Fully describe the business's activities?
Franchised Liquor Store
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
How are the clients attracted to the business?
The business is a well established local bottle store
What Advertising/Marketing is carried out?
Does the business have any contract work?
What competition exists?
There are other Liquor stores in the town
What are the seasonal trends?
Busy over April/May and November/December January/February are traditionally the quiet months
Is the business VAT Registered?
What VAT documentation is on file?
Are there up-to-date Management Accounts available?
What percentage of the business is cash/credit?
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
More attention from owner
Is Seller finance available and for what amount?
What is the total staff complement?
Two full time and one Casual
Give a breakdown of staff/ functions/ length of service?
Manager - One year Cashier - 15 Months
Do any receive special perks or incentives?
Bonus if sales over R350,000 per month is achieved
Are they on contract?
Do any have management potential?
Yes in place
How involved is the Owner in running the business?
Minimal, opens and closes once per week
When does the current lease end?
Is there an option of renewal & what period?
Yes 5 Years depending on landlord
What is the annual escalation %?
What are the trading hours?
10:00 - 20:00 Monday to Friday (Liquor license allows 8am open) 09:00 - 20:00 Saturday (Liquor license allows 8am open) 09:00 -15:30 Sunday
What is the square meters of the business?
Is a copy of the lease available?
Do you require a licence?
yes, license to be transferred
What are the main assets of the business?
See asset list
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?
Well established Loyal clients
Low income area
Deliveries Open at 8am
What is the reason for the sale?
Wishes to use capital in another business
Why is this a good business?
Discover similar, inspiring businesses for sale
Annual Turnover Amount between R 500 thousand and R 6 million