Fully describe the business's activities?
Pool Maintenance, monthly and weekly services and pool shop.
How long has the business been established?
19 years
How long has the owner had the business?
19 years
How does the business operate on a daily basis?
Pool shop retails products and teams go out to repair and do services
How are the clients attracted to the business?
Word of mouth, adverts and repeat business
What Advertising/Marketing is carried out?
Facebook and Instagram
Does the business have any contract work?
Yes
What competition exists?
Another pool shop in the area.
What are the seasonal trends?
Summer months are busy, winter months less busy.
Is the business VAT Registered?
Yes
Are there up-to-date Management Accounts available?
Yes
What Balance Sheet and Income Statements are available?
AFS25
What is the total staff complement?
11
Do any receive special perks or incentives?
Business aims to give performance/ Xmas bonuses.
Paid a mid year bonus of one weeks salary, and Xmas bonus would be a '13th cheque'.
Do any have management potential?
Yes
Do they have signed employment contracts?
Yes
When does the current lease end?
No lease - seller open to a long-term lease
Is there an option of renewal & what period?
Yes, to be confirmed
What is the annual escalation %?
To be confirmed
What are the trading hours?
To be negotiated
What is the square meters of the business?
About 200sqm plus an old storeroom about the size of a double garage
What lease deposit and/or other surety is required?
Personal surety required.
One month's rent as deposit.
What are the main assets of the business?
Equipment, Furniture, Vehicles
What is their overall condition?
Good
Do any require repairing?
No
Are they presently insured?
Yes
Annual Turnover Amount between R 500 thousand and R 6 million