Textile Service Business

Business Opportunity - Textile Service Business

We are instructed to invite offers for the total business assets of a Textile Service Business which we expect to enter into administration shortly.

The Company employs approximately 40 people who work from rented premises in the South of England

The Company is a real living wage employer.

Physical assets comprise textile machinery, some of which is owned (to be included in the proposed sale) and some of which is rented or on finance (which by definition will be excluded from the sale).

There are no contracts with guaranteed work and turnover has dropped significantly as a result of some customers reducing demand and other customers removing their custom altogether.

Interested parties will need to be in a position to make a very quick decision as the bidding deadline is 4pm on Monday of next week, 2nd December.

Interested parties should email jonathan@robsonkay.co.uk requesting an NDA.

Please note we will only deal with principals not agents and the identity of the interested bidding party must be made clear when requesting an NDA.

Offers must also be sent by email to jonathan@robsonkay.co.uk

The guide price is: £50,000 and we anticipate a successful purchaser will TUPE transfer across all the staff.

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