BUSINESS AND ASSETS SOLDYORKSHIRE BASED ELECTRICAL WHOLESALER AND DISTRIBUTOR

We are seeking parties interested in the business and assets of an electrical wholesaler and distributor based in Yorkshire.

Key Features

•   Established electrical wholesaler and distributor providing an extensive range of products;
•   Based in Yorkshire;
•   Turnover for the 5 months ending 31 May 2020 £523k, Gross profit for 5 months ending 31 May 2020 £177k;
•   10 employees in the process of being reduced to 7 employees due to current circumstances; and
•   Relocation opportunity as business is currently based out of a related company’s premises.

Opportunity

•   Assets available for sale include:
•   Office furniture and equipment;
•   Plant and machinery;
•   Stock;
•   WIP/order book;
•   Motor Vehicle;
•   Goodwill.

Offers

•   Offers:
•   Offers sought by 17:00hrs on Wednesday 29 July 2020;
•   All interested parties will be required to sign a non-disclosure agreement; and
•   Proof of funding required.

Contact Details

Peter Herberts
Leonard Curtis
6th Floor
26 Park Row
Leeds
LS1 5JL
peter.herberts@leonardcurtis.co.uk