Regional Restaurant Review Magazine

Business for Sale

Client On behalf of the proposed Liquidators, Mazars

Details

Sale Type:

Businesses for Sale

Status:

Active

Our client has been instructed by the sole Director of the company to assist him in placing the company into liquidation. A liquidator is due to be appointed on 14 January 2020. 

The company has been trading since 2005, producing regional restaurant review magazines on an annual basis. The printing of the magazine is outsourced to a third-party.
 
The company’s business model is such that the restaurant pays for the reviews to be included in the magazine, and the magazine was circulated on a free basis to the general public via supermarkets and other outlets.
 
The company operated with around 20 staff, all of whom were made redundant on Friday, 20 December when the company ceased to trade. The company has leasehold premises in central Bristol.

Annual turnover in recent years is reported to be approximately £1.2m. 

As well as the business, we are marketing the intangibles, such as branding, website, customer lists, artwork, etc, as well as office furniture & IT equipment. 

To register you interest, please email Josh Chivers, MRICS, at jchivers@gordonbrothers.com.