PROPERTY DETAILS
Lease terms:
The premises total circa 7,600 sq. ft with a yearly renewable lease. Rent is circa ₤18,000 per annum and rates are circa ₤8,000 per annum.
BUSINESS DESCRIPTION
Specialist Print Finishing Business for Gold Blocking and Embossing
Ref.IY083
Location West Yorkshire
Asking Price £ 225,000
Established in 1975 this family business has built up an enviable reputation for high quality embossing and gold blocking.of letterheads, invitations, brochures, screen and pad printing.The business has grown steadily over the past 30 years, and the company have an excellent database of regular, repeat clients who trust the company to deliver excellent quality work to strict deadlines.
The business predominately supplies a specialist service to other printers in the Yorkshire region. There is little competition in their field and have on average, a two weekly forward order book. The company are always busy as this niche service is in constant demand.
The company have extensive machinery to perform all of the printing and finishing work they provide and work out of an industrial unit on the outskirts of a major, West Yorkshire city centre.
The business is profitable and runs smoothly with a small, but skilled workforce. There is growth potential within the company with unexploited areas to pursue for new owners.
Expansion Potential
The volume of business is from a wide customer database with a small number of key accounts.
Ideally, the company could move into other areas including Greetings Cards and Security Printing.
There is still huge opportunity to increase their customer base as they have no direct sales agent or even a web site to attract new customers. The majority of their business comes from local printers and there is a definite opportunity to offer such a specialist service to a wider area. The company has spare capacity at present and could easily take on more work.