Description Long established, regional Auctioneers and Valuers.
Ref.CD004
Location Hampshire
Undeclared
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a long established regional auctioneers and valuers.
Key strengths:
The business has the following key attributes:
Well established business under local management.
Twice monthly sales - Antiques and Collectables and General Household items.
On-line coverage of the Antique and Collectables sales.
Leasehold property with two Sale Rooms.
Worldwide sales - China, Japan and Russia.
Full service offering - house clearances to sales of antiques and general items, probate valuations etc.
The business provides an acquirer with:
An ideal bolt-on opportunity for an existing auctioneer.
A perfect family business for anyone with an interest in antiques.
Financial profile:
Sales for the financial year ending December 2012 are projected to reach almost œ230,000 generating a projected pre-tax net operating profit of almost œ22,000.
Offers are now invited for 100% of the Issued Share Capital of the Limited company on a cash free, debt free basis.
