Fully describe the business's activities?
Design and manufacturer of custom presentation packaging, files and coffee table books. Finishing to the print industry and designing gift box solutions to the retail industry.
How long has the business been established?
How long has the owner had the business?
What steps are in place to solve 'load shedding' problems?
What is the average KW usage?
How does the business operate on a daily basis?
Prep for orders are done in the morning, orders are then completed to meet deadlines. Manufacturing continues after hours if needed.
How are the clients attracted to the business?
What Advertising/Marketing is carried out?
None, all word of mouth currently.
Does the business have any contract work?
What competition exists?
No other business offers the spectrum of work.
What are the seasonal trends?
Constant trading throughout the year with considerable increase in the last quarter.
Is the business VAT Registered?
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
Year end 2019.
What percentage of the business is cash/credit?
90% COD, 3 accounts pay month end.
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
Expansion of product range. Active marketing strategy.
Is Seller finance available and for what amount?
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
Produce customer orders from start to finish.
Do any receive special perks or incentives?
Transport and food provided if overtime is worked.
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
What are the trading hours?
7:30am to 4pm
What is the square meters of the business?
Who is the Owner/Landlord?
Seller, business operates from her home.
What are the main assets of the business?
Asset list available.
What is their overall condition?
Good working condition.
Do any require repairing?
How have they been valued ?
Owner valuated. Market related replacement value.
Which assets are on lease/HP and with whom?
What are their settlement amounts?
Will Seller settle or Buyer to take over?
Are they presently insured?
Quick turn around time. Low volume orders can be fulfilled. COD clients. Low production costs. Skilled and motivated staff.
Lack of marketing.
Marketing strategy. Web page Social media strategy. New product expansion.
Niche market, no perceived threats
What is the reason for the sale?
Why is this a good business?
Established business with strong market position. Large scope for expansion and increased profitability. Business poised to grow.
What is the price plus stock and the profit?
R770 000 excluding stock of R25 000.
Annual Turnover Amount between R 500 thousand and R 6 million