Casemap

sellers - Our service to you:

• Meet with Seller at the business
• Draw up full report on business
• Provide market related valuation on business
• Obtain mandate to sell business
• Discreet advertising in local newspapers and web
• Source and screen qualified buyers – protect confidentiality of business
• Introduce buyers to business
• Draw up legal agreements
• Secured deposit in an Audited Trust Account.
• Provide due diligence advice!

Factors for Seller to consider

• You are in competition with all other businesses for sale within your profit range
• The provable net profit will determine the selling price
• Overprice it and it will not sell
• The longer it is on the market, the less chance of getting your price
• Cash buyers are like hen’s teeth – but less common
• You may need to consider terms, but we manage that expectation for you.
• Provable figures are essential for a buyer to raise finance against the assets.

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Documents needed to sell your business:

• Verified monthly turnover figures and VAT returns for 12 months plus latest financials
• Breakdown of monthly expenses
• List of assets with valuations
• Copy of the lease of premises

List of staff, salaries, services, contracts etc.

The more information you provide increases your chances of the best price!

buyers - Our service to you:

• Wide selection of businesses
• Provide you with business details as per your criteria
• Set up meetings to view businesses and meet with sellers
• Assist in obtaining information
• Draw up legal documentation
• Obtain 10% deposit from buyer
• Provide due diligence advice.

factors for the buyer to consider

• Type of business – Does it fit your capabilities?
• Lease of Premises is of utmost importance – Remember – no lease no business.
• Net Profit – Can it be proven and how.
• Stock – Must be at cost, be careful of old obsolete stock

factors for the buyer to consider

• Price – How is it determined – what’s included
• Debtors and Creditors – Examine age analysis and bad debts.
  Seller to collect and settle or not
• Reason for selling – Genuine or is there a problem?
  External Factors – Could affect business, road changes, new centres, etc.

where to go for finance

BANKS
Banks won’t lend on you – they lend on your security & collateral.
Banks require the following:

• That you have the experience to run the business
• That you have +50% cash deposit
• That you have  unencumbered security to cover the balance, ie. Property.

where to go for finance

• That the net profit from the business can repay the loan and provide you with a liveable income
• That the net profit is provable
• That the financials are audited
• That the assets of the business are fairly valued
• That you have a sound business plan
• That you have a projected cash flow.