| (REF: 9645IP) Successful Profitable Printing Business With Excellent Customer Base Suffolk |
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| Seller Reference: |
9645IP |
| B4S Reference: |
17450 |
| Asking Price: |
£79,950
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| Net Profit: |
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| Sales Revenue: |
£100,155 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Suffolk, Suffolk, United Kingdom |
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HISTORY
• Printing business trading from current site since late 1800s
• Current company incorporated 40 years ago
• In ownership of vendors and run as a family business for the last 27 years
• Excellent relationships with a wide client base established
• Ongoing investment in equipment including digital “bizhub”
• The vendor has never had do to any marketing for the business.
SERVICES
• Full range of general printing services offered
• Capacity to service orders from letterheads through to full colour brochures
• Design work undertaken
• Deliveries
CUSTOMERS
• Substantial customer base now in excess of 500
• Good mix of corporate and private clients within 5 mile radius
• Prestigious contracts include local independent school and luxury hotel
SUPPLIERS
• Range of printing wholesalers
FINANCIALS
Turnover
2009 £100,155
2008 £126,521
• Average gross profit margin 70%
• Reconstituted net profit has averaged £27,500 per annum over the past two years
• Stock holding approximately £1,500
PREMISES AND EQUIPMENT
• A ground floor purpose built print shop with office space
• Print shop with sliding doors for easy loading
• Office area
• WC
• Heidelberg 52 single colour press
• Polar 78 guillotine
• Stahl folding machine
• Watkins 12 station collator and booklet making machine
• Die cutter
• Digital “bizhub” (leased)
STRENGTHS
• Established in current location for well over one hundred years
• Excellent reputation locally
• Enviable repeat customer base with prestigious clients
• Solid and consistent financials
• Substantial inventory of equipment included within consideration price
• Delightful lifestyle destination
OVERHEADS
Staff £21,521
Rates TBC
Gas/ Electric £911
• Rates: TBC
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Leasehold |
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Lease Terms: |
TENURE
• The freehold is owned by the vendor who would be happy to create a lease as required with terms to be negotiated |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
• A ground floor purpose built print shop with office space
• Print shop with sliding doors for easy loading
• Office area
• WC |
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Location: |
• Positioned close to the heart of delightful Suffolk riverside town
• Purpose built print shop within easy reach of the many businesses trading in the town
• Affluent population demographic with many clubs and societies |
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• Business development activity very limited at present
• Excellent web domain not currently utilised
• Limited competition within the town
• Further work with existing clients
• Re-locatable if desired |
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• Alternative business projects
• Change of lifestyle after nearly 30 years in the business |
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Is this a home-based business? |
No |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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• Mon to Fri: 7.30am to 4.30pm |
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• Family business run by vendor with assistance from wife and daughter
• One full time machine minder |
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