Architecture Practice

SORRY THIS BUSINESS HAS ALREADY BEEN SOLD

Business Opportunity - Architecture Practice

Pre-Pack Administration Sale

The business employs approximately 40 staff, primarily from an office in the North West of England

The only physical assets comprise a small quantity of office furniture and equipment

There are no guaranteed contracts, but there is a quantity of WIP which customers may allow a newco to complete

Turnover is in the region of £4M per annum

We are inviting offers with a view to completing on Monday of next week (17th June 2024) when the company is expected to enter into administration, which means bids must be received in writing by 3pm this Friday, 14th June

The buyer will need to offer a fixed amount of money for the company's intangibles AND agree to TUPE transfer across the 40 staff

The key fee earners / stakeholders in the existing business have indicated they would NOT be willing to work for a buyer they did not already have a relationship with

Interested parties should email jonathan@robsonkay.co.uk for further details. Please note we will only deal with principals, not agents. The identity of the interested party must therefore be made clear in your initial email




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