BPI will be closed on the 8th & 9th of October for essential internal system updates. For urgent auction enquiries, please email [email protected]. For sell enquiries, please email [email protected]

BPI Auctions > Asset Advisory > Volume Online E – Commerce B2C & B2B Picture Frame Manufacturer – Accelerated Business Sale

Volume Online E – Commerce B2C & B2B Picture Frame Manufacturer – Accelerated Business Sale

BPI Asset Advisory are seeking urgent interest in a leading Yorkshire based picture frame manufacturer selling direct to consumer and business.

Offers By

04/10/2024 11:00 am

Location

Yorkshire

Email Us

01924 245040

Information

Headline Information

Fully functioning manufacturing base
Skilled & loyal workforce
Leasehold premises
Specialist Plant & Machinery
Industry Leading Product

Financial Information

2022 – T/O c£2m Gross Profit: c£300,000

2023 T/O c£1.7m Gross Profit c£300,000

2024 YTD c£2m

Reason For Sale

The company is facing difficulty due to a cash flow issue caused by a major customer. It is envisaged that the sale will complete by way of an insolvency process.

Expressions of interest are requested immediately due to upcoming cash requirements.

Please contact Carol Allen on [email protected] to receive an NDA