BUSINESS AND ASSETS SOLD – CLOTHING AND ACCESSORIES WHOLESALER
The proposed Administrators are seeking parties interested in the business and assets of a clothing and accessories wholesaler based in the North West of England. Continuing to fulfil orders from existing stockholding
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Based in the North West of England
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UK Blue chip client base
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Strong supply chain relationships with quality and ethical controls
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Current turnover circa £5.4m (latest 6 month period)
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22 staff (including director)
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Operates from rented premises
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Assets available for sale include:
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Goodwill
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Stock - £1m (cost price)
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Fixtures & Fittings
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Office Furniture and Equipment
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IT Equipment
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Debtor book- £350k
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Order Book £750k and growing daily + (£300k of orders held in stock)
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Indicative offers are required by 17:00hrs 26 February 2020 with a view to completion shortly thereafter
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All interested parties will be required to sign a non-disclosure agreement
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Proof of funding required
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James Booth
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Cerberus Asset Management
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26 Missouri Avenue
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Salford
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Manchester
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M50 2NP
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James.booth@cerberus-group.com
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0161 737 5252
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