Manufacturing | UK, Worldwide Potential | £1m+ Turnover Offers are invited for the entire issued share capital of a niche baby leisurewear manufacturer with the UK leading brand in its sector.
The vendors believe that further investment and international connections are required to realise the full potential of the brand throughout the world.
The company has a reputation for quality and innovation of its ranges. It has experienced continual growth in its target niche sector, and has significant potential for further growth worldwide. The business generates sales through the internet and distributors, and they are in ongoing dicussions with a number of UK and European retailers which will significantly add to its growth.
The company has a small management team and outsourced facilities which provide an easy fit within an acquirer.
The projected turnover for 2010 is £1m, with a gross margin of £600k and adjusted operating profit of £425k. The company is currently on target to exceed the outturn for 2010 and based on the number of key accounts in various countries currently expressing interest, this growth is expected to accelerate over the next few years.
turner parkinson LLP is a Manchester based commercial law firm, specialising in SMEs and owner managed businesses with a turnover between £0.5m - £20m.
