Is the business VAT Registered?
What VAT documentation is on file?
All documentation is available
Are there up-to-date Management Accounts available?
Yes, current management accounts
What Balance Sheet and Income Statements are 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?
By increasing client base. Two staff members has also left and dont need replacing and that will add at least R50,000 per month to the bottom line
Is Seller finance available and for what amount?
Yes, in line with selling accounting practices the seller will accept a 50% cash payment and subject to a proper hand over and turnover warranty the balance over a 12 month period to an APPROVED buyer. A structured deal will thus be considered.