Fully describe the business's activities?
Second hand dealer and pawn shop
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 second hand goods to customers
How are the clients attracted to the business?
all walk in customers
What Advertising/Marketing is carried out?
Does the business have any contract work?
What competition exists?
various other shops in area
Is the business VAT Registered?
What percentage of the business is cash/credit?
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?
Cashier and general worker
Do any receive special perks or incentives?
Do any have management potential?
How involved is the Owner in running the business?
on a daily basis, open and close the shop
When does the current lease end?
Is there an option of renewal & what period?
What are the trading hours?
8 to 5
What is the square meters of the business?
Do you require a licence?
yes, to trade in second hand goods
What are the main assets of the business?
Are any items not included in the sale?
Entrance is on a busy street
Economy has impact on sales
What is the reason for the sale?
Owner wants to spend more time with other businesses.
Why is this a good business?
There is always a demand for second hand dealers
What is the price plus stock and the net profit?
R250 000 plus stock valued at R200000. Nett profit of R17 600pm
Annual Turnover Amount between R 500 thousand and R 6 million