Vanilla is an ideal candidate for a white label Content Management System - it's robust, fast, standards-compliant, cross-browser compatible and it's highly flexible in terms of functionality and appearance.
"A white label product or service is a product or service produced by one company (the producer) that other companies (the marketers) rebrand to make it appear as if they made it."
We wouldn't strictly call Vanilla a 'bare bones' system as there's quite a bit of flesh and brain there too. It's fully commented throughout in case you or your programmers wish to modify or develop the system to suit your needs.
See a full list of Features.