Total of 17097 firms and businesses for sale today Wednesday 8th February 2012
Business For Sale. Printing Service And Retail Stationery
LISTING DETAILS
Firms For Sale ID:
12305
Vendor reference:
IY105
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£125,000
Stock included.
Stock included.
Turnover / revenue:
£160,000
Net profit / cashflow:
£39,000
Years established:
51
Trading hours:
Monday – Friday: 8.0 am-5.30 pm
Saturday: 8.0 am-12.00 pm
Number of employees:
2
OTHER DETAILS
Reason for selling:
The current owner is looking to spend more time with his family for health reasons.
Support and training:
A comprehensive handover and any necessary training is available to ensure continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
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.
BUSINESS DESCRIPTION
Printing Service and Retail Stationery
Ref.IY105
Location Essex
Asking Price £ 125,000
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.
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.