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(REF: 9645IP)  Successful Profitable Printing Business With Excellent Customer Base Suffolk
 
Seller Reference: 9645IP
B4S Reference: 17450
Asking Price: £79,950
Net Profit:
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
  Business Summary   
  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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).
  Property Information   
  Property: Leasehold
 
  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
 
  Living Accommodation: Yes
 
  Details of Accommodation: • A ground floor purpose built print shop with office space
• Print shop with sliding doors for easy loading
• Office area
• WC
 
  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
  Growth Potential   
  • 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
  Reason for Selling   
  • Alternative business projects
• Change of lifestyle after nearly 30 years in the business
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? Yes
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Mon to Fri: 7.30am to 4.30pm
  Summary of Staffing   
  • Family business run by vendor with assistance from wife and daughter
• One full time machine minder





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