BUSINESS AND ASSETS SOLDRoad Services Company

The proposed Joint Administrators are seeking parties interested in the business and assets, and goodwill of a Company that trades as a Road Services Company

Key Features

•   Plant & Machinery, Vehicles, Premises.
•   Physical Assets include lining vehicles and management motor vehicles
•   Trades from freehold premises in the North West
•   The property comprises a 20,300 sq/ft surfaced yard (0.46 acre) with a 2,500 sq/ft garage unit

Opportunity

•   A director owned and managed company specialising in Road Services.
•   Service provider to the public and private sector, delivering road markings, specialist surfacing, temporary traffic management and soft estate maintenance.
•   Current turnover £3.55m

Offers

•   A sale of the business is expected to be completed imminently.
•   Expressions of interest are required by 12:00 noon on Thursday 11th October 2022 with a view to completion shortly thereafter
•   All interested parties will be required to sign a non-disclosure agreement
•   We reserve the right to close the bidding early or extend the deadline, without liability or advance notice.
•   Proof of funding is required in due course.

Contact Details

Steve
Jordan
Cerberus Asset Management
steve.jordan@cerberus-group.com