cleaning Place to hang carpets to dry, either in the garden if sunny or garage when it is wet
Do you require a licence?
What are the main assets of the business?
Will be supplied by the seller
Are any items not included in the sale?
All items included are on the asset register
What is their overall condition?
Do any require repairing?
Ongoing repairs and maintenance is performed
How have they been valued ?
Second hand value
Which assets are on lease/HP and with whom?
Are they presently insured?
Vehicle is insured
Been in business for 37 years Loyal client base Â±1,500 Very well known business Staff well trained and knowledgeable and honest
Lack of online advertising
Advertising on internet and Facebook Expand the are covered and number of teams Expand the services to home cleaning as well
What is the reason for the sale?
Why is this a good business?
Well established and known business with well trained staff and a solid customer base
Annual Turnover Amount between R 500 thousand and R 6 million