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Why Auctions are a Preferred Mechanism in Business Rescue Matters

Why Auctions are a Preferred Mechanism in Business Rescue Matters

As the words “In Business Rescue” frequent more and more auction adverts, Park Village Auctions Head Auctioneer, Clive Lazarus shares insight as to why Business Rescue Practitioners (BRPs) choose auctions as their preferred method for asset disposal or selling the business as a going concern. Business Rescue refers to the proceedings to facilitate a financially distressed company’s rehabilitation. “As the name implies, the aim is to [Read More...]
On Offer: National Pizza Franchise Stores and Factories

On Offer: National Pizza Franchise Stores and Factories

Park Village Auctions is making available the entire contents of a well-known national pizza franchise, comprising food preparation factories and fifty fully-equipped stores by way of an invitation to submit offers. This as duly instructed by the joint provisional liquidators of Taste Food Franchising (Pty) Ltd, Taste Commissary (Pty) Ltd, and Taste Food Trading 1 (Pty) Ltd formerly trading as Domino’s Pizza. PVA’s Andrew Dix-Peek [Read More...]
Ideally positioned Gauteng property ideal for use as a healthcare facility or hospitality venue on auction

Ideally positioned Gauteng property ideal for use as a healthcare facility or hospitality venue on auction

A rare opportunity has arisen to acquire the well-known Amanzingwe Lodge, Conference Centre & Spa, a 49.5ha property well positioned just 40 minutes from both Pretoria and Johannesburg and 16km from Hartbeespoort, which would be ideal for use as a healthcare facility or hospitality venue. It is easily accessed via the R512, R104 and N4 and only 22km from Lanseria International Airport. To be auctioned online on 30 July 2020 through [Read More...]