How does the business operate on a daily basis?
The owner currently has a staff member ( a family member ) running the business.
Vehicles are being repaired as they come in.
Competent staff is in place.

How are the clients attracted to the business?
Facebook marketing
Google
Word of mouth

What Advertising/Marketing is carried out?
Facebook
Flyer drops

What competition exists?
Other Autbody shops.

Are there up-to-date Management Accounts available?
Yes - as the current owner had the business for less than a year, management accounts but no Financials is available.

What is the age analysis of the debtors book?
No debtors as all business is cash

How could the profitability of the business be improved?
Owner to be more hands on

What is the total staff complement?
4 plus owner

Give a breakdown of staff/ functions/ length of service?
Spraypainter
Panelbeater
Polisher
Bodyshop

How involved is the Owner in running the business?
The owner had a Manager but moved her to his other business.

When does the current lease end?
Currently a month to month lease is in place.

Is there an option of renewal & what period?
Yes

What are the trading hours?
Mon to friday 8 to 5

What is the square meters of the business?
200sqm

Is a copy of the lease available?
Yes

What lease deposit and/or other surety is required?
Lease deposit was R22 000

What are the main assets of the business?
Goodwill
Spraybooth
Some tools

What is their overall condition?
Good

How have they been valued ?
Fairmarket second hand value

Are they presently insured?
Yes

Strengths?
Only autobody shop in the area
Competitive Pricing

Weaknesses?
Not approved for insurance - can grow by registering with Insurance Houses

Opportunities?
Insurance approvals

What is the reason for the sale?
The owner is emmigrating

Why is this a good business?
Always damaged cars to repair