Business Opportunity An opportunity exists to purchase the business and assets of a commercial and industrial painting and decorating business.
 
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with the proposed Administrator.
 
Business Overview The company was incorporated in 2010 and provides painting and decorating services mainly to the commercial and industrial sector.
 
The business operates on a national basis.
 
The Company employs 5 fulltime staff and utilises subcontract paint staff.   
 
Recent Financial Information
 
Profit & Loss
Period ended November 2016
- Turnover:             1,235,000
- Gross Profit:         391,000
- Net Profit              10,000*     
(* before tax)
 
Period ended November 2015
- Turnover:             982,000
- Gross Profit:        316,000
- Net Profit:            33,000
 
Premises
The premises are currently occupied by way of a yearly rolling lease.
 
Assets Available for Sale
Goodwill
Website
Work-In Progress
Office Furnishings and IT Equipment
 
Deadline for Offers
All expressions of interest or formal offers for the business as a whole to be received no later than 12 noon on Friday 23rd December 2016. All offers should be supported by proof of funding.  A purchaser must be able to complete immediately.