| History Background |
| Fully describe the business's activities? | Hiring of Videos, Series, and Playstation DVD's | |
| How long has the business been established? | Business is 30 years old and moved to a new shopping centre 10 years ago | |
| How long has the owner had the business? | The owner has had the business for the last 7 years | |
| Present Market |
| How does the business operate on a daily basis? | Operates with manager and contract staff 7 days a week | |
| How are the clients attracted to the business? | Walk in clients from surrounding area and centre | |
| What Advertising/Marketing is carried out? | School promotions and specials in conjunction with other centre businesses | |
| Does the business have any contract work? | They do offer DVD contracts | |
| What competition exists? | Other video stores are situated in the town | |
| What are the seasonal trends? | School holidays and Christmas are the best times | |
| Financial |
| Is the business VAT Registered? | Yes, business is vat registered | |
| What VAT documentation is on file.? | Yes, vat documents are available | |
| Are there up-to-date Management Accounts available? | To serious buyers | |
| What Balance Sheet and Income Statements are available? | Year ending 2009 will shortly be available | |
| What percentage of of the business is cash/credit? | 100% Cash/Credit Card | |
| How could the profitability of the business be improved? | They currently offer Sweets & Cold drinks but can expand to cigarettes, biltong and popcorn | |
| Is Seller finance available and for what amount? | Possibly | |
| Staffing |
| What is the total staff complement? | One Manager and 2 temps | |
| Give a breakdown of staff/functions/length of service? | See above | |
| Do any receive special perks or incentives? | No perks are in place | |
| Are they on contract? | Yes, staff are on contract | |
| How involved is the Owner in running the business? | Runs the branch remotely | |
| Premises |
| When does the current lease end? | Lease has just been renewed | |
| Is there an option of renewal & what period? | 5 year renewal | |
| What is the annual escalation %? | 10% annual escalation | |
| What are the trading hours? | 10.00am - 8.00pm | |
| What is the square meterage of the business? | 125sm | |
| Is a copy of the lease available? | Yes, copy of the lease is available | |
| Do you require a licence? | No but must register | |
| Assets |
| Is a full asset list on file? | To be finalised shortly | |
| Are any items not included in the sale? | No items will be excluded | |
| What is their overall condition? | Good - recently replaced all the shelving | |
| Do any require repairing? | None require repairing | |
| How have they been valued. ? | Owners Valuation | |
| Which assets are on lease/HP and with whom? | No assets are on lease / HP | |
| Are they presently insured? | Yes, assets are insured | |
| S.W.O.T. Analysis |
| Strengths? | Provides not only DVD's but also series and classics. Situated in good area and shopping centre with easy access and parking | |
| Weaknesses? | None perceived | |
| Reason For Sale |
| What is the reason for the sale? | Owner has to many stores to manage successfully - requires funding for other branches | |
| Conclusion |
| Why is this a good business? | Cash business | |
| What is the price plus stock and the net profit? | R90,000 plus stock of at least R400,000. Net profit just over R21,000. | |