Business and Assets for Sale – Furniture Manufacturer and Supplier

Leonard Curtis are urgently seeking interested parties with regards to the sale of the business and assets of a leading furniture manufacturer based in England.

Key Features:

• Privately owned and well established businesses, in the manufacture of assembled furniture
• Supplies a number of ‘Blue Chip’ companies and has its own distribution arm
• c.300 employees
• Group Turnover of between £22.2m to £24.7 m in each of the last 3 years
• Gross profit of between 42.8% and 47.2% in each of the last 3 years
• Business operates from a bespoke and unique freehold site, purpose built for manufacturing

Assets available for sale include:

• Goodwill,
• Freehold premises;
• Debtor ledger;
• Plant & Machinery;
• Motor Vehicles;
• Office Equipment;
• Stocks; and
• Order Book / Work in Progress.

Indicative Timetable:

• Expressions of Interest and evidence of funding capabilities sought by 17:00hrs on Monday 25 February 2019
• On signing of an NDA interested parties will be given access to a data room to review further information
• Parties required to confirm by 17.00hrs 27 February 2019 whether they wish to proceed and set out outline proposals
• Suitable candidates will continue to be considered outside of this timetable, but time is of the essence

Contact details:
Zack Minshull
Leonard Curtis
36 Park Row
Leeds
LS1 5JL
Tel: 0113 3238890

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