Wed, Oct 28, 2020 11:04 PM
For Sale At Short Notice
Opportunity to Purchase the Rental Book of a
Commercial & Domestic Appliance Retailer
Summary
An opportunity has arisen to purchase the rental book of a commercial and domestic appliance retailer established over many years with a loyal customer base.
Investment
Rental book consisting of commercial laundry equipment, domestic appliances, and televisions
Circa 1,400 domestic and commercial accounts generating a total gross rental income of circa £275,000 per year
Future potential rental income of circa £1.5m to the end of the agreement
Mainly Midlands based customers
The rental book is in hard copy and will require digitisation by the purchaser
Sale Method
To protect the value of the rental book, it is proposed that any sale will need to be agreed and moved to completion as a matter of urgency, and as such, this opportunity is only available for a short period of time.
Following receipt of an expression of interest and a signed Non-Disclosure Agreement, further information will be provided. Offers for the purchase of the rental book, by way of sealed bids, need to be submitted by the deadline below.
Expressions of interest and to request a non-disclosure agreement to [email protected]
Offer deadline: 2nd November 2020
Completion of Sale: 3rd November 2020
Contact details
For further information and to request a non-disclosure agreement please email [email protected]