BUSINESS AND ASSETS FOR SALEProject Pine

Project Pine is an opportunity to acquire the trade and assets of a commercial joinery installation company, based in Yorkshire.

Key Features

•   The Company was established approximately nine years ago and operates from a leasehold premises, located within the Yorkshire region
•   The Company provides a wide range of joinery installations, specialising in the hospitality sector.
•   Client focused, able to tailor services required for specific client needs and requirements.
•   Highly knowledgeable and experienced workforce (7 staff).
•   Tenders out on multiple projects.
•   Turnover for: y/e March 2024 - £4.4m; 9 months p/e March 2023 - £3.2m; y/e June 2022 - £1.5m
•   Net profit after tax: y/e March 2024 - £35k; 9 months p/e March 2023 - £9k; y/e June 2022 - £8k
•   Assets include The Company’s Interest in: Office and IT Equipment, Motor Vehicles, and Debtor Ledger

Offers

•   Indicative offers are required by 4pm on 15 November 2024, with a sale concluded shortly after 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
•   Proof of funding is required

Contact Details

Chris Pickles
Cerberus Receivables Management
chris.pickles@cerberus-group.com