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1/1Turner Butler Business Broker
Manufacturer, Wholesaler and Retailer of Designer Baby Accessories
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a manufacturer, wholesaler and retailer of designer baby accessories.
Key strengths:
The business has the following key attributes:
• Manufacturer, wholesaler, retailer – ‘clicks and mortar’ of designer baby accessories
• Rapidly growing brand in the baby accessories market
• Original and innovative design concept
• Extensive range – with more designs being added almost weekly
• High quality, low cost, luxury but affordable product – light in weight, ideal for e-commerce
• Prestigious retail stockists both in the UK and abroad
• Strong gifting/impulse purchase – relatively recession proof
• Registered trademarks in place
The business provides an acquirer, probably already active within the baby accessories market with:
• an excellent, additional, innovative and quirky product range
• a bolt on operation with significant growth potential
Financial profile:
For the financial year ending January 2011, the business achieved a turnover of approximately £375,000, generating a gross profit slightly in excess of £200,000 and a pre-tax net operating profit of almost £54,000 after depreciation and small Directors remunerations. Shareholders Funds were £37,900. Projected turnover for the financial year ending January 2012 is £400,000.
Offers are now invited for a sale of 100% of the Issued Share Capital based on a Balance Sheet value of £37,900. However the current Owners only wish to solicit interest from organisations, probably already involved in the baby accessories market, and which are capable of realising the full potential that undoubtedly exists within the business, in a shorter period of time than could be achieved under the current ownership.
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