Fully describe the business's activities?
Opening the factory Prepare raw materials for the production Start production Loading the vans for deliveries Attend to office administration
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?
Generator for single fase production 90% capasity
What is the average KW usage?
How are the clients attracted to the business?
Word of mouth only
What Advertising/Marketing is carried out?
Word of mouth
Does the business have any contract work?
What competition exists?
Cant beat our prices
What are the seasonal trends?
Jan slow Pick up April to the end of year
How did the Covid-19 pandemic impact the business turnover / daily operations?
We actually grow over the period Only hard lockdown effeckt us
What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Complianed to Covid regulations
Is the business VAT Registered?
What VAT documentation is on file?
Vat is paid to date
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
Last being 2021
What percentage of the business is cash/credit?
70 Cash 30 Credit
What is the age analysis of the debtors book?
No accounts in arrears
How could the profitability of the business be improved?
Is Seller finance available and for what amount?
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
1 Driver/ supervisor 1 Supervisor 19 factory staff
Do any receive special perks or incentives?
Bonus for supervisor two weekly owners discrecion
Are they on contract?
All on contract
Do any have management potential?
How involved is the Owner in running the business?
100% Hands on
When does the current lease end?
Owner owns building willing to extend a five year lease or with the option to buy the business
Is there an option of renewal & what period?
Yes for 5 years
What is the annual escalation %?
What are the trading hours?
Mon to Thursday 07:15 to 16:30 Friday 07:00 to 15:00
What is the square meters of the business?
940 square meters
Do you require a licence?
Certificate of acceptability
What lease deposit and/or other surety is required?
Two months lease deposit
What are the main assets of the business?
Candy making and Packiing masjiens
What is their overall condition?
Good working order
Do any require repairing?
Only one Minor repair Redandent ut the moment
How have they been valued ?
Which assets are on lease/HP and with whom?
Are they presently insured?
Cost effective production with a focus on minimal waist. Staff highly productive and well disiplined Exceptional customer service
Not strong on E-marketing Reliant on Word of mouth sales Space for more automation
Sell to match current production rate. Huge untapped market oppertunities
Hard lock down
What is the reason for the sale?
Why is this a good business?
Strong and loyal customer base Profitable business for over 20 years Cost-effective operation Opportunity to double the business Strong opportunities to export to rest of Africa
What is the price plus stock and the profit?
Price of business R 5 900 000 Stock R 370 000 Buiding is available at R 2 750 000
Annual Turnover Amount between R 500 thousand and R 6 million