Financial Details
Asking price: £79,950
Sales revenue: £100,155
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
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.

REASON FOR SALE

• Alternative business projects
• Change of lifestyle after nearly 30 years in the business

SERVICES

• Full range of general printing services offered
• Capacity to service orders from letterheads through to full colour brochures

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

OVERHEADS

Staff £21,521
Rates TBC
Gas/ Electric £911

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

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).
General Information
Years established:40
Trading hours:• Mon to Fri: 7.30am to 4.30pm
Property:Leasehold
Lease terms:• The freehold is owned by the vendor who would be happy to create a lease as required with terms to be negotiated. • Rates: TBC
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
Premises Details:• 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)
Expansion potential:• 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 • 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
Related documents:PDF document iconSales Particulars

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