Fully describe the business's activities?
This is an event and decor hire business that specialize in weddings. They also do all the flower arrangements for the event.
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Events are booked by clients for specific days. They then provide the contracted services on the specific day.
How are the clients attracted to the business?
Word of mouth and via a web site
What Advertising/Marketing is carried out?
google add words
Does the business have any contract work?
What competition exists?
There are various companies providing a similar service in gauteng
What are the seasonal trends?
no real trend
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?
only management accounts available - sole trader
What percentage of the business is cash/credit?
all eft payments
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
increase events per day
Is Seller finance available and for what amount?
What is the total staff complement?
2 + owner
Give a breakdown of staff/ functions/ length of service?
Lungile - 5yrs setup and stock control Cherity - cleaning and security
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?
When does the current lease end?
run from home
What is the square meters of the business?
2 x double garage
Do you require a licence?
What are the main assets of the business?
all the equipment used for the events. List available on request
Are any items not included in the sale?
What is their overall condition?
Do any require repairing?
How have they been valued ?
Which assets are on lease/HP and with whom?
Are they presently insured?
They provide excellent and quality service
they only do one event a day
increase invents per day
What is the reason for the sale?
Immigrating to UK
Why is this a good business?
They provide a quality service in the industry. They are well known by all the venues and have an excellent web site
What is the price plus stock and the net profit?
R3 150 000
Discover similar, inspiring businesses for sale
Annual Turnover Amount between R 500 thousand and R 6 million