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(REF: IY105 )  Printing Service and Retail Stationery
 
Seller Reference: IY105
B4S Reference: 16084
Asking Price: £125,000
Net Profit: £39,000
Sales Revenue: £160,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Essex, Essex, United Kingdom
  Business Summary   
  Established in 1959 and based at the current premises for twenty five years, this business has built up a superb reputation. The business offers a broad range of services. On the printing side, the business offers colour digital, litho, cutting and creasing and booklet making. The printing operation is conducted from the rear of the premises. At the front of the property, the business offers a stationary and key cutting service.

The business has invested in some high quality machinery over the years. Of particular note are the Heidelberg Press and the cutting and creasing equipment that is now difficult to source. The business does in fact obtain contracts from other printers who do not have this type of machinery.

The two main aspects of the business, namely printing and stationary compliment each other well. By combining these two services, the business has been able to up sell to many of its long standing and loyal customers. The business has excelled at retaining its clients. The business has determined that on average it works with each of its clients for approximately ten years.

The business is located in an excellent high street location with large levels of passing trade. The business benefits from being situated in an affluent part of the country that continues to thrive. The business historically operated in London itself and the legacy of this is that a number of clients are from the London area and are therefore generally provide more regular work. Being based outside of London ensures that this business has lower overheads and that it is able to compete with London based printers.
  Property Information   
  Property: Leasehold
 
  Lease Terms: The business currently occupies a property on an informal month by month arrangement. It is understood that a new longer term lease would be made available to new owners. The annual rent is set at £6,000 with rates of £936.

The business premises include a retail area, workshop, office and storage room.
 
  Current Rent: The annual rent is set at £6,000 with rates of £936.
 
  Living Accommodation: No
  Competition   
  The business has such a strong reputation that it has never really advertised.
  Growth Potential   
  The business has yet to add banner printing and other large format printing to its list of services. With no marketing as such, due to the high levels of referrals and repeat business, the stationary business in particular would benefit from a pro-active sales or marketing approach.
  Support and Training Offered   
  A comprehensive handover and any necessary training is available to ensure continuity of trading.
  Reason for Selling   
  The current owner is looking to spend more time with his family for health reasons.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday – Friday: 8.0 am-5.30 pm
Saturday: 8.0 am-12.00 pm
  Summary of Staffing   
  The business employs two part time staff. One is employed to assist with the retail stationary business and a bookkeeper is employed one day a week.





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