boutiques are rented and are located on renowned AAA shopping streets. The owners have over 30 years of experience in the fashion industry. The company employs 7 people, of which 1 FTE and 6 part-time employees.

Company
The company is a prominent player in designer fashion and brings together the best of different fashion worlds. Turnover fell slightly due to a limited focus on online sales and a limited number of events, but these can easily be relaunched. 

Location
The company is located near the Belgian East-Coast, close to the Dutch border.

Transaction rationale
The owners want to focus on other more ‘non-competitive’ activities and aspects in life and therefore made the strategic decision to sell 100% of the shares. In order to guarantee a smooth transition, the owner/manager is willing to remain active in the Company for a predetermined period. The duration of this period can be tailored to the needs of the buyer.

Key Financials

• FY 2017 (N) - Sales: 2.564M EUR/ EBITDA%: 16%
• FY 2018 (N) - Sales: 2.421M EUR/ EBITDA%: 14,30%
• FY 2019 (F) - Sales: 2.349M EUR/ EBITDA%: 14,3%
• FY 2020 (F) - Sales: 2.396M EUR/ EBITDA%: 17,40%
• FY 2021 (F) - Sales: 2.444M EUR/ EBITDA%: 20,40%
• FY 2022 (F) - Sales: 2.492M EUR/ EBITDA%: 23,30%

Reason for sell
The current entrepreneur wants to invest more time in other activities. 

Offered share
The selling party wants to sell the full company (100%). 

Transaction form
The selling entrepreneur prefers a shares transaction, in which the buying party becomes shareholder of the current company. 

Suitable for
The company is interesting for strategic buyers/investors. The company is interesting as well for MBI candidates with knowledge of the sector.