Project Homewares

By Order of the Directors Pending the Appointment of an Administrator

Opportunity to Purchase the Assets of a Wholesale Supplier of Home Interior Products

Business Opportunity

An opportunity has arisen to purchase the Business and Assets both tangible and intangible to include Goodwill, of an established trade-only wholesale supplier of home accessories, giftware and occasional furniture.

Overview

• Operating from a 10,000 square foot warehouse in Nottinghamshire
• 2 Employees including the Director
• Offers Dropshipping and Fulfilment Services
• Tangible assets to include plant & machinery, office furniture & equipment, vehicles and stock with an original cost value of circa £179,000.
• Intangible assets to include, website contents & domain name, customer list and goodwill attached to the business.
• Average last four years revenue circa £995,000
• Turnover for the period April – December 2024 circa £348,000

Offers

Offers are invited for all such right title and interest the Company has in its Assets both tangible and intangible.

Timescale

A deadline for indicative offers has been set for Friday 31st of January 2025, 4pm. This is an accelerated M&A opportunity; due diligence should be conducted as a matter of priority.

Further Information

Further information will be provided on receipt of a signed Non-Disclosure Agreement.

Contact Details

To register your interest and receive the Non-Disclosure Agreement Please Email – ben.ernstzen@johnpye.com

Disclaimer
This information which does not proport to be comprehensive, has been provided by our client and has not been independently verified. No representation or warranty, express or implied, is or will be given by our client, its directors, employees or advisers or any other person as to the accuracy or completeness of this information and so far as permitted by law.

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Additional Info

Children 15 and under are not permitted to enter the salerooms.

Please note: This is a Public Auction, not a consumer or retail sale – Lots include second-hand, returns, ex-display and damaged goods, no guarantees.

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