Fully describe the business's activities?
Novelty cakes ,cupcake and birthday cake bakery. Work from home
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Bake one layer, picture transfer, cupcakes and deliver Mon to Fri
How are the clients attracted to the business?
Word of mouth, repeat business and internet
What Advertising/Marketing is carried out?
google ads, magazines
Does the business have any contract work?
What competition exists?
There are other businesses in the area baking cakes
What are the seasonal trends?
16 Dec to 6Jan is quiet
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?
Only 2 customers pays on 30 day account rest is cash
How could the profitability of the business be improved?
Is Seller finance available and for what amount?
What is the payback period?
What is the ROI?
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
Both bake and decorate
Do any receive special perks or incentives?
Bonus in December
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
work from home
What are the trading hours?
Do you require a licence?
Only health certificate
What are the main assets of the business?
Ovens and baking equipment
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?
Good product well priced with repeat cliental
not al long shelf life
Additional marketing to part venues and shopping centres
What is the reason for the sale?
Owner has time constrains and can not be involved on a full time basis.
Why is this a good business?
Excellent product with loyal clients. Business is known in the industry for their quality service
What is the price plus stock and the net profit?
Price R850000 Profit R285 000
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