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Business For Sale - Details


Facilities Management Software Application

 

BACKGROUND

  • An opportunity exists to acquire this business who are developing a unique facilities management software application


OVERVIEW

  • Business founded in 2012
  • Recent turnover £257k
  • Operates from one location in London
  • Specialist FM software to allow simultaneous analysis of workspace utilisation, information and maintenance management and workplace wellness


FINANCIAL PERFORMANCE
  • The table below provides a summary of financial performance up to the year ended 31st March 2019

Year end

31st June 2017

£

Period 1st July to 31st March 2018

£

Year end to

31st March 2019

£

Turnover

427,373

231,068

257,049

Cost of Sales

(6,224)

(448,872)

(12,006)

Gross Profit

443,597

(217,804)

245,044

Administration Expenses

(345,384)

(654,120)

(1,710,620)

Operating (loss) / profit

98,221

(871,904)

(1,465,576)

 

TIMETABLE FOR PROCESS

  • Interested parties are required to submit an expression of interest by 5pm on Friday 26th April 2019 with offers to be provided by 3pm on Tuesday 30th April.



NON-DISCLOSURE AGREEMENT
If you would like more information about this company and to register your interest please complete and sign the attached Non-Disclosure Agreement and return it to jhills@lsh.co.uk


IMPORTANT
This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.


574 (24/04/2019)

Jan Hills

PA Administrator

CONTACT

020 3824 4743

jhills@lsh.co.uk