Performing Due Diligence When Buying Bottle Shop
If you're thinking of buying a Bottle Shop in St Kilda East , there are several things you should do before making an offer. The buyer's due diligence checklist is different than the seller's because buyers are more likely to negotiate on price and terms. Here are some things to consider: Look at the premises When you're conducting a due diligence inspection of a bottle shop, there are three things to look at: the building itself, its location and the surrounding area. The premises should be in a good location - one that's well-lit, with plenty of parking and accessible by customers and delivery vehicles. The premises should be well maintained - with clean floors, walls and windows throughout; no graffiti on any part of the building (inside or out); working smoke alarms; all fire exits clear; no rubbish lying around in or near the bottle shop; no visible pests such as cockroaches or flies; internal fittings such as refrigerators are clean inside and out; all