BUSINESS FOR SALE - PROJECT LINGERIE

An opportunity has arisen to purchase the business and assets of an online retailer of Lingerie, specialising in undergarments and hosiery for bridal & honeymoon, including clubwear, fantasy wear, sleepwear, fancy dress costumes & swimwear. Brands include Leg Avenue, Chilirose, STM, Livia Corsetti, Passion, Obsessive.

Summary of the Business

• Established in 2005
• Operating from leasehold premises in the North West
• Turnover for the financial year ended 30 June 2020 £372,591
• Turnover for the financial year ended 30 June 2021 £378,021 (as per management accounts)
• Turnover for the financial year ended 30 June 2022 £210,364 (as per management accounts)

Assets Available

• Office Furniture & Equipment
• Stock circa £82k at cost
• Goodwill
• Domain & Web Content

Offers & Sales Process

Offers are invited for all such right and title and interest the Company has in its Assets.

Timescale

A deadline for offers has been set for 12.00 noon on Wednesday 24th August 2022

Further information

Further information will be provided upon receipt of a signed Non-Disclosure Agreement. Should you be interested in obtaining further information regarding this opportunity please contact the persons below. Please note that you will be required to complete and sign a confidentiality undertaking before additional information is provided to you.

Contact Details

Anna Hall
Email: anna.hall@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.