BUSINESS AND ASSETS SOLDProject Foxglove

Project Foxglove is an opportunity to acquire the Trade and Assets of a specialist commercial cleaning and window cleaning provider based within the Greater Manchester region, servicing a wide range of clients nationwide

Key Features

•   Commenced trading in 2009. The Company head office operation trade from a leasehold premises, located in the North West.
•   The Company provides full scope industrial cleaning, however, has a strong focus providing services to the education sector nationally.
•   Customer focused, able to tailor services required for specific customer needs and requirements.
•   Highly knowledgeable and experienced workforce (166 staff in total, 4 office and 162 cleaning staff).
•   Assets include customer contracts, work in progress, eight motor vehicles, plant and machinery and office and IT equipment, further information of which will be provided upon the signing of a non-disclosure agreement.
•   Turnover: Filed Accounts y/e December 2022 - £3m; y/e December 2021 - £2.3m
•   Gross profit/(loss): y/e 2022 – (£11k); y/e 2021 - £27k.

Offers

•   Indicative offers are required by 4pm on 4 April 2024, with a sale concluded by no later than the close of business on 11 April 2024 and therefore only parties that are able to work within this time frame should respond. We reserve the right to close the bidding early or extend the deadline, without liability or advance notice.
•   All interested parties will be required to sign a non-disclosure agreement. Upon the completion of a signed non-disclosure agreement a sales pack and information memorandum will be provided.
•   If you would like further information on this opportunity through access to a data room under a non-disclosure agreement, then please contact jo.booth@cerberus-group.com; chris.pickles@cerberus-group.com

Contact Details

Cerberus Receivables Management
chris.pickles@cerberus-group.com
jo.booth@cerberus-group.com