Fully describe the business's activities?
This business deals with windscreen repairs, windscreen replacements, windows, Aluminum frames, security gates, Electric motors for garage doors and gates.
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Mondays to Fridays 8am to 5pm, on Saturdays 8am to 1 pm
How are the clients attracted to the business?
This is a well established business with a good reputation. The current owners opened its door in 2001 and had it since. They are known for excellent service and walking the extra mile for their clients.
What Advertising/Marketing is carried out?
They are part of a National branded franchise. They are very involved with sponsored school sports days and fund raising events.. With their well known and established name, they focus a lot on giving back to the community.
What competition exists?
There are 2 competitors in town.
What are the seasonal trends?
November to January there is a decline, but very consistent the other months.
Is the business VAT Registered?
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
Balance sheet and management accounts are available on request during due diligence stages.
What percentage of the business is cash/credit?
80% eft and 20% Card
How could the profitability of the business be improved?
At the moment all the aluminum frames are being manufactured in a town 100km's away, this can be done in house with the space and staff already available. More emphasis can be put on the security doors and aluminum frames.
Is Seller finance available and for what amount?
What is the total staff complement?
8 Staff in total
Give a breakdown of staff/ functions/ length of service?
2 Reception ladies, 3 and 4 years of service... The one lady is a potential manager. 6 artisans
Are they on contract?
All permanent contracts yes
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
Year to year lease agreement
Is there an option of renewal & what period?
Yes and time limit to be negotiated with landlord.
What are the main assets of the business?
Vehicle, Tools & Equipment, Office furniture & Equipment, Staff
Are any items not included in the sale?
All as per assets register.
What is their overall condition?
Excellent, well kept & maintained.
Do any require repairing?
All in working condition.
How have they been valued ?
Current market related values.
Are they presently insured?
Yes, full comprehensive insurance in place.
Well established, staff well trained, good product offering, service excellence & high quality of product, services in demand.
Owner run business.
Placing a rep to call on existing and new clientelle.
No direct threats known of.
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