How does the business operate on a daily basis?
The business opens daily and owner and staff assist walk-in customers with their purchases. owner orders new and replacement stock as and when required

How are the clients attracted to the business?
By offering quality products and providing excellent customer service. This coupled with affordable prices means repeat business. They use Word of Mouth, social media and in store displays and marketing events to attract customers.

What Advertising/Marketing is carried out?
Social media
Word-of-mouth
In-store displays
Marketing events

Does the business have any contract work?
Not applicable

What competition exists?
There are no other similar stores in town

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Available to serious buyers

What percentage of the business is cash/credit?
All sales are wither cash or via card (credit or debit)

What is the age analysis of the debtors book?
No accounts offered

How could the profitability of the business be improved?
Introduce online sales

Is Seller finance available and for what amount?
No

What is the total staff complement?
2

Give a breakdown of staff/ functions/ length of service?
Cashier and floor assistant

Do any receive special perks or incentives?
No

Are they on contract?
Yes

Do any have management potential?
One staff member serves as manager

How involved is the Owner in running the business?
Owners are hands-on

Is there an option of renewal & what period?
Yes

What is the annual escalation %?
7%

What are the trading hours?
9:00 - 17:00

What is the square meters of the business?
180 square metres

Do you require a licence?
No

What lease deposit and/or other surety is required?
None

What are the main assets of the business?
Shelving, racks, computer, alarm and CCTV system

Are any items not included in the sale?
No

What is their overall condition?
Excellent condition

Do any require repairing?
No

Which assets are on lease/HP and with whom?
Nothing

Are they presently insured?
No insurance

Strengths?
Only shop of this nature in town
Good customer service
Good customer loyalty

Opportunities?
Increase online sales
More marketing

Threats?
None identified

What is the reason for the sale?
Other business interests

Why is this a good business?
Sales growth every year and increasing profits. No direct competition in the area with loyal customer base that keeps on growing. Be part of the community and supply quality products to the community