Selling Your Business To An Employee Ownership Trust
To sell your UK business to an employee ownership trust (EOT) it must have:
A ratio of “participators” (shareholders with at least 5% ownership) to permanent UK employees of no more than 2:3
Sufficient profitability to make the structure work: we advise a minimum of £400k per annum
From your answers it seems that selling to an EOT is not the right solution for your business.
Thank you for your time.