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Development and implementation of interiors, exteriors, general contractor for the construction and reconstruction of small facilities – sale of an operating company

Small business (up to 1 million EUR)

Sale of 100% stake in s.r.o..

Sold

Price: 50 000 €
Region:
Country: Czech republic

The company is engaged in the development and implementation of interiors, exteriors, and also performs the functions of a general contractor in the construction and reconstruction of small facilities – a total area of up to 5000 sq.m.

The key activity is the development and implementation of interior design, where the company has a number of solid references from well-known companies. For example, such as Warroc Automotive Systems, STING – one of the largest Czech realtors, Beskydy Rehabilitation Center, a large insurance company Česká podnikatelská pojišťovna, etc.

Profit margin 10-12%

The company was founded in 2012.

Current economic situation

Currently, an economic crisis has arisen in the company due to the fact that one of the customers at the end of 2015 unreasonably did not pay the final part of the deliveries under the contract for general contracting works and did not accept the completed work on the act of acceptance and transfer of the object. The total amount of creditor claims under the contract in respect of this customer is CZK 1,500,000.

Due to the fact that the company being sold at the site performed the functions of a general contractor and purchased materials and subcontracting works for construction, as well as as a consequence of the fact that the customer did not pay it off, the company had debts in relation to suppliers of elevators, windows, doors. Total debts in the amount of about 500 000 k.h.

Thus, the company's assets in the form of claims amount to 1,500,000 k.h., and the debt – about 500,000 k.h.

The sale of this company may be of particular interest to those buyers who have experience in out-of-court debt collection in the Czech Republic and know how to work with debtors and creditors.

The format of the transaction and the activities of the enterprise after the change of ownership

The subject of the sale is 100% of the shares in a limited liability company (s.r.o.)

Price: by agreement of the parties. The price indicated in the ad is indicative.

The following options may be considered:

  1. The new owner, buying the company for a small amount, will further repay the company's debts at the expense of internal reserves and in the process of revitalizing the company.
  2. From the amount received for the sale of shares in the company, the existing debts of the company will be partially or fully repaid and the company will pass to the new owners "net" without debts or with significantly less debt.

The current director of the company is ready to continue his work after the change of ownership, but the most optimal for the seller seems to be a change in the company's management after its acquisition by the new owner. In this case, the current management of the company is ready to assist the new management (if it is interested) for a transitional period under a separate agreement with the new owner.

The purity of the transaction, the absence of hidden financial and legal obligations is guaranteed by the personal responsibility of the owners, the process of gradual transfer of management in accordance with the agreement, legal mechanisms and norms provided for in the Czech Republic.

Our services for the rehabilitation of Czech companies

Our company has extensive experience in the rehabilitation – rehabilitation of Czech companies that are in a state of incipient or already developed financial and economic crisis.

For buyers of Czech companies intended for reorganization, we offer a full range of services that will help with maximum efficiency to capitalize the assets of the purchased company, and on the most favorable terms, with a significant discount, to buy off the company's debts from its creditors.

After the reorganization of the company, we provide full support in its stabilization and strengthening of its position in the market.

More information about our services in a special section of the site.

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