BUSINESS AND ASSETS SOLD – BUSINESS FOR SALE – ELECTRICAL GOODS WHOLESALER
The proposed Joint Administrators are seeking parties interested in the business and assets of a company that trades as an electrical goods wholesaler. The business operates credit accounts with clients, as well as trade counters.
•
|
Based in Midlands
|
•
|
Current turnover c.£1.5m per annum
|
•
|
8 employees
|
•
|
Trades from 2 leasehold premises
|
•
|
Assets available for sale include:
|
•
|
Goodwill;
|
•
|
Debtors (encumbered);
|
•
|
Plant & Machinery;
|
•
|
Office Furniture and Equipment; and
|
•
|
Stock – likely subject to significant Retention of Title claims.
|
•
|
Indicative offers are required by 10:00a.m on Friday 22 March 2024 with a view to completion shortly thereafter.
|
•
|
All interested parties will be required to sign a non-disclosure agreement.
|
•
|
Proof of funding required.
|
Leonard Curtis Manchester
|
Riverside House
|
Irwell Street
|
Manchester
|
M3 3EN
|
sidhra.qadoos@leonardcurtis.co.uk
|
0161 831 9999
|