Project Gear
By Order of the Directors, pending appointment of an Administrator
Opportunity to purchase the business and assets of an establish automotive parts and accessories supplier to both trade & retail customers.
Business Opportunity
An opportunity has arisen to purchase the business and assets of an established automotive parts and accessories supplier, serving both trade and retail customers and is a recognised local business with both in-store and online sales channels.
Summary
• Established business operating in the East Midlands
• Local trade counters and online store
• Average annual turnover circa £3.7m
• No of employees 30
Tangible & Intangible Assets Available
• Stock
• Company vehicles
• Trade counter & warehouse equipment
• IT and office furniture
• E-Commerce website
• Domain names
• Brand
• Social Media Accounts
• Customer List
• Goodwill
• Company Records
Offers
Offers are invited for all such right title and interest the Company has in its assets both tangible and intangible, along with proof of funding. 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 Administration Insolvency Process.
Timescale
Offers should be submitted along with proof of funding by 12noon on Tuesday 20th January 2026. The asset sale will be contracted by the Administrator upon Appointment.
Further Information
Please register at www.johnpyedatarooms.com for a non-disclosure agreement and access to the dataroom.
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.
