Game Wholesale Company for sale

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Game Wholesale Company for sale

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Hairyloon

Joined: 20 Nov 2008
Posts: 15425
Location: Today I are mostly being in Yorkshire.

Posted: Tue Apr 04, 17 2:49 pm Post subject: Game Wholesale Company for sale

This dropped into my inbox. I thought it might be of interest to some here, if only for discussion.

Quote:

Project Wild Bird
By Order of the Directors due to a Notice of Intention to appoint an Administrator
ACQUISITION OPPORTUNITY
Assets
Premises
Processing Plant
Leasehold premises in Lincolnshire
Refrigeration Equipment
Refrigerated Motor Vehicles
Experienced Workforce
Stock-in-Trade of Partridge, Grouse, Hare, Pheasant, Mallard, Rabbit, Red Leg, Wood Pigeon, Wild Boar, Venison (approximately £180,000 at cost).

https://www.eddisons.com/assets/uploads/MBA/Project%20Wild%20Bird/Website%20Notice%20-%20Project%20Wild%20Bird.pdf

Last edited by Hairyloon on Wed Apr 05, 17 6:53 pm; edited 1 time in total

dpack

Joined: 02 Jul 2005
Posts: 46188
Location: yes

Posted: Wed Apr 05, 17 1:26 pm Post subject:

a few observations:

stock in trade in a game business might have a value on paper and a serious liability if looked at closely ,property assets are only worth what they are worth to the person with the money

i assume they have been tanking as they are in administration,why? management or model?

no hint of staff or goodwill?

is it worth asset stripping?if it was the administrators might have been on that one bit at a time.
could it work as a thriving game business?
both require more data for a sensible pitch from their side, im out.

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Apr 05, 17 2:57 pm Post subject:
There's a workforce listed.

dpack

Joined: 02 Jul 2005
Posts: 46188
Location: yes

Posted: Wed Apr 05, 17 4:07 pm Post subject:
silly me ,so they need feeding from day one (or the other option) both of which can be expensive

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