BUSINESS FOR SALE – PROJECT ACCOMMODATION

By Order of the Directors Pending the Appointment of a Liquidator - Opportunity to purchase the business and assets of a well-established Hotel

Business Opportunity

An opportunity to purchase the Business and Assets both tangible and intangible to include Goodwill, of a well-established hotel based in London.

Overview

  • Operating from a leased premises in the London

  • Tangible assets to include office furniture & equipment

  • Intangible assets to include goodwill attached to the business

  • • Turnover for the year ended 2023 c£1.2m; 2024 £1.95m; 2025 £1.25m

    • Offers

    Offers are invited for all such right, title and interest the Company has in its Assets. Any sale will exclude Company liabilities other than employees, which will transfer under TUPE. The sale of the business will be contracted by way of an asset sale only, through an insolvency process via a sale and purchase agreement.

    Timescale

    A deadline for offers has been set for Monday 1st June, 10am. 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 – alex.dominguez@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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    Children 15 and under are not permitted to enter the salerooms.

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