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.
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Based in Midlands
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Current turnover c.£1.5m per annum
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8 employees
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Trades from 2 leasehold premises
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Assets available for sale include:
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Goodwill;
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Debtors (encumbered);
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Plant & Machinery;
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Office Furniture and Equipment; and
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Stock – likely subject to significant Retention of Title claims.
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Indicative offers are required by 10:00a.m on Friday 22 March 2024 with a view to completion shortly thereafter.
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All interested parties will be required to sign a non-disclosure agreement.
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Proof of funding required.
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Leonard Curtis Manchester
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Riverside House
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Irwell Street
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Manchester
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M3 3EN
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0161 831 9999
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sidhra.qadoos@leonardcurtis.co.uk