Is the business VAT Registered?
What VAT documentation is on file?
Are there up-to-date Management Accounts available?
Records of all income on rentals is available for due diligence
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
No credit given
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
By using personal contacts to offer friends and business associates the opportunity to experience a weekend at the Vaal Dam in luxurious surroundings.
Could be offered as an incentive "weekend get away" to employees for performing well and rewarding their achievements, thereby creating more profits in ones primary business.
Is Seller finance available and for what amount?
Bond finance will be available, subject to buyers credit rating
How could the income of the property be increased?
By expanding the advertising exposure through social media, Facebook etc to all buyers existing contacts.
What is the monthly rates and taxes payable to local authority?
As two sectional title units the levies are R1600/unit and R350/unit rates, so approximately R3900/month.
What rental deposit has been secured from the tenants?