Fully describe the business's activities?
Well established 3@1 business service centre in major mall. Although family run 3 other staff are employed. Full range of business sevices offered, together with sale of products that support businesses.
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Business will use the centre for a variety of business services. Business also supports the printing of school projects, tender documents, making of copies etc.
How are the clients attracted to the business?
Word of mouth, facebook, advertising in the mall, repeat customers
Does the business have any contract work?
What competition exists?
There are other competitors however the business is so well established these are not an immediate threat
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?
Cash 38%, card 53% debtors 9&
What is the age analysis of the debtors book?
30 days and a small contributor
How could the profitability of the business be improved?
Extend the services offered
What is the total staff complement?
3 plus a casual and owners
How involved is the Owner in running the business?
When does the current lease end?
Is there an option of renewal & what period?
What is the annual escalation %?
What are the trading hours?
Mon - Thurs 9-7; Fr 9-9, Sat 9-7, Sun 9-5
What is the square meters of the business?
Is a copy of the lease available?
Do you require a licence?
What lease deposit and/or other surety is required?
What are the main assets of the business?
Operating equipments, copiers, pc's, motor vehicle
Well established business, a franchise, loyal customers, trained staff, clients also tenants of the mall, new equipment, genrators
Needs new energy
Outsource large printing, re-start postal services, introduce new services
Oversaturation of business, economy, price undercutting
What is the reason for the sale?
Owners are retiring
Why is this a good business?
Well established, trained staff, good customer base, loaction
What is the price plus stock and the profit?
R1,250 all in
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