For Sale - Brand and Sign Making Company

Leonard Curtis is urgently seeking interested parties with regards to the sale of the business and assets of a brand and sign making company

Key Features:

• Long established  business
• Based in the Midlands
• Nationwide coverage
• Blue chip customer base
• Turnover  - recent annual run rate c£6m but will reduce to c£2.5m going forward
• Book debts - c £1.8m but will reduce as cash is collected
• Plant and machinery – in-situ value of £380k
• Expert management team
• Highly skilled and experienced staff
• Currently 80 employees but will reduce to 31 shortly
• Leasehold premises

Opportunity:

• Assets available for sale include goodwill, book debts, business name, stock, plant and machinery, fixture and fittings and customer list.
• It is anticipated that due to the financial position of the Company, the purchase will be executed at the earliest opportunity.
• Final offers are sought by 5pm on 29 November 2016 with completion by 2 December 2016
• All interested parties will be requested to sign a non-disclosure agreement (“NDA”) and specifically deal with the proposed Joint Administrators, being Insolvency Practitioners of Leonard Curtis

 

Contact details:
Keith Turpin
Leonard Curtis
Tower 12
18/22 Bridge Street
Spinningfields
Manchester
M3 3BZ
Tel: 0161 831 9999
E-Mail:keith.turpin@leonardcurtis.co.uk