Business profile:
Introduction
Turner Butler has been appointed to invite offers of purchase for certain assets and goodwill of an education business, namely its publishing arm with a back-list of 36 titles aimed at lower to mid-years primary school children.
Key strengths:
The business has the following key attributes:
• A back-list of 31 titles of picture books aimed at lower to mid-years primary school children, aged 3 to 7.
• 20 CD audio versions available including sound effects, author’s section, quizzes and other fun activities plus 3 versions in Welsh and French.
• High production values; very well illustrated, strong storylines, memorable characters and enchanting language.
• Retail price: £5.99 with CD versions: £7.99.
• Red Robin Books have been placed in the top 6% of Public Lending Rights (PLR) earners for lendings in British Libraries. Red Robin Books were borrowed 67,000 times during the 2012/13 financial year.
• Rights sold successfully into China, South Korea and Slovenia.
• Significant sales growth and increased profitability opportunities.
The business provides an acquirer with:
• An ideal bolt on for a publishing company looking to add titles to their existing portfolio.
• An excellent ‘starter’ business opportunity for anyone looking to establish a foothold in the Children’s book publishing sector.
