Business for Sale – Licensed Restaurant

Mon 21 Nov 2016

Mazars LLP have been instructed by a company which operates as a licensed restaurant to assist them with a sale of their business via an accelerated M&A transaction.

The company trades from leasehold premises in the centre of Manchester. 

The company’s latest management accounts detail monthly turnover of £60k, with gross profit of £39k.  The main assets relate to goodwill (from leasehold improvements made to the premises) and general equipment and fixtures and fittings and there are a number of assets which are subject to hire purchase agreements.

The company has 23 employees with an average monthly wage bill of £40k. 

Offers are invited from interested parties who are seeking to purchase the business as a going concern in the first instance.  Deadline for offers is 12pm on 25 November 2016.

Please email Heather Bamforth to request a non-disclosure agreement and further information.

Disclaimer

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The information stated above has been supplied by the directors. Any purchaser must satisfy themselves as to the accuracy of the information herein and the assets available for sale/investment in. The statements above must not be relied upon as statements of representation of fact and Mazars LLP, their partners and employees shall not be responsible for any error, omission or mis-statement. Neither the staff of Mazars LLP nor any of their agents give any guarantees or warranties as to the statements above.

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