KRE Corporate Recovery LLP expects to be appointed as Administrators shortly to a company that is a retailer of landscaping products for gardens.
PROJECT TRACK : PRIVATE & CONFIDENTIAL
An opportunity exists to acquire the business and assets of a UK based independent company offering over the counter and on-line sales of landscaping materials predominantly to trade customers.
- Trading since 1958
- Current management wishes to step away from the business
- Loyal and knowledgeable workforce
- Turnover for y/e Oct 2017 £812k
- Turnover for y/e Oct 2018 £837k
- Turnover for ytd 30 June £302k
- Over 100,000 website users
- £100k invested in website
- 100+ listed products
- UK wide distribution
- Rent & Rates £23,500 pa & £8,720 respectively
- 3,300 sq ft space (of which 2,000 sq ft is external)
- 5 staff (excluding the director)
Interested parties should immediately sign the Non Disclosure Agreement attached to receive further information. An early sale is anticipated.
If you require any further information please contact; Rob Keyes (email@example.com) 01189 47 90 90.
See following Important Notice.
INTRODUCTION AND CONDITIONS
This summary has been prepared in connection with the proposed sale of 100% of the shares and or trade and assets of the Company.
By accepting this summary the recipient agrees to keep permanently confidential all information that it contains. This summary may only be made available to those members of the recipient’s staff who require to be directly involved in the appraisal of the opportunity and the recipient’s bankers and professional advisors. It should not be made available to any other third party without the prior written approval of KRE Corporate Recovery LLP Limited (“KRE”). Furthermore, no contact should be made with the Company or any of its staff, customers, suppliers or shareholders without the express permission of KRE Corporate Recovery LLP.
The information in this summary, which does not purport to be comprehensive, has been completed from information provided to KRE Corporate Recovery LLP by the Company and has not been independently verified by KRE Corporate Recovery LLP. Intending purchasers should not rely on the information contained in this summary, and must satisfy themselves as to the accuracy of all such information. KRE Corporate Recovery LLP has been appointed by and is acting for the shareholders of the Company and, with the exception of any duties or liability which it may have under the Financial Services and Markets Act 2000, will not be responsible to any third party for the information contained in this memorandum.
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a) persons who are investment professionals falling within article 19(1) of the Financial and Markets Act 2000 (Financial Promotion) Order 2005 in the United Kingdom (the “order”); (b) high net worth individuals (who meet the criteria for such classification contained in article 48(2) of the Order, or companies or other bodies who are reasonably believed to fall within articles 48(2) and 49(2) respectively of the Order; or (c) other persons whom it may be otherwise lawfully communicated to (whether pursuant to the Order or otherwise). KRE Corporate Recovery LLP Limited will only engage with individuals or organisations who fall within the above description in connection with anything relating to this document and the information contained within.
Any individual or organisation that does not fall within the categories of the above description should not under any circumstance rely or act upon this document or any information within this document. In the event, that an interested party is in any doubt about their classification in terms of the description above or about a proposed investment or acquisition. Such parties must consult with an “authorised person” for the purposes of FSMA.
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