Sale of a specialist soft home furnishing provider, operating nationwide from a leasehold premises in the East Midlands.
Currently a family ran business specialising in the sourcing and import of soft home furnishings. Supplying UK and Ireland customers, including blue chip companies, through bulk deliveries or via an in-house direct dispatch operation. This sale also includes a production department to service high end custom made furnishings.
Key features:
•Leasehold premises totaling c.47k square feet, including c.8k square feet of office space.
•30 employees.
•Assets available include an operational business, trade, goodwill, fixtures & fittings, plant & machinery, office furniture & equipment, computer software & hardware and significant levels of stock.
Process:
The Company is now looking to conduct a sale of the shares and/or its business and assets. To protect the Company’s goodwill and trade, it is proposed that any sale will need to be completed quickly, and as such, this opportunity is only likely to be available for a short period of time.
Following receipt of expressions of interest, and a signed Non-Disclosure Agreement, brief sales particulars will be provided via a data room. Offers for the purchase of the shares and/or the business and assets, by way of sealed bids, needs to be sent by 12 noon on Monday 16 December 2024.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 6,600,000 | 0 |
| 2023 (Actual) | 3,300,000 | 0 |
| 2024 (Actual) | 4,000,000 | 0 |
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