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Specialist Industry Intelligence Publication for Aerospace & Defense

Ref. IE094

Location : Relocatable (Buckinghamshire)

Asking Price : £225,000 + net assets

Turnover : £158,000

Net Profit : Undeclared

Gross Profit : £158,000

EBITDA : £100,000

Net Asset : £500,000

Premises : Relocatable

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Business highlights include:

Turnover: c. £158,000 per annum (2019 accounts)
Gross Profit: c. £158,000 per annum
Adjusted EBITDA: c. £100,000 per annum (Declared)
Net Assets c. £500,000 (2019 accounts)
Very long term client subscriptions

Over 18 years of successful trading
Excellent repeat customer base
Knowledgeable, experienced and motivated journalists
Content ownership allowing repeat business and/or sale
Remotely managed staff
Goodwill

Business Profile

This business was purchased by the vendor when it had already traded successfully for many years; and in that time it has grown its readership and subscription numbers having already been well established and profitable. The business specialises in offering corporate and governmental customers all over the world valuable intelligence and insights into the Defense & International Trade Industries.

There are two seperate jounals managed by the vendor in line with his long experinece as an international journalist, making integrity of reporting the heart of the business and its publications.

The business maintains & manages a significant database of interested parties and subscribers which can be put to economic use other than in support of its publications and represents a clear opportunity for a new owner.

Likewise is the opportunity to utilise publishing technology to tighten the grip on the transfer of valuable intellectual property by subscribers to non-subscribers. This has been on the mind of the vendor for some years and he has now decided that it is a problem best left for a new owner to solve.

Other opportunities lie in the move from a paper based journal to an online or digital environment, which the vendor believes offers significant scope for growth.

The business is very sucessful and highlights include:

• Loyal long term clients
• The business has been around for over 18 years and is a solid repeatable business opportunity
• The business has huge untapped potential and is highly scalable
• Comprehensive client-product knowledge
• Information for complex industry intelligence requirements
• Very strong subscriber relationships

The business is managed by the Vendor from a convenient home based office. All journalists and print houses are managed successfully from here.

Journalists, staff and printers are fully conversant with the business’ techniques and methodology and are more than capable of enabling a new owner to successfully maintain continuity of trading.

Equipment:

The business has the necessary stock of equipment and facilities; a full list is available by request.

Customer Service:

The vendor manages the business on a day to day basis.

Key Strengths:

The business has many strengths including

• The most comprehensive industry resource in the world
• Enviable reputation in the sector that it serves
• Embedded subscriber base
• Exceptional quality of content
• Highly reliable journalist and marketing staff
• Mobile & easily remotely managed
• The business is relocatable

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The following are taken from the 2019 accounts, with the exception of the EBITDA which has been declared by the vendor. The balance sheet has certain items to consider in resolving final value and includes sums for investments, intangible assets and cash at bank.

Turnover: c. £158,000 per annum
Gross Profit: c. £158,000 per annum
Adjusted EBITDA: c. £100,000 per annum (Declared by the vendor)
Net Assets c. £500,000

Asking Price:

The Asking Price of £225,000 plus net assets is for 100% of the interest of the company, assuming Net Assets of circa £500,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark Net Asset figure of £500,000 at completion.

Growth and Expansion:

The vendor has managed this business according to his personal work/life balance and is highly confident that a new owner could exploit the current business for significant account growth. 

Premises:

The business is managed from a home based office.

Business Hours:

Monday – Friday: 09:00-18:00 (Publishing deadlines permitting)

Employees:

The vendor is supported by staff journalist and a reliable commercial printer.

All collaborators & partners are highly experienced and a real asset of the business.

Support and Training:

The current owner would be happy to provide full training and support at handover.

Reason for Sale:

The vendor will enlighten interested parties.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Turner Butler (e-mail:sales@turnerbutler.co.uk), telephone Head Office: 01895 256000.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk