BUSINESS AND ASSETS SOLDBUSINESS 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.

Key Features

•   Based in Midlands
•   Current turnover c.£1.5m per annum
•   8 employees
•   Trades from 2 leasehold premises

Opportunity

•   Assets available for sale include:
•   Goodwill;
•   Debtors (encumbered);
•   Plant & Machinery;
•   Office Furniture and Equipment; and
•   Stock – likely subject to significant Retention of Title claims.

Offers

•   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.

Contact Details

Leonard Curtis Manchester
Riverside House
Irwell Street
Manchester
M3 3EN
0161 831 9999
sidhra.qadoos@leonardcurtis.co.uk