Is the business VAT Registered?
Yes t he business is VAT Registered.
What VAT documentation is on file?
All the necessary documents are on file, and will be available during the Due Diligence period.
Are there up-to-date Management Accounts available?
Management Accounts are available yes.
What Balance Sheet and Income Statements are available?
2015 - 2016 Complete.
What percentage of the business is cash/credit?
70% of the business is credit.
What is the age analysis of the debtors book?
Debtors book - 30 - 60 days.
How could the profitability of the business be improved?
Open a branch in Johannesburg.
Retail in a new Showroom.
More Reps on the road.
Is Seller finance available and for what amount?
No. But terms can be negotiated on the sale of the stock. The seller is willing to discuss this option, paid over 18 - 24 months.