Building Trade Contractors Materials

SORRY THIS BUSINESS HAS ALREADY BEEN SOLD

Business Opportunity - Building Trade Contractors Materials

Building Trade Contractors Materials

We are instructed to seek offers for the physical assets, goodwill and IPR of a company supplying products to Building Trade Contractors including adhesives, damp proofing products, timber treatments and similar.

The company traded from two leasehold sites in Lancashire and in the Midlands, but ceased trading on 8th September 2023.

Turnover was historically 1.2 million p.a. but has been steadily dropping to around £600,000 p.a. incurring losses of typically £20,000 p.a.

The products which the company sells are a mixture of products which they buy in plus products which they manufacture.

Assets

The assets comprise:-

a) 1 off mixer for powder products

b) 2 off mixers for liquid products (1 large and 1 small)

c) 1 off cardboard compactor

d) Minor tools and equipment

e) A modest amount of moderate quality office equipment

Stock

There is estimated to be circa £33,000 of raw materials and circa £20,000 at cost of finished product.

At this stage we are seeking expressions of interest from principals only who should register their interest together with proof of funding as quickly as possible to:

Mr David W Kay FNAVA MABRP

Robson Kay Associates Ltd

Tilson Road

Manchester

M23 9GF

Email: david@robsonkay.co.uk

To be received no later than noon on 15th September 2023.

It is anticipated that appropriate parties who have expressed interest will be sent an NDA and further information released to them


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