Fully describe the business's activities?
Paper and Plastic Recyclers and Scrap Metal Traders
How long has the business been established?
How does the business operate on a daily basis?
Buying of Plastic, Paper and Scrap Metals at recycling Yard, then on-selling to recycling trade
How are the clients attracted to the business?
Word of Mouth
What Advertising/Marketing is carried out?
Does the business have any contract work?
Regular relationships that were built over an extended period of time
What competition exists?
There are other players in the market, yet the liquidity of this business is stronger
What are the seasonal trends?
Is the business VAT Registered?
What VAT documentation is on file?
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
2019 - 2021
What percentage of the business is cash/credit?
All cash business
What is the total staff complement?
How involved is the Owner in running the business?
When does the current lease end?
Premises is owned and part of transaction
What is the square meters of the business?
Yard approx 6,874 squares with warehouse at 1,000 squares and offices at 200 squares
What are the main assets of the business?
Buildings, property, scales, trucks, safes
Are any items not included in the sale?
One large safe that will be pointed out
What is their overall condition?
All in working condition
How have they been valued ?
Owner estimated used replacement value
Long history and liquidity
This business requires absolute hands-on approach
A team such as Father and Sons that can drive the business aggressively can easily increase the constant cash revenues further
What is the reason for the sale?
Why is this a good business?
Great cashflow with opportunity for growth
What is the price plus stock and the profit?
Four million four hundred thousand for business, assets and property
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Annual Turnover Amount between R 500 thousand and R 6 million