Fully describe the business's activities?
Provider of funeral and cremation services
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
They have policy holders with current income stream of R40 000 a month Walk in business Selling tombstones W.O.R plaque sales
How are the clients attracted to the business?
Facebook Advertising Word of mouth
What Advertising/Marketing is carried out?
Social media and advertising
Does the business have any contract work?
yes have agreement with some churches and organisations. Policy holders
What competition exists?
There are businesses providing similar services in the area
What are the seasonal trends?
Winter time is high season
Is the business VAT Registered?
Are there up-to-date Management Accounts available?
yes only for serious buyers
What is the age analysis of the debtors book?
No debtors book
What is the total staff complement?
Do any receive special perks or incentives?
Are they on contract?
not all on contract
Do any have management potential?
How involved is the Owner in running the business?
Owner is 100% involved on a daily basis
When does the current lease end?
month to month
What are the trading hours?
8h00 to 16h00
What is the square meters of the business?
Do you require a licence?
Competence certificate every 2 years. In name of the CC
What are the main assets of the business?
Vehicles, trailer, furniture, grave equipment Policy book
What is their overall condition?
been kept in very good condition
Which assets are on lease/HP and with whom?
What are their settlement amounts?
3 month notice
Will Seller settle or Buyer to take over?
Buyer to end lease or re-negotiate as lease is at end of period.
What is the reason for the sale?
Owner want to retire
Why is this a good business?
This is an essential service that everybody needs They have a policy book worth R40k a month
What is the price plus stock and the profit?
Asking R1 000 000
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