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The offered company is a profitable 50 year old iconic British children's fashion brand. The business is debt-free and has a strong and growing online presence (over 15% year-on-year sales uplift); their dresses are sold by Harrods, Neiman Marcus, Saks 5th Avenue and other leading boutiques around the world and also directly via their own website. The business was founded 50 years ago by a husband and wife who now want to retire as they are in their 70s.
The business generates an annual turnover of £2m and is EBITDA positive. In addition, our client will leave in the business approximately £850k of net assets, £500k of which is cash.
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